May 30, 2018 11:11 am UTC| Technicals
EUR/CHF edges higher from 8-month lows at 1.1368, trades 0.55% higher on the day. The pair has retraced break below 38.2% Fib at 1.1476 and is currently trading shy of 5-DMA at 1.1527. Momentum studies are biased...
FxWirePro: USD/CAD hits- 2-month high on weak oil price, markets eye BOC monetary policy
May 30, 2018 09:41 am UTC| Technicals
USD/CAD hits 2 month high at 1.30468 after breaking 1.3000 yesterday from low of 1.27496 almost 300 pips on account of huge decline in oil prices. Market eyes BOC monetary policy which his to be released today for further...
May 30, 2018 09:34 am UTC| Technicals
FxWirePro Currency Strength Index for GBP/CHF: Bias Bearish FxWirePros Hourly USD Spot Index was at -160.644 (Bearish) FxWirePros Hourly USD Spot Index was at 130.396 (Bullish) Technical Analysis: Bias Bearish -...
FxWirePro: Turkish lira firms at 4.48 against U.S. dollar, faces key support at 4.4688 mark
May 30, 2018 09:11 am UTC| Technicals
USD/TRY is currently trading at 4.4966 levels. It made intraday high at 4.5612 and low at 4.4815 levels. Intraday bias remains bearish for the moment. Key resistances are seen at 4.5388, 4.5612, 4.5872,...
FxWirePro: South Africa's rand extends gain to 1 percent against U.S. dollar, downside limited
May 30, 2018 08:41 am UTC| Technicals
USD/ZAR is currently trading around 12.57 levels. It made intraday high at 12.73 and low at 12.55 levels. Intraday bias remains bearish till the time pair holds key resistance at 12.70 mark. A daily close...
FxWirePro: EUR/JPY recovery lacks traction, bears likely to target 61.8% Fib at 123.50
May 30, 2018 08:10 am UTC| Technicals
EUR/JPY continues to make fresh 2018 lows. The major hit 124.62 levels on Tuesdays trade before paring some losses to close at 125.50. Euro has garnered some support across the board after upbeat German retail sales...
May 30, 2018 07:41 am UTC| Technicals Research & Analysis Insights & Views
The daily chart of EURGBP portrays the minor trend that slides through sloping channel, where spinning top pattern signaled weakness at stiff resistance levels, the current price still remains below DMAs despite todays...
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