FxWirePro: Gold Intraday Trade
Jul 16, 2018 06:28 am UTC| Technicals
Overall trend - bearish Intra day trend Bullish Gold is trading weak and lost almost more than $30 in previous week. The main reason for fall is strong US dollar index and weak yen. The yellow metal has shown a...
BTC/USD Price Band Between $5,500 - $6,000 and Reminiscences of Bitcoin Boom-Cycle
Jul 16, 2018 06:16 am UTC| Research & Analysis Fintech Technicals Insights & Views
The month of June has been pathetic for crypto-universe when Coinrail, the South Korean based digital exchange platform, reported a hacking news, as a result, the price of Bitcoin (BTCUSD) plunged by more than 17.8% (as...
FxWirePro: EUR/JPY extends gains for the 4th straight week, eyes 200-DMA at 131.90
Jul 16, 2018 06:11 am UTC| Technicals
EUR/JPY is extending winning streak into the 4th straight week, bias remains bullish. The pair has ignored a Doji formation on the daily candle on Fridays trade. Price action pushes higher from session lows at...
FxWirePro: AUD/CHF rangebound around 200W SMA, further upside only on break above
Jul 16, 2018 05:56 am UTC| Technicals
AUD/CHF hovers around 200W SMA at 0.7431, price largely range bound. Aussie dented after China Q2 growth slowed as expected, industrial production printed weaker-than-expected. The pair is edging higher after...
Jul 16, 2018 05:11 am UTC| Technicals
USD/TWD is currently trading around 30.56 marks. It made intraday high at 30.60 and low at 30.54 marks. Intraday bias remains neutral for the moment. A daily close above 30.70 will drag the parity up towards...
FxWirePro: USD/JPY closes bearish gap open, bulls on track to test 200-W SMA at 113..24
Jul 16, 2018 04:49 am UTC| Technicals
USD/JPY has resumed gains after staging a brief correction on Fridays trade. USD was dented after University of Michigan Consumer Sentiment Index eased to 97.1 in July, missing market expectation of 98.2. UST...
FxWirePro: USD/THB consolidates around 33.30 mark, downside limited
Jul 16, 2018 04:08 am UTC| Technicals
USD/THB is currently trading around 33.30 marks. It made intraday high at 33.33 and low at 33.26 marks. Intraday bias remains neutral till the time pair holds key resistance at 30.36 mark. On the top side,...
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