FxWirePro: EURUSD trades lower after European election result, good to sell on rallies
May 29, 2019 10:09 am UTC| Technicals
EURUSD has once again declined sharply after showing a minor jump above 1.1200.France and Germany is clashing over who to be elected as new President of the European commissioner. US 10 year yield continues to trade lower...
FxWirePro: S&P500 breaks major support at 2800, dip till 2745 likely
May 29, 2019 09:31 am UTC| Technicals
Major Support- 2800 SP500 is trading weak for past two days and lost more than 50 points on renewed trade tension. The index hits intraday low of 2783 and is currently trading around 2785.30. In the month SP500 has...
FxWirePro: DAX30 trades lower, any break below 11800 confirms further weakness
May 29, 2019 09:06 am UTC| Technicals
DAX has halted its minor bullishness and declined more than 200 points on global stock market sell-off and renewed trade war. Elections for 28 countries of European parliament held on Thursday and results shows that euro...
FxWirePro: Silver touches $14.40 mark, upside limited
May 29, 2019 08:18 am UTC| Technicals
XAG/USD is currently trading around $14.40 marks. It made intraday high at $14.41 and low at $14.31 levels. Intraday bias remains bullish till the time pair holds key support at $14.27 mark. A daily close...
Crypto Technicals: IOT/USD pauses upside at 0.51 mark, bias bullish
May 29, 2019 07:49 am UTC| Digital Currency Technicals
IOT/USD chart - Trading View Exchange - Bitfinex Support: 0.3949 (21-EMA); Resistance: 0.6100 (Oct 8th high) Technical Analysis: Bias Bullish IOT/USD has paused upside at the 0.51 mark, bias remains...
FxWirePro: USDCHF fails to cross 1.0100, dip till 1.000 likely
May 29, 2019 07:25 am UTC| Technicals
USDCHF shown a minor recovery of more than 80 pips from low of 1.00083 broad based US dollar buying. But US 10 year yield is trading extremely lower and hits fresh 19-month low at 2.22%. The spread between US 3 month and...
FxWirePro: USD/ZAR hits fresh 7-month high at 14.88 mark as trade tensions dampen risk sentiment
May 29, 2019 07:16 am UTC| Technicals
USD/ZAR is currently trading around 14.86 levels. It made intraday high at 14.88 and low at 14.69 levels. Intraday bias remains bullish till the time pair holds key support at 14.59 marks. A daily close...
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