Dec 05, 2018 10:07 am UTC| Technicals
USD/CAD shown a massive recovery of more than 100 pips from low of 1.31599 as US China trade truce fades. Markets eye Bank of Canada monetary policy for further direction.Bank of Canada is expected to interest rate...
FxWirePro: EURUSD pares gains as trade talk optimism fade, US bond yield weighs
Dec 05, 2018 09:08 am UTC| Technicals
EUR/USD unable to maintain gains made after US and China trade truce.The pair hits high of 1.14183 and lost nearly 100 pips from that level. The USD was gaining against all majors as optimism on trade talks was faded and...
FxWirePro: Silver falls gradually against U.S. dollar, further downside movement likely
Dec 05, 2018 08:00 am UTC| Technicals
XAG/USD is currently trading around $14.41 marks. It made intraday high at $14.52 and low at $14.40 levels. Intraday bias remains bearish till the time pair holds key resistance at $14.52 mark. A daily close...
FxWirePro: EUR/GBP consolidates major trendline break at 0.89, bias higher
Dec 05, 2018 07:49 am UTC| Technicals Research & Analysis
EUR/GBP chart on Trading View used for analysis EUR/GBP has resumed upside after a brief pause in the previous sessions trade. The pair is likely consolidating break a major trendline resistance at 0.89, bias...
FxWirePro: USD/ZAR remains well supported above 13.50 mark, upside limited
Dec 05, 2018 07:35 am UTC| Technicals
USD/ZAR is currently trading around 13.86 levels. It made intraday high at 13.87 and low at 13.80 levels. Intraday bias remains slightly bullish for the moment. A daily close above 13.83 will take the...
Dec 05, 2018 07:06 am UTC| Technicals
Major resistance - 146 GBPJPY has lost more than 100 pips after breaking minor trend line support at 144. The pair was trading in narrow range for past 10 days. The Japanese yen is trading strong against all majors...
FxWirePro: Indian rupee trades marginally higher ahead of RBI’s interest rate decision
Dec 05, 2018 06:41 am UTC| Technicals
USD/INR is currently trading around 70.43 marks. It made intraday high at 70.65 and low at 70.40 marks. Intraday bias remains slightly bearish for the moment. Key resistances are seen at 70.82, 71.05, 71.40,...
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