FxWirePro: XRP/USD Daily Outlook
Mar 20, 2018 12:50 pm UTC| Technicals
Major Support -0.6200 Ripple is continuing its weakness for the past 9 days after hitting high 1.0860 level. The pair has broken major support 0.6700 and declined at 0.53670 and is currently trading around...
Mar 20, 2018 12:21 pm UTC| Technicals
USDCAD is showing minor weakness after hitting high of 1.31246 yesterday. The pair has jumped almost more than 300 pips in this month. The main reason for decline in Canadian dollar was due to weak economic data and policy...
FxWirePro: EUR/USD trades lower on weak German IFO data, good to sell on rallies
Mar 20, 2018 12:17 pm UTC| Technicals
EUR/USD pared its gain made yesterday after weaker than expected German IFO data. Euro declined almost 60 pips form the todays high of 1.23543. It is currently trading around 1.22893. German ZEW economic sentiment...
Mar 20, 2018 11:30 am UTC| Technicals
The minor trend of GBPAUD was stuck in the range between 1.7930 and 1.7595 levels, but for now, after testing strong supports at range baseline, rallies spike sharply above DMAs with bullish crossover and managed to...
FxWirePro: GBPUSD trades lower on weak UK CPI data, good to buy on dips
Mar 20, 2018 10:44 am UTC| Technicals
Cable has shown a minor dip after release of UK CPI data. The pair declined 30 pips on account of weaker than expected UK CPI data.US dollar pared some of its losses made yesterday. Market eyes fed FOMC meeting tomorrow...
FxWirePro: Sell USDCAD below 1.3050
Mar 20, 2018 09:29 am UTC| Technicals
USDCAD is showing minor weakness after hitting high of 1.31246 yesterday. The pair has jumped almost more than 300 pips in this month. The main reason for decline in Canadian dollar was due to weak economic data and policy...
FxWirePro: USD/ZAR hovers around 12.00 mark, South Africa’s CPI data in focus
Mar 20, 2018 07:46 am UTC| Technicals
USD/ZAR is currently trading around 11.99 levels. It made intraday high at 12.04 and low at 11.97 levels. Intraday bias remains neutral till the time pair holds key resistance at 12.02 mark. A daily close...
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