FxWirePro: Nikkei Daily Outlook
Jun 12, 2019 03:44 am UTC| Technicals
Nikkei is consolidating after hitting high of 21330. The index jumped more than 5% in past one week.US markets has given up gains made earlier yesterday and closed slightly lower.Asian markets are holding due...
FxWirePro: Chinese yuan trades marginally lower after CPI, PPI data
Jun 12, 2019 03:03 am UTC| Technicals
USD/CNY is currently trading around 6.9150 marks. It made intraday high at 6.9168 and low at 6.9088 levels. Intraday bias remains slightly bullish till the time pair holds key support at 6.8979 mark. A...
FxWirePro: EUR/KRW moves in stiff boundaries, stay bullish only above 1,340 mark
Jun 12, 2019 01:54 am UTC| Technicals
EUR/KRW is currently trading around 1,338 mark. It made intraday high at 1,338 and low at 1,333 levels. Intraday bias remains neutral till the time pair holds key resistance at 1,340 mark. A sustained close...
FxWirePro: Japanese yen trades almost flat after PPI, core machinery orders data
Jun 12, 2019 01:26 am UTC| Technicals
USD/JPY is currently trading around 108.46 marks. It made intraday high at 108.56 and low at 108.44 levels. Intraday bias remains neutral for the moment. A daily close above 108.51 will take the parity...
FxWirePro: Sell US dollar index on rallies
Jun 11, 2019 13:19 pm UTC| Technicals
Major support- 96.45 (200- day MA) US dollar index is consolidating after hitting low of 96.45.The index was trading weak for past 1 week and lost more than 150 pips .The decline was mainly due to dovish comments by...
Gold: Key levels to watch (US Session)
Jun 11, 2019 13:03 pm UTC| Technicals
Gold has lost nearly $10 from todays high $1329.77.It hits intraday low of $1319.7 and is currently trading around $1323.70. The strong global stock market and easing trade war is putting pressure on yellow...
FxWirePro: USDCHF struggles to break above 200-day MA, good to sell on rallies
Jun 11, 2019 12:34 pm UTC| Technicals
Major resistance 0.99580-60 (200- day MA) USDCHF is trading slightly higher for past two days after hitting low of 0.98590 made on Jun 7th2019.The pair has formed almost a double bottom around 0.9850.The slight jump...
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