
FxWirePro: USDCAD trades higher on weak Canadian jobs data, good to buy on dips
Dec 09, 2019 10:15 am UTC| Technicals
USDCAD recovered sharply more than 100 pips after the release of jobs data. US NFP came at 266000 in the month of Nov compared to forecast of 140K while that Canadian economy lost 72000 jobs vs estimate of 10000. The pair...

FxWirePro: EUR/SEK off 7-month trough, intraday bias bullish
Dec 09, 2019 10:01 am UTC| Technicals
The Swedish Krona retreated from a 7-month peak as the euro steadied on upbeat German trade balance figures. EUR/SEK trades 0.5 percent up at 10.5350, having hit a low of 10.4825 on Friday, its lowest since...

FxWirePro: Norwegian Krone halts 3-day rally as oil eases from multi-week peaks
Dec 09, 2019 09:43 am UTC| Technicals
The Norwegian Krone eased, retreating from a 2-week peak as oil prices eased from multi-week peaks. U.S. oil prices declined from 2-1/2-month highs amid concerns about the damage being done to global demand by the...

FxWirePro: Gold Weekly Outlook
Dec 09, 2019 09:34 am UTC| Technicals
Gold is trading weak for the 5th consecutive week on easing US-China trade tension and strong US strong jobs data. US economy has added 266000 jobs in Nov compared to a forecast of 181K, fastest pace in 10 months. The US...

FxWirePro: Silver trades flat $16.60 mark, stay bullish only above $16.62 mark
Dec 09, 2019 09:34 am UTC| Technicals
XAG/USD is currently trading around $16.58 marks. It made intraday high at $16.60 and low at $16.50 levels. Intraday bias remains neutral till the time pair holds key resistance at $16.62 mark. A daily close...

FxWirePro: USD/TRY rallies to 6-1/2 week peak, good to buy on dips
Dec 09, 2019 09:15 am UTC| Technicals
The Turkish Lira plunged to a 6-1/2 week low, as investors turned cautious ahead of Central Bank of Turkeys interest rate decision due this week. USD/TRY is trading 0.6 percent up at 5.8042, having hit a high of...

Dec 09, 2019 08:38 am UTC| Technicals
USD/ZAR is currently trading around 14.65 levels. It made intraday high at 14.66 and low at 14.60 levels. Intraday bias remains neutral till the time pair holds key support at 14.54 mark. A daily close...