FxWirePro: Kiwi weakens severely against major peers after RBNZ’s cash rate decision
Aug 09, 2018 01:30 am UTC| Technicals
AUD/NZD is currently trading around 1.1125 marks. Pair made intraday high at 1.1137 and low at 1.1010 marks. Intraday bias remains bullish till the time pair holds key support at 1.1010 mark. A sustained...
FxWirePro: EUR/USD trades lower on escalated trade war, good to sell on rallies
Aug 08, 2018 13:34 pm UTC| Technicals
EUR/USD has pared most of its gains made yesterday on account of renewed trade tensions between US and China and broad based US dollar buying. US will impose 25% tariff on Chinese goods especially Industrial equipment like...
FxWirePro: EUR/GBP breaks above 0.8955, eyes 61.8% Fib at 0.9044, stay long
Aug 08, 2018 13:25 pm UTC| Technicals
Refer EUR/GBP chart on Trading View Sterling weak across the board on continuing Brexit concerns and a hesitant BoE. BoEs McCafferty reaffirming BoE Governor Carneys call that rate hikes will be small and slow...
Aug 08, 2018 12:59 pm UTC| Technicals
USD/CHF has shown a good recovery of more than 100 pips from the low of0.98675. The poair hgits high of 0.9870 and shown a minor decline. With no major economic data to be released markets eye US PPPI and CPI data to be...
FxWirePro: USD/CHF Daily Outlook
Aug 08, 2018 12:39 pm UTC| Technicals
USD/CHF has shown a good recovery of more than 100 pips from the low of0.98675. The poair hgits high of 0.9870 and shown a minor decline. With no major economic data to be released markets eye US PPPI and CPI data to be...
Aug 08, 2018 12:27 pm UTC| Technicals
Refer AUD/NZD chart on Trading View AUD/NZD consolidates break above trendline resistance, trades 0.19% lower on the day. The pair has edged lower from new 7-month highs at 1.1034, hovers at 1.0994...
FxWirePro: USD/CAD trades higher on escalating tensions between Canada and Saudi,ggod to buy on dips
Aug 08, 2018 12:08 pm UTC| Technicals
USD/CAD has shown a good recovery on more than 130 pips from the low of 1.29623 made on Aug 7th on rising geo political tensions between Canada and Saudi. Saudi Arabia has expelled Canadian ambassador ,froze new trade and...
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects