FxWirePro: XAG/USD remains well supported below $17.40 mark, bias remains bearish
Feb 01, 2018 08:47 am UTC| Technicals
XAG/USD is currently trading around $17.23 marks. It made intraday high at $17.37 and low at $17.18 levels. Intraday bias remains bearish till the time pair holds key resistance at $17.37 mark. A daily close...
FxWirePro: "Bullish Bat" pattern formed on USD/JPY, good to go long on dips
Feb 01, 2018 08:21 am UTC| Technicals
USD/JPY has completed a Bullish Bat pattern, scope for further upside seen. US dollar strengthened post FOMC meeting. Fed said they expect economic conditions to evolve in a manner that will warrant further rate...
FxWirePro: USD/ZAR trades in rigid boundaries, bias remains neutral
Feb 01, 2018 07:26 am UTC| Technicals
USD/ZAR is currently trading around 11.88 levels. It made intraday high at 11.90 and low at 11.82 levels. Intraday bias remains neutral for the movement. A daily close above 11.95 will take the parity...
FxWirePro: USD/ZAR trades in rigid boundaries, bias remains neutral
Feb 01, 2018 07:26 am UTC| Technicals
USD/ZAR is currently trading around 11.88 levels. It made intraday high at 11.90 and low at 11.82 levels. Intraday bias remains neutral for the movement. A daily close above 11.95 will take the parity...
FxWirePro: USD/INR surprisingly spikes up as India’s FM announces budget for 2018/19
Feb 01, 2018 07:02 am UTC| Technicals
USD/INR is currently trading around 63.83 marks. It made intraday high at 64.00 and low at 63.53 marks. Intraday bias remains bearish till the time pair holds key resistance at 63.82 mark. Key resistances...
FxWirePro: Gold trades higher after FOMC meeting, good to buy on dips
Feb 01, 2018 06:51 am UTC| Technicals
Gold has shown a good jump yesterday after FOMC meeting. The yellow metal has shown a jump of almost $15 from the low of $1332. US dollar index is still consolidation after making a high of 89.64. Gold is currently trading...
FxWirePro: AUD/USD declines for 4th straight session, breaks below 5-DMA, bias lower
Feb 01, 2018 06:13 am UTC| Technicals
AUD/USD accelerated decline on Wednesday on bullish FOMC outcome, slipped below 5-DMA support. Dollar strengthened as Fed said they expect economic conditions to evolve in a manner that will warrant further rate...
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