FxWirePro: Chinese yuan continues to trade flat, PBOC sets yuan mid-point at 6.3193 per U.S. dollar
Mar 26, 2018 07:13 am UTC| Technicals
USD/CNY is currently trading around 6.3087 marks. It made intraday high at 6.3159 and low at 6.3072 levels. Intraday bias remains neutral till the time pair holds key support at 6.3110 marks. A sustained...
Mar 26, 2018 06:43 am UTC| Technicals Insights & Views
Chart and candlestick pattern formed- Bearish RSI divergence, shooting stars at 130.417 on daily terms and 132.336 levels on monthly terms. Hanging man patterns at 135.157 and 135.523 levels on the monthly chart, bearish...
FxWirePro: Gold forms Bearish Gartley Pattern, good to sell on rallies
Mar 26, 2018 06:42 am UTC| Technicals
Harmonic pattern formed Bearish Gartley pattern. Potential Reversal Zone (PRZ) - $1361. Gold has shown a good jump in previous week almost more than $40 on account of increasing safe haven demand due to trade...
FxWirePro: USD/INR slips below 65.00 mark, consistent close below 64.94 targets 64.48 mark
Mar 26, 2018 06:14 am UTC| Technicals
USD/INR is currently trading around 65.95 marks. It made intraday high at 65.09 and low at 64.94 marks. Intraday bias remains bearish till the time pair holds key resistance at 65.22 mark. Key resistances...
FxWirePro: AUD/NZD finds major trendline support at 1.0615, good to go short on break below
Mar 26, 2018 06:04 am UTC| Technicals
AUD/NZD trades 0.06% lower on the day, extending downside after rejection at 20-DMA. China-US heat-up in tariff threats keeps risk sentiment dented weighing on the antipodeans. Technical indicators are biased...
FxWirePro: DAX30 trades well below 12000 level, good to sell on rallies
Mar 26, 2018 05:48 am UTC| Technicals
DAX index is trading weak continuously for three consecutive days on account of trade war fears and declined sharply more than 1.5% yesterday. The index has closed at 11792 well below 12000 level. US markets tumbled...
Mar 26, 2018 05:38 am UTC| Technicals
AUD/USD holds on to gains as we head into the European session, hovers around 5-DMA at 0.7711. The pair is holding above strong trendline support at 0.7685, we see weakness only on break below. Technical...
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