FxWirePro: EUR/GBP breaks above 20-DMA at 0.8872, good to long above 0.8920
Nov 13, 2017 10:52 am UTC| Technicals
EUR/GBP hits ten-day high at 0.8918 on the back of broad based GBP selling. Pound offered across the board on rising political uncertainty. Reports showed as many as 40 Conservative lawmakers have signed a letter,...
FxWirePro: GBP/USD tumbles on UK political uncertainty, good to sell on rallies
Nov 13, 2017 10:25 am UTC| Technicals
Cable slides sharply after hitting a high of 1.32295 (61.8% fibo) on account of political uncertainty in UK. The pair declined till 1.30618 and is currently trading around 1.30725. The pair tumbled after reports shows...
FxWirePro: AUD/JPY on track to test 200-DMA at 86.0, good to short rallies
Nov 13, 2017 10:13 am UTC| Technicals
AUD/JPY recovery capped below 5-DMA at 87 levels, bias bearish. Technical studies are heavily bearish, RSI and Stochs are sharply lower. Weekly charts also support downside in the pair. RSI biased lower and below...
FxWirePro: GBP/JPY trades well below trend line support, dip till 145 likely
Nov 13, 2017 09:46 am UTC| Technicals
GBP/JPY has shown a slight jump till 149.99 on Friday and declined sharply from that level on UK political uncertainties. The pair broken previous low of 148.45 and declined till 148.18 at the time of writing. It is...
FxWirePro: EUR/CAD takes support at daily cloud, good to go long on break above 20-DMA at 1.4855
Nov 13, 2017 09:43 am UTC| Technicals
50-DMA currently at 1.4738 is major support for EUR/CAD, we see weakness only on break below. Upside has broken above 5-DMA at 1.4782 and is currently hovering around 1.4797 levels. Daily cloud offers strong...
FxWirePro: NZD/USD rejected at 20-DMA (0.6939), good to short rallies
Nov 13, 2017 09:19 am UTC| Technicals
NZD/USD rejected at 20-DMA at 0.6939, we see upside only on break above. Technical studies are turning bearish, only break above 20-DMA at 0.6953 could see further upside. Price action has slipped below 5-DMA at...
FxWirePro: Gold trades lower on rising US bond yield, good to sell on rallies
Nov 13, 2017 09:09 am UTC| Technicals
Gold declined after hitting 3- week high on rising US 10 year bond yields. The yellow metal has dipped till $1273 and is currently trading around $1277. The sharp rise in 10 year bond yield happened after Philadelphia...
Electricity from farm waste: how biogas could help Malawians with no power
What the Supreme Court is doing right in considering Trump’s immunity case
US election: why it’s not the protesters’ votes that the Democrats should worry about
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects