May 21, 2018 08:07 am UTC| Technicals
FxWirePro Currency Strength Index for EUR/CHF:Bias Bearish FxWirePros Hourly EUR Spot Index was at -117.756 (Bearish) FxWirePros Hourly CHF Spot Index was at 124.592 (Bullish) Technical Analysis: Bias Bearish - The...
May 21, 2018 07:47 am UTC| Technicals
As you could refer daily plotting of NZDUSD, the minor trend has been sliding through sloping channel. Where the bears resume at the channel resistance, the occurrence of shooting stars at this juncture signals...
FxWirePro: Gold trades lower on strong US dollar, good to sell on rallies
May 21, 2018 06:59 am UTC| Technicals
Gold prices was trading weak in previous week and has declined almost $40 from the high of $1322 on account of rising US 10 year bond yield and US dollar. US 10 year bond yield jumped more than 6% in previous week and hits...
FxWirePro: USD/CNY hits fresh 4-month high at 6.3835 mark, PBOC sets yuan mid-point at 6.3852
May 21, 2018 06:46 am UTC| Technicals
USD/CNY is currently trading around 6.3831 marks. It made intraday high at 6.3835 and low at 6.3764 levels. Intraday bias remains bullish till the time pair holds key support at 6.3510 mark. A sustained...
FxWirePro: EUR/NZD hovers around 50-DMA at 1.7006, further weakness only on decisive break below
May 21, 2018 06:14 am UTC| Technicals
EUR/NZD retraces from session lows at 1.6970, retakes 50-DMA at 1.7006. The pair is trading 0.16% higher on the day at 1.7035 levels and we see further weakness only on decisive break below 50-DMA. Upside remains...
FxWirePro: Nikkei trades higher as US-China trade war on hold, good to buy on dips
May 21, 2018 05:57 am UTC| Technicals
Asian markets were trading higher on Monday as US China trade war negotiations on hold.US Trade Secretary Steven Mnuchin said on Sunday that We are putting the trade war on hold .Right now we have agreed to put the tariffs...
FxWirePro: Indian rupee falls gradually against U.S. dollar, hits lowest level since January 2017
May 21, 2018 05:54 am UTC| Technicals
USD/INR is currently trading around 68.16 marks. It made intraday high at 68.22 and low at 68.04 marks. Intraday bias remains bullish till the time pair holds key support at 67.77 mark Key resistances are...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects