Mar 19, 2018 10:58 am UTC| Technicals
EURUSD minor trend has been drifting in sideways today, while the upswings restrained below 7DMAs, more slumps on cards as shooting star appeared at 1.2410 levels signals weakness in this pair. The trend continues...
FxWirePro: GBPUSD trades above 1.400, jump till 1.4140 likely
Mar 19, 2018 10:25 am UTC| Technicals
Cable has shown a good recovery after hitting low of 1.3889 on Friday. The pair has broken major trend line resistance at 1.39760 and jump almost 30 pips from that level.US dollar pared all its gain made today morning and...
FxWirePro: Buy USD/CHF above 0.9550
Mar 19, 2018 09:13 am UTC| Technicals
USD/CHF has shown a good recovery after hitting low of 0.9425. The pair jumped till 0.95515 at the time of writing. It is currently trading around 0.95364. US economic calendar is quite light today and market eyes...
FxWirePro: GBP/JPY trades well below 200 –day MA, dip till 145 likely
Mar 19, 2018 07:31 am UTC| Technicals
GBP/JPY is continuing its fourth day of weakness after forming a temporary top around 149.38. The yen was trading higher against all majors as safe haven demand increased on account of G20 meeting to be started on Monday...
FxWirePro: USD/ZAR hits fresh 4-week high at 12.04 mark, stay bullish
Mar 19, 2018 07:29 am UTC| Technicals
USD/ZAR is currently trading around 12.03 levels. It made intraday high at 12.04 and low at 11.94 levels. Intraday bias remains bullish till the time pair holds key support at 11.87 mark. A daily close...
FxWirePro: Gold trades weak on strong US dollar, good to sell on rallies
Mar 19, 2018 07:12 am UTC| Technicals
Gold declined almost $9 in previous week. The yellow metal was trading flat and market eyes US fed monetary policy for further direction. The main reason for decline is stronger US dollar due to better than expected US...
FxWirePro: USD/INR jumps above 65.00 mark, good to buy on dips
Mar 19, 2018 06:44 am UTC| Technicals
USD/INR is currently trading around 65.04 marks. It made intraday high at 65.09 and low at 64.98 marks. Intraday bias remains bullish till the time pair holds key support at 64.80 mark. Key resistances are...
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