FxWirePro: EUR/CAD finds stiff resistance at 200-DMA (1.52), upside only on break above
May 18, 2018 06:30 am UTC| Technicals
EUR/CAD edges higher after forming a Doji at lows on Thursdays trade. The pair is trading 0.23% higher on the day, but upside seems to lack traction. The pair finds stiff resistance at 200-DMA at 1.52 and we see...
FxWirePro: USD/INR back above 68.00 mark, stay bullish
May 18, 2018 06:19 am UTC| Technicals
USD/INR is currently trading around 68.01 marks. It made intraday high at 68.12 and low at 67.77 marks. Intraday bias remains bullish till the time pair holds key support at 67.50 mark. Key resistances are...
FxWirePro: Nikkei trades steady, markets eye US- China trade talks
May 18, 2018 06:00 am UTC| Technicals
Asian markets are trading flat as market eyes US-China trade talks in U.S markets yesterday. US and China launch a second round of trade talks on Thursday to avert trade tariff war. Trump admin sought $200 billion...
May 18, 2018 05:55 am UTC| Technicals
FxWirePro Currency Strength Index for NZD/CHF: Bias Bearish FxWirePros Hourly NZD Spot Index was at -95.4927 (Bearish) FxWirePros Hourly CHF Spot Index was at 67.48 (Neutral) Technical Analysis: Bias Bearish - Upside...
FxWirePro: AUD/NZD on track to test 61.8% Fib at 1.0984, weakness only below 200-DMA
May 18, 2018 05:00 am UTC| Technicals
AUD/NZD holds above 200-DMA, is on track to 61.8% Fib at 1.0984. Price action has shown a breakout of Symmetric Triangle pattern and we see scope for further upside. Technical indicators support gains in the...
FxWirePro: USD/TWD trades in narrow range, stay bullish only above 30.02 mark
May 18, 2018 04:20 am UTC| Technicals
USD/TWD is currently trading around 29.89 marks. It made intraday high at 29.94 and low at 29.89 marks. Intraday bias remains neutral till the time pair holds key resistance at 30.02 mark. A daily close...
FxWirePro: USD/JPY breaks major trendline resistance at 110.50, tests 111 handle, bias higher
May 18, 2018 03:49 am UTC| Technicals
USD/JPY hits 111 handle, the highest level since Jan. 23, bias bullish. US dollar bull trend remains intact while the yields keep pushing higher. Improved risk-on seen after China said it is willing to work with U.S....
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