FxWirePro: South African rand trades flat against U.S. dollar, stay bearish only below 13.50 mark
Jul 06, 2018 07:51 am UTC| Technicals
USD/ZAR is currently trading around 13.55 levels. It made intraday high at 13.58 and low at 13.52 levels. Intraday bias remains neutral till the time pair holds key support at 13.50 mark. A daily close...
FxWirePro: NZD/USD retakes 0.68 handle amid broad-based US dollar weakness, eyes 23.6% Fib at 0.6865
Jul 06, 2018 07:45 am UTC| Technicals
NZD/USD extends higher for a 4th straight session, supported by broad-based US dollar weakness. The pair is trading 0.37% higher at the time of writing, extends above 5-DMA, bias higher. Technical analysis...
FxWirePro: Copper plunges lower weighed down by global trade war fears, hits 1-year lows at 2.781
Jul 06, 2018 06:44 am UTC| Technicals
Copper is extending rout, on track to close in the red for the 4th straight week. Price has hit fresh 1-year lows at 2.781 before paring some losses to currently trade at 2.820 levels. Trade relations between the...
FxWirePro: USD/CNY stabilizes above 6.63 mark, PBOC sets yuan mid-point at 6.6336
Jul 06, 2018 06:42 am UTC| Technicals
USD/CNY is currently trading around 6.6468 marks. It made intraday high at 6.6645 and low at 6.6340 levels. Intraday bias remains bullish till the time pair holds immediate support at 6.6278 mark. A...
FxWirePro: BTC/USD rangebound, break below 20-DMA likely to re-test 6000 levels
Jul 06, 2018 06:36 am UTC| Digital Currency Technicals
BTC/USD is trading in an extremely tight range on Friday with its upside capped by trend line joining 9948.98 and 6792.28. It is currently trading at 6505 levels at press time (Bitstamp). On the upside, the pair faces...
Jul 06, 2018 06:22 am UTC| Technicals
Chart and candlestick patterns formed: Shooting star hampers previous bullish momentum, current prices slide below 7DMAs, both leading oscillators signal overbought pressures on daily plotting, range-bounded patterns on...
FxWirePro: GBP/JPY holds well above 20- day MA, jump till 148 likely
Jul 06, 2018 06:11 am UTC| Technicals
GBP/JPY has shown a minor recovery of 100 pips yesterday after a good jump in GBP. The rise of more than 150 pips from the low of 145.18 was mainly due to better than expected UK PMI data. Sterling rose against all majors...
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