FxWirePro: USD/CNY consolidates around 6.90 mark, PBOC sets yuan mid-point at 6.8990
May 30, 2019 06:29 am UTC| Technicals
USD/CNY is currently trading around 6.9070 marks. It made intraday high at 6.9147 and low at 6.9057 levels. Intraday bias remains bearish till the time pair holds key resistance at 6.92 mark. A sustained...
USDCAD hits 5 month high as BOC less hawkish than expected, good to buy on dips
May 30, 2019 06:29 am UTC| Technicals
USDCAD trades higher and jumped more than 50 pips after BOC monetary policy. Bank of Canada has kept its interest rates unchanged at 1.75% and signals neutral stance. Recent economic data of Canada is line with Banks April...
May 30, 2019 06:05 am UTC| Technicals
USD/INR is currently trading around 69.75 marks. It made intraday high at 69.81 and low at 69.61 marks. Intraday bias remains slightly bearish for the moment. Key resistances are seen at 69.85, 70.20, 70.52,...
FxWirePro: Gold trades lower on strong dollar, good to buy on dips
May 30, 2019 05:43 am UTC| Technicals
US Dollar Index -Trend positive.US Dollar index is trading higher for past three days and jumped more than 50 pips. Any break above 98.40 will take the index till 98.75/99. US 10 year yield- Overall trend negative....
May 30, 2019 04:31 am UTC| Technicals
USD/TWD is currently trading around 31.57 marks. It made intraday high at 31.65 and low at 31.57 marks. Intraday bias remains slightly bearish till the time pair holds key resistance at 31.65 marks. A daily...
FxWirePro: USD/THB slips below 31.80 mark, stay bearish
May 30, 2019 04:06 am UTC| Technicals
USD/THB is currently trading around 31.79 marks. It made intraday high at 31.84 and low at 31.78 marks. Intraday bias remains bearish till the time pair holds key resistance at 31.94 marks. On the top side,...
FxWirePro: Nikkei trades weak on trade deal pessimism, good to sell on rallies
May 30, 2019 04:04 am UTC| Technicals
Nikkei is consolidating after more than 350 points in past two trading day. The main reason for decline was ongoing pessimism in US-China trade talks and declining US bond yield. Chinese Media reported that China is...
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