FxWirePro: USD/CNY hovers around 6.30 mark, PBOC sets yuan mid-point at 6.3001
Feb 12, 2018 06:22 am UTC| Technicals
USD/CNY is currently trading around 6.3070 marks. It made intraday high at 6.3075 and low at 6.2849 levels. Intraday bias remains slightly bullish till the time pair holds key support at 6.2800 mark. A...
FxWirePro: Gold trades higher on Global Equity turmoil, good to buy on dips
Feb 12, 2018 06:02 am UTC| Technicals
Gold has been highly volatile for the past two trading session. The yellow metal formed a minor bottom at $1306.56. The commodity jumped till $1326.50 at the time of writing. It is current trading around $1323.52. The...
FxWirePro: AUD/JPY consolidates break below major trendline support, bias lower, stay short
Feb 12, 2018 05:44 am UTC| Technicals
AUD/JPY is consolidating break below major trendline support at 85.50, bias still lower. The pair is trading in a narrow range, we see doji formation which suggests some indecision. Downside has held above 84...
FxWirePro: Indian rupee trades marginally lower against U.S. dollar, India’s CPI data in focus
Feb 12, 2018 05:33 am UTC| Technicals
USD/INR is currently trading around 64.31 marks. It made intraday high at 64.38 and low at 64.24 marks. Intraday bias remains neutral till the time pair holds key support at 64.24 mark. Key resistances are...
FxWirePro: DAX30 faces strong support at 11800, good to buy on dips
Feb 12, 2018 05:12 am UTC| Technicals
DAX index hits low of 11905 and shown a minor jump from that level. The index is expected to show a good recovery as SP500 and Dow Jones formed a minor bottom and shown a good recovery. Dow and SP futures continuing its...
FxWirePro: DAX30 faces strong support at 11800, good to buy on dips
Feb 12, 2018 05:12 am UTC| Technicals
DAX index hits low of 11905 and shown a minor jump from that level. The index is expected to show a good recovery as SP500 and Dow Jones formed a minor bottom and shown a good recovery. Dow and SP futures continuing its...
FxWirePro: NZD/USD fails at 55-EMA, break above 20-DMA at 0.7306 could see further upside
Feb 12, 2018 04:44 am UTC| Technicals
NZD/USD edges higher from fresh 4-week lows below 0.72 handle, holds above 55-EMA (0.7175). The pair has retraced above 5-DMA and is currently trading at 0.7273, up 0.27% on the day. Upside now finds stiff...
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