May 18, 2018 09:18 am UTC| Technicals
USD/CAD has shown a minor jump from the low of 1.27496 made yesterday on account of deadline passing to reach NAFTA deal. The pair hits high of 1.2845 at the time of writing and slowly declined due to rising oil prices. It...
May 18, 2018 08:20 am UTC| Technicals
XAG/USD is currently trading around $16.41 marks. It made intraday high at $16.44 and low at $16.36 levels. Intraday bias remains slightly bullish till the time pair holds key support at $16.30 mark. A daily...
FxWirePro: USD/ZAR rejects key resistance at 12.62 mark, bias remains slightly bearish
May 18, 2018 07:44 am UTC| Technicals
USD/ZAR is currently trading around 12.52 levels. It made intraday high at 12.62 and low at 12.51 levels. Intraday bias remains slightly bearish till the time pair holds key resistance at 12.62 mark. A...
FxWirePro: AUD/CAD finds stiff resistance at 21-EMA at 0.9673, good to go long on break above
May 18, 2018 07:35 am UTC| Technicals
AUD/CAD breaks above 5-DMA at 0.9624, trades 0.18% higher on the day at 0.9633 levels. The pair finds stiff resistance at 21-EMA at 0.9673, breakout at 21-EMA could see further upside. Technical studies are...
FxWirePro: USD/CNY exhibits range bound movement, PBOC sets yuan mid-point at 6.3763
May 18, 2018 07:11 am UTC| Technicals
USD/CNY is currently trading around 6.3695 marks. It made intraday high at 6.3716 and low at 6.3644 levels. Intraday bias remains bullish till the time pair holds key support at 6.3644 mark. A sustained...
FxWirePro: GBP/JPY trades higher, good to buy on dips
May 18, 2018 07:02 am UTC| Technicals
GBP/JPY is continuing its upward momentum and jumped almost 80 pips from Wednesday close. The pair has closed slightly above 200- day MA and this confirms minor trend reversal. It has jumped till jumped till 150 at the...
May 18, 2018 06:42 am UTC| Technicals
Gold prices are trading weak for past five trading session and has declined almost $36 on account of rising US 10 year bond yield and US dollar. US 10 year bond yield jumped more than 6% and hits 7- year high at 3.129%. US...
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