FxWirePro: South Korean won falls gradaually against euro, faces key resistance at 1,302 mark
Aug 23, 2018 02:10 am UTC| Technicals
EUR/KRW is currently trading around 1,295 mark. Pair made intraday high at 1,295 and low at 1,293 levels. Intraday bias remains slightly bullish for the moment. A sustained close above 1,293 will take the...
FxWirePro: Japanese yen trades marginally lower despite higher than expected manufacturing PMI data
Aug 23, 2018 01:07 am UTC| Technicals
USD/JPY is currently trading around 110.76 marks. It made intraday high at 110.76 and low at 110.51 levels. Intraday bias remains slightly bullish for the moment. A daily close above 110.55 will take the...
Aug 22, 2018 12:47 pm UTC| Technicals
Major Resistance- 112.10 As per our analysis CHF/JPY is continuing its bullishness and has broken major resistance 112.10 level. The pair was struggling to break above 112.10 for past two weeks. It hits high of 112.27...
FxWirePro: US Oil extends gains above 5-DMA, breaks above 67 mark, bias higher
Aug 22, 2018 12:46 pm UTC| Technicals
US Oil trades trades 1.33% higher on the day, hits weekly highs at 67.26. WTI lifted by reports of US crude stockpiles draw and renewed USD weakness. Iran oil supply threats amid US sanction continue to offer...
FxWirePro: Buy USD/CAD on dips
Aug 22, 2018 11:44 am UTC| Technicals
USD/CAD has lost more than 150 pips from the temporary top formed at 1.31750. US dollar was trading weak against all majors after Trump criticized Fed on rate hike. It hits low of 1.30091 at the time of writing. It is...
FxWirePro: Bears keep ETH/USD below 300, further bullishness only on decisive break above
Aug 22, 2018 11:18 am UTC| Digital Currency Technicals
(Refer ETH/USD chart on Trading View) ETH/USD continues to consolidate in a narrow range as it faces strong resistance at 300 levels. It is currently trading at 284 levels at the time of writing (Coinbase). On the...
FxWirePro: DXY holds above 95 handle, close below 21-EMA raises scope for further weakness
Aug 22, 2018 11:13 am UTC| Technicals
The dollar index is extending downward streak for the 5th straight session. Recovery attempts were rejected at session high at 95.38, bias is bearish. Price has close below 21-EMA on Tuesdays trade raising scope...
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