FxWirePro: Gold trades flat, market eyes US Fed minutes for further direction
Nov 22, 2017 06:08 am UTC| Technicals
Gold has shown a minor jump till $1284 after a massive selling on Nov 20th 2017 on account of slight weakness in US dollar and Europe political uncertainty. The yellow metal declined almost $20 from the previous week high...
FxWirePro: EUR/JPY finds strong support at 100-DMA at 131.28, break below to see further weakness
Nov 22, 2017 05:47 am UTC| Technicals
German political developments keep downside pressure on the single currency. Euro dented further by dovish comments by the ECB President Mario Draghi. EUR/JPY down 0.15% on the day, trade around 131.76 after...
FxWirePro: USD/INR hits fresh 2-week low at 64.69 mark, stay bearish
Nov 22, 2017 05:36 am UTC| Technicals
USD/INR is currently trading around 64.75 marks. It made intraday high at 65.83 and low at 64.69 marks. Intraday bias remains bearish till the time pair holds key resistance at 65.12 mark. Key resistances...
FxWirePro: Nikkei forms potential Bullish Gartley pattern, good to buy on dips
Nov 22, 2017 05:18 am UTC| Technicals
Harmonic pattern - Bullish Gartley pattern Potential Reversal Zone (PRZ) - 22000 Nikkei has once again slightly declined after hitting high of 22682 yesterday. The index is consolidating in narrow range between...
FxWirePro: USD/JPY holds break below 50-DMA, bears eye 200-DMA at 111.73, stay short
Nov 22, 2017 04:20 am UTC| Technicals
USD/JPY holds break below 50-DMA, intraday bias bearish. Recovery attempts capped at 5-DMA at 112.47, bears eye 200-DMA at 111.74. Break below could accentuate weakness. Scope then for test of 111.47 weekly...
FxWirePro: EUR/CAD rejected at strong trendline resistance at 1.5125, bias bearish, stay short
Nov 22, 2017 03:47 am UTC| Technicals
FxWirePros Hourly Currency Strength Index for EUR/CAD at 0330 GMT: Bearish FxWirePros Hourly EUR Spot Index was at -96.2772: (Bearish) FxWirePros Hourly CAD Spot Index was at 105.721: (Bullish) Technical Analysis:...
FxWirePro: USD/TWD hits fresh 6-month low at 29.86 mark, bias remains bearish
Nov 22, 2017 03:42 am UTC| Technicals
USD/TWD is currently trading around 29.87 marks. It made intraday high at 30.07 and low at 29.86 marks. Intraday bias remains bearish till the time pair holds key resistance at 30.10 mark. A daily close...
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