FxWirePro: USD/INR hits fresh 5-week low at 64.60 mark, faces strong resistance at 64.78 mark
Mar 27, 2018 08:17 am UTC| Technicals
USD/INR is currently trading around 64.75 marks. It made intraday high at 64.78 and low at 64.60 marks. Intraday bias remains slightly bearish till the time pair holds key resistance at 64.78 mark. Key...
Mar 27, 2018 08:17 am UTC| Technicals
FxWirePro Currency Strength Index for EUR/CHF: Bias Bullish FxWirePros Hourly EUR Spot Index was at 108.509 (Bullish) FxWirePros Hourly CHF Spot Index was at -31.2821 (Neutral) Technical Analysis: Bias...
FxWirePro: GBP/JPY struggles to close above 150, good to sell on rallies
Mar 27, 2018 08:13 am UTC| Technicals
GBP/JPY declined more than 70 pips in the Asian session on account sudden decline in GBP due to profit booking. Yen declined yesterday more than 100 pips as US China trade war tension eases. The pair hits high of 150.50...
Mar 27, 2018 08:13 am UTC| Technicals
Chart and candlestick patterns occurred: Minor trend forms hammer and bullish engulfing patterns. The intermediate trend has been spiking through rising wedge pattern which is bullish in nature. Hammer occurred at...
FxWirePro: Gold trades higher on weak US dollar, good to buy on dips
Mar 27, 2018 07:09 am UTC| Technicals
Gold has shown a good jump almost more than $10 on account of weak US dollar. The yellow metal hits high of $1356.76 and is currently trading around $1355.90. US dollar index was trading weak and has broken major...
FxWirePro: DAX30 recovers on positive global cues, good to buy on dips
Mar 27, 2018 06:37 am UTC| Technicals
DAX index recovered almost more than 250 points from the low of 11705 as trade tension eases. US markets gained sharply almost more than 2.5% largest percentage gain since 2015. The main reason for the recovery is that US...
FxWirePro: EUR/AUD extends 'Symmetric Triangle, breakout, eyes 88.6% Fib at 1.6248
Mar 27, 2018 06:27 am UTC| Technicals
EUR/AUD is extending breakout above Symmetric Triangle pattern and we see scope for further upside. Technical indicators on weekly charts support upside in the pair. RSI strong around 70 levels and momentum studies...
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects