FxWirePro: XAG/USD hovers around key resistance at $17.22 mark, U.S. ADP job data in focus
Jan 31, 2018 07:07 am UTC| Technicals
XAG/USD is currently trading around $17.18 marks. It made intraday high at $17.21 and low at $17.07 levels. Intraday bias remains bullish till the time pair holds key support at $17.02 mark. A daily close...
FxWirePro: NZD/USD resumes upside after brief consolidation, eyes 0.7435, good to long dips
Jan 31, 2018 06:42 am UTC| Technicals
NZD/USD pauses at minor trendline resistance at 0.7393, intraday bias higher. The pair was extending consolidation after hitting 4-month market high of 0.7436 last week. Price action has now resumed upside as...
Jan 31, 2018 06:32 am UTC| Technicals
Bears on verge of extending double top with top 1 at 89.089 top 2 at 89.071, as a result, current prices are sliding below DMAs. For now, more slumps seem to be on cards upon bearish DMA crossover, both leading ...
FxWirePro: USD/INR fails to find support above 63.82 mark, bias remains slightly bearish
Jan 31, 2018 06:26 am UTC| Technicals
USD/INR is currently trading around 63.71 marks. It made intraday high at 63.81 and low at 63.64 marks. Intraday bias remains slightly bearish till the time pair holds key resistance at 63.82 mark. Key...
FxWirePro: Gold downside capped by 20- day MA, break below confirms further weakness
Jan 31, 2018 06:21 am UTC| Technicals
Gold was shown a see- saw ride yesterday. The yellow metal has shown a jump of almost $13 and shown good selling from the yesterday high. US dollar index has declined till 88.91 after high of 89.64. Gold is currently...
FxWirePro: Gold downside capped by 20- day MA, break below confirms further weakness
Jan 31, 2018 06:21 am UTC| Technicals
Gold was shown a see- saw ride yesterday. The yellow metal has shown a jump of almost $13 and shown good selling from the yesterday high. US dollar index has declined till 88.91 after high of 89.64. Gold is currently...
FxWirePro: AUD/CHF slips below daily cloud, momentum bearish, short break below 0.7515
Jan 31, 2018 05:49 am UTC| Technicals
AUD/CHF down 0.21% on the day, trades around 0.7533 levels, bias lower. Price action has dipped below daily Ichi cloud and 38.2% Fibo at 0.7548. Momentum studies are bearish, stochs are sharply lower. RSI...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Why Germany ditched nuclear before coal – and why it won’t go back
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight