
FxWirePro: Silver falls gradually against U.S. dollar, U.S. NFP job data in focus
May 03, 2019 02:11 am UTC| Technicals
XAG/USD is currently trading around $14.58 marks. It made intraday high at $14.62 and low at $14.57 levels. Intraday bias remains bearish till the time pair holds key resistance at $14.70 mark. A daily close...

FxWirePro: EUR/KRW remains well supported above 1,300 mark, good to buy on dips
May 03, 2019 01:15 am UTC| Technicals
EUR/KRW is currently trading around 1,305 mark. It made intraday high at 1,305 and low at 1,302 levels. Intraday bias remains bullish till the time pair holds key support at 1,302 mark. A sustained close...

FxWirePro: Sell CADJPY on rallies
May 02, 2019 13:07 pm UTC| Technicals
CADJPY has shown a minor recovery after more than 150 pips decline from high of 84.35. It hits low of 82.55 and jumped till 83.36. Overall trend is weak as long as resistance 84.40 holds. The decline was due to broad based...

FxWirePro: US Dollar index faces strong support at 55- day EMA, good to buy on dips
May 02, 2019 12:10 pm UTC| Technicals
Major trend line resistance - 98.55 DXY has halted its 4 days of losing streak and shown a jump of more than 50 pips from low of 97.15. The jump happened after Fed monetary policy. The central bank has kept its...

FxWirePro : GBPJPY upside capped by 61.8% fib, any break above targets 147
May 02, 2019 09:19 am UTC| Technicals
As per our analysis GBPJPY recovered sharply and jumped more than 150 pips in past tow trading days.The jump was mainly due to sudden surge in GBP against USD and jumped nearly 200 pips from low of 1.29052.UK manufacturing...

FxWirePro: USDCAD Short term outlook (jump till 1.3660 likely)
May 02, 2019 08:16 am UTC| Technicals
USDCAD hits year low of 1.30685 on Feb 1st2019 and shown a sharp recovery of more than 450 pips. The jump was due to weak Canadian economic data and broad based US dollar buying. Crude oil has jumped more than 50% this...

USDCHF bounces back from previous resistance, jump till 1.02500 likely
May 02, 2019 06:50 am UTC| Technicals
USDCHF has recovered sharply from low of 1.01250 and jumped more than 50 pips. The pair was trading weak for past 1-week and lost more than 100 pips from high 1.02369 highest level since Apr 2017. Fed has kept its rates...