FxWirePro: NZDJPY hovers around channel base at 76.30, decisive break below to see further downside
Mar 05, 2018 06:40 am UTC| Technicals
NZD/JPY opens with a bearish gap and is currently trading 0.47% lower on the day at around 76.16 levels. Downside is holding just above the 0.76 handle and price action is currently hovering around channel base...
FxWirePro: Gold trades higher on safe haven demand, good to buy on dips
Mar 05, 2018 06:26 am UTC| Technicals
Gold has shown a good recovery from the low of $1302.65 made on Mar 1st 2018. The yellow metal jump was supported by slight weakness in US dollar and jump in Volatility index. US dollar has declined sharply almost more...
FxWirePro: Gold trades higher on safe haven demand, good to buy on dips
Mar 05, 2018 06:26 am UTC| Technicals
Gold has shown a good recovery from the low of $1302.65 made on Mar 1st 2018. The yellow metal jump was supported by slight weakness in US dollar and jump in Volatility index. US dollar has declined sharply almost more...
FxWirePro: Go long on XAG/USD around $16.52 with stop loss at $16.48 and target of $16.75
Mar 05, 2018 06:23 am UTC| Technicals
XAG/USD is currently trading around $16.55 marks. It made intraday high at $16.58 and low at $16.39 levels. Intraday bias remains bullish till the time pair holds key support at $16.37 mark. A daily close...
FxWirePro: NZD/USD capped below 23.6% Fib, break below 200-DMA to see further weakness
Mar 05, 2018 05:58 am UTC| Technicals
NZD/USD recovery capped below 23.6% Fib retrace of 0.6780 to 0.7435 rally at 0.7281. The pair is trading 0.27% lower on the day at 0.7220. Price action has dipped into daily cloud, bias bearish. 200-DMA is strong...
FxWirePro: DAX30 faces strong support at 11800, major weakness can be seen below that level
Mar 05, 2018 05:48 am UTC| Technicals
DAX index shown a huge minor sell off yesterday and hits low of 11875 and closed at 12000 0.54% lower. US markets has shown a minor recovery from the low Dow (0.70% lower) and SP500 (0.5% higher). SP500 futures continuing...
FxWirePro: Indian rupee rises sharply against U.S. dollar, intraday bias remains bearish
Mar 05, 2018 05:26 am UTC| Technicals
USD/INR is currently trading around 65.06 marks. It made intraday high at 65.20 and low at 64.95 marks. Intraday bias remains bearish till the time pair holds key resistance at 65.20 mark. Key resistances...
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