FxWirePro: USDJPY faces strong resistance at 108.35, good to buy on dips
Sep 17, 2019 10:41 am UTC| Technicals
Major resistance- 108.35 USDJPY has shown a good dip of more than 90 pips after a minor dip till 107.44. The decline was mainly due to a slight escalation of geopolitical tensions in the Middle East after drone...
FxWirePro: USD/DKK finds resistance at 6.7950, intraday bias bearish
Sep 17, 2019 09:50 am UTC| Technicals
The Danish Krone rose after falling to a near 1-week trough earlier in the session. USD/DKK is currently trading 0.1 percent down at 6.7822, having hit a high of 6.8287 on Thursday, its highest since May...
USDCHF struggles to break 200-day MA, any break above targets 1.10350
Sep 17, 2019 09:36 am UTC| Technicals
USDCHF is trading higher for the past 4 days and jumped nearly 80 pips. The pair is struggling to break above 200 -day MA for the preceding 1-1/2 months. The slight easing of the US-China trade war and nice recovery in...
FxWirePro: EUR/SEK near 1-week peak, jump till 10.7077 likely
Sep 17, 2019 09:09 am UTC| Technicals
EUR/SEK trades 0.7 percent up at 10.6943, having hit a low of 10.6113 on Thursday, its lowest since September 6. The pair broke above 10.6845 (21-EMA) but finds strong resistance at 21-DMA. RSI is strong at 51.03...
FxWirePro: EUR/INR back above 79.00 mark, German ZEW economic sentiment data in focus
Sep 17, 2019 09:00 am UTC| Technicals
EUR/INR is currently trading around 79.14 mark. It made intraday high at 79.15 and low at 78.83 mark. Intraday bias remains bullish for the moment. A daily close above 78.93 will drag the parity up towards...
FxWirePro: USD/NOK extends losses, major support at 8.9122
Sep 17, 2019 08:40 am UTC| Technicals
The Norwegian Krone gained, extending previous session gains on yesterdays upbeat Balance of Trade figures. USD/NOK trades 0.1 percent down at 8.9480, having touched a low of 8.9199 on Monday, its lowest since...
FxWirePro: Silver trades flat at $17.80 mark, further sideways movement likely
Sep 17, 2019 08:33 am UTC| Technicals
XAG/USD is currently trading around $17.80 marks. It made intraday high at $17.89 and low at $17.73 levels. Intraday bias remains neutral for the moment. A daily close above $17.82 will test key resistances...
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