FxWirePro: GBP/USD trades flat, market eyes UK 2018 budget
Nov 22, 2017 12:05 pm UTC| Technicals
Cable hits 1- ½ month high at 1.32794 after UK is expected to increase Brexit bill figure. The news is that U.K is set to increase its divorce settlement offer to EU. Market awaits UK Autumn forecast statement on...
FxWirePro: Spot out EUR/GBP’s oversold pressures and bid longs via call spread
Nov 22, 2017 11:48 am UTC| Research & Analysis Technicals
Prices are consolidating around the midpoint of the current 0.87300.9025 range. Intra-day studies remain a little oversold, warning the downside is limited in the near term. We are watching the cross in conjunction with...
FxWirePro: Spot out EUR/GBP’s oversold pressures and bid longs via call spread
Nov 22, 2017 11:48 am UTC| Research & Analysis Technicals
Prices are consolidating around the midpoint of the current 0.87300.9025 range. Intra-day studies remain a little oversold, warning the downside is limited in the near term. We are watching the cross in conjunction with...
Nov 22, 2017 11:39 am UTC| Technicals
EUR/USD has recovered after a decline till 1.17133 yesterday as German political uncertainty slightly eases and investors expect that agreement will likely to be reached. This shows that political deadlock in Germany will...
FxWirePro: AUD/JPY resumes downside, slips below 61.8% Fib, stay short for 78.6% Fib at 83.37
Nov 22, 2017 11:02 am UTC| Technicals
AUD/JPY halts two straight sessions of gains, resumes downside. The pair has slipped below 61.8% Fib at 84.85, bias is bearish. The major is extending grind after break below 200-DMA which is currently major...
FxWirePro: Copper edges above 20-DMA at 3.1032, bias higher, stay long
Nov 22, 2017 10:43 am UTC| Technicals
Copper trades largely unchanged at 3.124 levels, slips lower from session highs at 1.143. Daily cloud offers strong support at 3.0866, we see weakness only on break below. Price action edges higher along rising...
FxWirePro: EUR/USD trades above 100- day MA, good to buy on dips
Nov 22, 2017 10:01 am UTC| Technicals
EUR/USD has recovered after a decline till 1.17133 yesterday as German political uncertainty slightly eases and investors expect that agreement will likely to be reached. This shows that political deadlock in Germany will...
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