Feb 21, 2019 10:25 am UTC| Technicals Insights & Views
Technical glance:Gold (XAUUSDprice) has continued to sense selling sentiments after bearish engulfing formation at $1,337.77 levels (on 4H plotting). Consequently, bears have taken-off slumps below DMAs. For now,...
FxWirePro: AUD/JPY consolidates break below 1H 200-SMA, stay short on upticks
Feb 21, 2019 10:19 am UTC| Technicals
AUD/JPY chart on Trading View used for analysis AUD/JPY is trading 1.03% lower on the day at 78.59 at 0955 GMT. The pair has retraced from session highs at 79.81, capped at 110-EMA resistance at...
Feb 21, 2019 10:05 am UTC| Technicals
EURUSD is trading in very tight range in past two trading day. The pair hits high of 1.13705 after dovish Fed Meeting Minutes. Fed has mentioned that it is going to follow patience stance on account of US growth concern...
FxWirePro: NZD/USD pauses downside at 4H 200-SMA support at 0.68, stay short on break below
Feb 21, 2019 09:46 am UTC| Technicals
NZD/USD chart on Trading View used for analysis NZD/USD has halted downside at 4H 200-SMA support at 0.68 level. The pair is edging lower as the kiwi is tracking weakness in the Australian dollar. The...
GBP/JPY forms double top pattern in hourly chart, any break above targets 146.50
Feb 21, 2019 09:27 am UTC| Technicals
Major resistance- 145 (almost double top) GBPJPY is consolidating after a forming a minor top around 145.04. The pair declined till 144.08 yesterday and shown minor recovery. It hits intraday high of 144.90 and is...
FxWirePro: Silver falls in European hours, various U.S. economic data in focus
Feb 21, 2019 08:48 am UTC| Technicals
XAG/USD is currently trading around $15.89 marks. It made intraday high at $16.08 and low at $15.88 levels. Intraday bias remains bearish till the time pair holds key resistance at $16.03 mark. A daily close...
FxWirePro: DAX30 hits 2-1/2 month high on trade talk hopes, good to buy on dips
Feb 21, 2019 08:08 am UTC| Technicals
DAX30 is trading higher after breaking major resistance 11390 high made on Feb 5th2019 on account of US-China trade talk optimism and strong global market. The index recovered sharply more than 600 points from low of 10862...
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