FxWirePro: XAG/USD trades in narrow range, upside limited
Mar 20, 2018 07:25 am UTC| Technicals
XAG/USD is currently trading around $16.30 marks. It made intraday high at $16.33 and low at $16.27 levels. Intraday bias remains neutral for the moment. A daily close above $16.30 will test key resistances...
FxWirePro: GBP/JPY trades higher on Brexit deal, good to buy on dips
Mar 20, 2018 07:14 am UTC| Technicals
GBP/JPY jumped sharply yesterday almost 200 pips yesterday on account of Brexit deal. The pair hits high of 149.68. The GBP was trading higher against all majors as UK and EU agreed on Brexit transition deal. The pair...
FxWirePro: Gold recovers slightly from low of $1308, market eyes US Fed meeting
Mar 20, 2018 06:44 am UTC| Technicals
Gold declined almost $10 from yesterdays low of $1307.70. The yellow metal was trading flat after a minor recovery till $1319.48 and market eyes US fed monetary policy for further direction. The main reason for recovery is...
Mar 20, 2018 06:17 am UTC| Technicals Insights & Views
The minor trend of cable (GBPUSD) has broken out sloping channel resistance. Upswings are again restrained below one more stiff resistance at 1.4068 levels yesterday. While Hammer pattern occurs at channel support to...
FxWirePro: DAX30 trades weak on weak US markets, good to buy on dips
Mar 20, 2018 06:08 am UTC| Technicals
DAX index was trading weak yesterday and declined almost more than 200 points yesterday and closed at 12248 1.2% lower. US markets was trading extremely weak yesterday with NASDAQ declined more than 1.5% worst fall in 6...
FxWirePro: USD/CNY exhibits range bound movement, PBOC sets yuan mid-point at 6.3246 per U.S. dollar
Mar 20, 2018 06:03 am UTC| Technicals
USD/CNY is currently trading around 6.3297 marks. It made intraday high at 6.3298 and low at 6.3243 levels. Intraday bias remains till the time pair holds key support at 6.3299 marks. A sustained close above...
Mar 20, 2018 05:26 am UTC| Technicals
USD/INR is currently trading around 65.26 marks. It made intraday high at 65.32 and low at 64.22 marks. Intraday bias remains neutral till the time pair holds key resistance at 65.36 mark. Key resistances...
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