FxWirePro: USDCHF struggles to break below parity level, good to sell on rallies
May 27, 2019 06:50 am UTC| Technicals
USDCHF has once again declined near parity level and shown a minor recovery.The demand for safe haven assets increased a lot on ongoing political tension in UK and trade war escalation. UK PM May has announced exit date as...
FxWirePro: USD/CNY breaks key support at 6.8996, PBOC sets yuan mid-point at 6.8924
May 27, 2019 06:32 am UTC| Technicals
USD/CNY is currently trading around 6.8912 marks. It made intraday high at 6.9002 and low at 6.8807 levels. Intraday bias remains bearish till the time pair holds key resistance at 6.9182 mark. A sustained...
FxWirePro: AUD/USD extends gains amid US dollar weakness, eyes 21-EMA at 0.6956
May 27, 2019 05:54 am UTC| Technicals
AUD/USD chart - Trading View AUD/USD extends gains for the 3rd straight session, US dollar weakness supports. The pair has bounced off strong trendline support, trades 0.17% higher at 0.6936 at 05:45 GMT. RSI is...
FxWire Pro: USD/INR rejects key support at 69.30 mark, upside limited
May 27, 2019 05:19 am UTC| Technicals
USD/INR is currently trading around 69.46 marks. It made intraday high at 69.49 and low at 69.30 marks. Intraday bias remains slightly bullish for the moment. Key resistances are seen at 69.85, 70.20, 70.52,...
FxWirePro: USD/JPY pauses three straight sessions of downside, bearish bias intact
May 27, 2019 04:52 am UTC| Technicals
USD/JPY chart - Trading View USD/JPY trades marginally higher at 109.46 at 04:30 GMT, up 0.17% on the day. The pair has paused after a three-day losing streak, but recovery lacks traction. US Treasury yields fell...
FxWirePro: Gold faces strong resistance at 55-day EMA, break above targets $1300
May 27, 2019 04:17 am UTC| Technicals
US Dollar Index -Trend Negative.US Dolalr index continues to trade lower for 3rdconsecutive day.It has lost more than 80 pips. Any break below 97.36 confirms further weakness and a decline till 97 possible. US 10...
FxWirePro: USD/TWD stabilizes below 31.50 mark, short term trend reversal likely
May 27, 2019 04:04 am UTC| Technicals
USD/TWD is currently trading around 31.46 marks. It made intraday high at 31.49 and low at 31.42 marks. Intraday bias remains slightly bearish till the time pair holds key resistance at 31.57 marks. A daily...
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