Aug 10, 2018 07:28 am UTC| Technicals
EUR/USD has resumed its weakness after a long consolidation by breaking major support 1.15070 level. The recovery from 1.0339 has ended at 1.25543 and downturn has resumed. The hawkish fed and trade war are supporting...
FxWirePro: EUR/JPY edges higher from 7-week lows at 126.82, bias lower, bears target 78.6% Fib
Aug 10, 2018 07:26 am UTC| Technicals
Refer EUR/JPY chart on Trading View EUR/JPY has retraced from 7-week lows at 126.82, has edged above 127 handle. Price action has broken below daily cloud and 61.8% Fib at 127.43. Momentum indicators are at...
FxWirePro: Silver fails to find support above $15.40 mark, U.S. CPI data in focus
Aug 10, 2018 07:15 am UTC| Technicals
XAG/USD is currently trading around $15.31 marks. It made intraday high at $15.42 and low at $15.29 levels. Intraday bias remains bearish till the time pair holds key resistance at $15.52 mark. A daily close...
FxWirePro: USD/ZAR hits fresh 2-month high at 13.96 mark, stay bullish
Aug 10, 2018 06:59 am UTC| Technicals
USD/ZAR is currently trading around 13.85 levels. It made intraday high at 13.96 and low at 13.65 levels. Intraday bias remains bullish till the time pair holds key support at 13.50 marks. A daily close...
FxWirePro: USD/CNY back above 6.85 mark, PBOC sets yuan mid-point at 6.8395
Aug 10, 2018 06:40 am UTC| Technicals
USD/CNY is currently trading around 6.8554 marks. It made intraday high at 6.8595 and low at 6.8198 levels. Intraday bias remains bullish for the moment. A sustained close above 6.8209 marks will test key...
FxWirePro: AUD/CAD finds strong trendline support at 0.9575, good to go short on break below
Aug 10, 2018 06:31 am UTC| Technicals
Refer AUD/CAD chart on Trading View AUD/CAD slumps 0.73% on the day, trades at 0.9551 at the time of writing. The pair is extending declines for the 4th straight week, bias remains bearish. Aussie on the...
FxWirePro: CHF/JPY takes support near 100 day MA, good to buy on dips
Aug 10, 2018 06:19 am UTC| Technicals
Major support - 111.15 (100- day MA) CHFJPY has lost almost 200 pips from the high of 113.18 made on Jul 31st2018. It is almost like double top and any further major reversal only above that level. The pair has taken...
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