Gold: Key levels to watch (US Session)
Jun 25, 2019 12:52 pm UTC| Technicals
Gold has lost more than $20 from 6 year high $1440 made today on account of profit booking. The Fed rate cut hopes and escalation of geopolitical tension in the Middle East has increased demand for Safe-Haven assets and...

FxWirePro: FTSE100 downside capped by 23.6% fib, good to buy on dips
Jun 25, 2019 12:29 pm UTC| Technicals
Major support - 7377 (23.6% fib) FTSE100 is in a consolidation phase for the past 5 days and is trading between 7468 and 7379. The index has formed a minor bottom around 7079 on Jun 3rd and jumped more than 5% on...

S&P500: Shooting star and Bearish divergence
Jun 25, 2019 11:51 am UTC| Technicals
Candlestick pattern- Shooting star Bearish divergence (CCI) SP500 has halted its 15-day bullishness and shown a minor decline. The index hits all-time high and jumped more than 200 points from low of 2728...

Jun 25, 2019 10:02 am UTC| Technicals
Trend line support- 0.96900 (trend line joining 1.0050 and 0.9853) USDCHF has halted its 2-months of losing streak and pair has lost more than 500 pips from its high. The decline was mainly due to broad-based S...

FxWirePro: XAG/USD moves in stiff boundaries, sustained close above $15.42 requires for upside rally
Jun 25, 2019 08:38 am UTC| Technicals
XAG/USD is currently trading around $15.42 marks. It made intraday high at $15.49 and low at $15.33 levels. Intraday bias remains neutral for the moment. A daily close above $15.42 will test key resistances...

FxWirePro: GBPJPY upside capped by 20-day MA, any break above targets 138.30
Jun 25, 2019 08:34 am UTC| Technicals
Major resistance - 137.20 (20- day MA) GBPJPY is consolidating in the narrow range between 137.179 and 135.94 in the past four days. Yesterday it was showing minor weakness till 136.14 and shown a recovery. The jump...

Jun 25, 2019 07:59 am UTC| Technicals
Majority of the Kiwis currency pairs are attempting to show some rallies ahead of RBNZ monetary policy. So is the case withNZDJPYas well. But, please be noted that bearish engulfing pattern pops-up at trendline...