
Jun 05, 2019 06:41 am UTC| Technicals
USD/INR is currently trading around 69.32 marks. It made intraday high at 69.34 and low at 68.22 marks. Intraday bias remains neutral for the moment. Key resistances are seen at 69.52, 69.85, 70.20, 70.52,...

FxWirePro: US dollar index breaks major support 97, dip till 95.93 likely
Jun 05, 2019 06:28 am UTC| Technicals
Major support- 97 US dollar index has broken major support 97 after a long consolidation. Yesterday index hits low of 97 and shown a minor jump till 97.35.Overall trend is weak and lost more than 120 pips in past 3...

FxWirePro: GBPJPY faces strong trend line resistance around 137.55, any break above targets 138.15
Jun 05, 2019 06:07 am UTC| Technicals
Ichimoku Analysis (hourly chart) Tenken-Sen- 137.38 Kijun-Sen- 137.09 As per our yesterday analysis GBPJPY has shown a minor jump till 137.53 after breaking 137.29 high made on May 31st. The pair has...

FxWirePro: Gold trades higher on Fed rate cut hopes,good to buy on dips
Jun 05, 2019 05:38 am UTC| Technicals
US Dollar Index -Trend negative. US Dollar index is trading lower and any break below 97 level confirms major weakness. It will take the index down till 96.75/96.43. US 10 year yield- Overall trend negative. It has...

FxWirePro: USD/THB remains well supported below 31.50 mark, upside limited
Jun 05, 2019 05:38 am UTC| Technicals
USD/THB is currently trading around 31.40 marks. It made intraday high at 31.49 and low at 31.30 marks. Intraday bias remains bearish till the time pair holds key resistance at 31.70 marks. On the top side,...

FxWirePro: Singapore dollar rises gradually against U.S. dollar, stay bearish
Jun 05, 2019 03:57 am UTC| Technicals
USD/SGD is currently trading around 1.3648 marks. It made intraday high at 1.3665 and low at 1.3641 levels. Intraday bias remains bearish for the moment. A daily close above 1.3663 will test key resistances...

FxWirePro: Nikkei recovers sharply following footsteps of Wall Street, good to buy on dips
Jun 05, 2019 03:33 am UTC| Technicals
Nikkei has halted its 1-week of downtrend after Fed Chairman Powell more dovish comments yesterday.Fed Chairman Powell said that central bank prepared to take necessary action to save US economy. US stock markets jumped...