FxWirePro: USD/CAD downside capped by 7- day MA, market eyes BOC
Mar 07, 2018 08:56 am UTC| Technicals
USD/CAD declined more than 100 pips yesterday on account of profit booking. The pair hits fresh 2018 high at 1.300. The pair down almost 0.80% this month following 4.85% in previous month. Trumps tariff card in NAFTA...
FxWirePro: Gold trades higher on Gary Cohn resignation, good to buy on dips
Mar 07, 2018 08:55 am UTC| Technicals
Gold has shown a good jump yesterday from the low of $1320.39. The yellow metal jump was supported by declining US dollar index after President Trumps economic advisor Gary Cohn resigned. US dollar has declined sharply...
FxWirePro: Gold trades higher on Gary Cohn resignation, good to buy on dips
Mar 07, 2018 08:55 am UTC| Technicals
Gold has shown a good jump yesterday from the low of $1320.39. The yellow metal jump was supported by declining US dollar index after President Trumps economic advisor Gary Cohn resigned. US dollar has declined sharply...
FxWirePro: Silver erases previous gain against U.S. dollar, downside limited
Mar 07, 2018 08:19 am UTC| Technicals
XAG/USD is currently trading around $16.65 marks. It made intraday high at $16.81 and low at $16.63 levels. Intraday bias remains bearish for the moment. A daily close above $16.75 will test key resistances...
FxWirePro: USD/ZAR trades in narrow range, South Africa’s business confidence index data in focus
Mar 07, 2018 07:29 am UTC| Technicals
USD/ZAR is currently trading around 11.82 levels. It made intraday high at 11.85 and low at 11.75 levels. Intraday bias remains neutral till the time pair holds key support at 11.70 mark. A daily close...
FxWirePro: EUR/JPY upside capped at 20-DMA, retraces below 200-DMA at 131.38
Mar 07, 2018 07:00 am UTC| Technicals
EUR/JPY upside capped below 20-DMA at 132.01 on Tuesdays trade. The pair is trading 0.31% lower on the day at 131.21 levels, bias is bearish. Price has failed to hold break above 200-DMA at 131.35, remains capped...
FxWirePro: Chinese yuan trades marginally lower, PBOC sets yuan mid-point at 6.3294 per U.S. dollar
Mar 07, 2018 06:38 am UTC| Technicals
USD/CNY is currently trading around 6.3212 marks. It made intraday high at 6.3302 and low at 6.3102 levels. Intraday bias remains slightly bullish till the time pair holds key support at 6.3092 mark. A...
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