Jul 11, 2018 06:18 am UTC| Technicals
On daily plotting of CADJPY, hammer candlestick patterns at 82.529 and 82.678 levels have taken off rallies above 7 and 21 DMAs, but spinning top, shooting star and hanging man candlesticks which are bearish patterns have...
FxWirePro: USD/INR moves in rigid boundaries, bias remains neutral
Jul 11, 2018 06:12 am UTC| Technicals
USD/INR is currently trading around 68.78 marks. It made intraday high at 68.82 and low at 68.59 marks. Intraday bias remains neutral for the moment. Key resistances are seen at 68.99, 69.18, 69.52 and 69.88...
Jul 11, 2018 06:09 am UTC| Technicals
GBP/JPY is trading highly volatile for past two trading days on account of Brexit uncertainty. The continuous back to back resignation of Brexit Secretary and Foreign Secretary has created political uncertainty. UK GDP...
FxWirePro: US oil extends sideways grind below $74 a barrel, trade tensions dent risk appetite
Jul 11, 2018 06:07 am UTC| Technicals
Renewed trade tension are taking the edge off of risk appetite through broader markets. US oil extends sideways grind below $74 a barrel, but bias still bullish. Price were slightly lifted overnight on a...
FxWirePro: USD/TWD hovers around 30.50 mark, stay bullish
Jul 11, 2018 04:16 am UTC| Technicals
USD/TWD is currently trading around 30.46 marks. It made intraday high at 30.51 and low at 30.30 marks. Intraday bias remains bullish till the time pair holds key support at 30.30 mark. A daily close above...
FxWirePro: AUD/USD recovery attempts capped at 4H 110 EMA, good to short upticks
Jul 11, 2018 04:10 am UTC| Technicals
AUD/USD is flashing red on worsening trade tensions between the US and China. Trump administration is reportedly planning to publish a list of new tariffs that are to be imposed on $200 billion worth of Chinese...
Jul 11, 2018 04:05 am UTC| Technicals
Gold has declined almost $20from the high of $1266 on account of strong US dollar index. The yellow metal has formed a temporary bottom around $1237 and shown a recovery of more than $25.US is planning to impose further...
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