FxWirePro: USD/CNY trades in narrow range despite China’s robust house price data
Mar 19, 2018 02:36 am UTC| Technicals
USD/CNY is currently trading around 6.3330 marks. It made intraday high at 6.3365 and low at 6.3299 levels. Intraday bias remains neutral till the time pair holds key support at 6.3299 marks. A sustained...
Mar 19, 2018 01:20 am UTC| Technicals
EUR/KRW is currently trading around 1,311 mark. Pair made intraday high at 1,313 and low at 1,311 levels. Intraday bias remains bearish till the time pair holds immediate resistance at 1,314 mark. A...
FxWirePro: Japanese yen trades almost flat after trade balance data
Mar 19, 2018 01:07 am UTC| Technicals
USD/JPY is currently trading around 105.90 marks. It made intraday high at 106.15 and low at 105.87 levels. Intraday bias remains neutral for the moment. A daily close above 105.95 will take the parity...
Mar 16, 2018 12:23 pm UTC| Technicals
Cable is trading narrow channel for the past two trading session. The pair declined almost 83 pips from the high of 1.39957 made on Mar 14th 2018. The reason for decline was mainly due to increasing political tensions...
FxWirePro: GBP/JPY trades slightly below 200 –day MA, dip till 146.70 likely
Mar 16, 2018 12:21 pm UTC| Technicals
GBP/JPY is continuing its third day of weakness after forming a temporary top around 149.37. The yen was trading higher against all majors as safe haven demand increased on account of US trade war. The pair hits intraday...
FxWirePro: USD/CHF faces strong resistance at 0.9550, good to buy on dips
Mar 16, 2018 12:04 pm UTC| Technicals
USD/CHF has shown a good recovery after hitting low of 0.9425. The pair jumped till 0.9520 yesterday slightly near to the high of 0.95345 (Mar 9th 2018 high). It is currently trading around 0.94965. US economic data...
Mar 16, 2018 11:54 am UTC| Technicals
Chart and candlestick patterns: Frequent occurrence of bullish engulfing patterns pop up at 1.2963 and 1.3087 levels and these bullish patterns prop up rallies well above DMAs and EMAs. In this process of upswings, the...
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