FxWirePro: Nikkei pares yesterday’s gain due to weak U.S market, good to buy on dips
Jun 22, 2018 06:13 am UTC| Technicals
Asian markets pared most of its gains from yesterday high as trade worries woes investor sentiment.US market has closed slightly weak on trade worries and slightly weak economic data. The Philadelphia fed reserve said that...
FxWirePro: EUR/JPY rejected at 128 handle, slips lower to hover around 5-DMA, bias bearish
Jun 22, 2018 06:04 am UTC| Technicals
EUR/JPY has retraced from session highs at 128, hovers at 127.90 at the time of writing. The pair is recovering from lows of 126.64 (June 19), but remains below 21-EMA, bias lower. Successive spinning top...
FxWirePro: EUR/JPY rejected at 128 handle, slips lower to hover around 5-DMA, bias bearish
Jun 22, 2018 06:04 am UTC| Technicals
EUR/JPY has retraced from session highs at 128, hovers at 127.90 at the time of writing. The pair is recovering from lows of 126.64 (June 19), but remains below 21-EMA, bias lower. Successive spinning top...
Jun 22, 2018 06:03 am UTC| Technicals
On daily plotting of NZDUSD, bulls bounce-back with hammer pattern candle at 0.6864 levels, we can observe steep slumps below DMAs soon after streaks of bearish patterns, such as hanging man, back-to-back shooting stars...
FxWirePro: USD/TWD remains well supported above 30.00 mark, Taiwan’s jobless rate in focus
Jun 22, 2018 05:18 am UTC| Technicals
USD/TWD is currently trading around 30.30 marks. It made intraday high at 30.37 and low at 30.29 marks. Intraday bias remains slightly bearish till the time pair holds key resistance at 30.38 mark. A daily...
FxWirePro: GBP/AUD struggles at 100-DMA, further upside only on close above
Jun 22, 2018 04:18 am UTC| Technicals
GBP/AUD struggles to extend gains above 100-DMA. We see further upside only on break above. The pair is trading in a narrow range with a days high at 1.7963 and a low of 1.7931. Technical studies are biased...
FxWirePro: USD/JPY recovery lacks traction, trades rangebound below 200-DMA
Jun 22, 2018 04:04 am UTC| Technicals
The Greenback has paused downside against the yen as rumors of US-China trade talks support. Reuters quoted as saying some senior White House Officials are trying to restart talks with Beijing before the US tariffs on...
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