FxWirePro: Aussie strengthens against major peers on robust employment data
May 17, 2018 02:11 am UTC| Technicals
AUD/NZD is currently trading around 1.0900 marks. Pair made intraday high at 1.0907 and low at 1.0881 marks. Intraday bias remains slightly bullish till the time pair holds key support at 1.0850 mark. A...
FxWirePro: Japanese yen remains unchanged despite lower than expected core machinery orders data
May 17, 2018 01:43 am UTC| Technicals
USD/JPY is currently trading around 110.33 marks. It made intraday high at 110.40 and low at 110.26 levels. Intraday bias remains neutral till the time pair holds key resistance at 110.40 mark. A daily close...
May 16, 2018 12:54 pm UTC| Technicals
EURUSD continuing its weakness for 3rd consecutive day and broken major support 1.1800. the pair hits fresh 2018 low at 1.17950 at the time of writing. The pair weakness was mainly due to rising US 10 year bond yield. The...
FxWirePro: Hedge USD/TRY exposures on CBT’s potential rate hike
May 16, 2018 12:54 pm UTC| Research & Analysis Central Banks Insights & Views Technicals
With USDTRY punching through the 4.40 level yesterday but for today the failure swings are observed, as a result, shooting star candle pattern is most likely. Moving forward, we are one step closer to CBT having to use an...
FxWirePro: EOS/USD trades weak, good to sell on rallies
May 16, 2018 12:49 pm UTC| Technicals
EOS/USD has lost more than 15% in the past 24 hour from high of $14.40 level. It hits low of $11.84 almost 48% on May 16th 2018 from the all-time high of $23.02. EOS has released EOS Dawn 3.0 in form of test net and EOS...
FxWirePro: LTCUSD upside capped by 55- day EMA, good to sell on rallies
May 16, 2018 12:22 pm UTC| Technicals
LTC/USD is continuing its weakness for second consecutive week. The pair shown a minor recovery till 153.01 and started to decline. It is currently trading around 139.40. The slight jump in this pair has been using as...
May 16, 2018 11:40 am UTC| Technicals Research & Analysis Insights & Views
GBPJPY has been spiking above 7DMA but not more than 21EMAs in the consolidation phase of the major declining trend. However, one month has been enough to wipe-off previous 5-months rallies (refer monthly plotting for...
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