FxWirePro: South Korean won trades almost flat against euro despite robust GDP data
Oct 26, 2017 01:30 am UTC| Technicals
EUR/KRW is currently trading around 1,328 mark. Pair made intraday high at 1,330 and low at 1,327 levels. Intraday bias remains neutral till the time pair holds key support at 1,325 mark. A sustained close...
Oct 25, 2017 12:27 pm UTC| Technicals
USD/CHF has shown a minor jump after breaking convincingly 233- day MA and has broken high of 0.98812 and major resistance 0.9865 and closed slightly below that level. But the pair is still trading above trend line...
FxWirePro: EUR/USD trades flat, market eyes ECB meeting
Oct 25, 2017 12:14 pm UTC| Technicals
EUR/USD is trading in narrow range between 1.18803 and 1.17250 for the past 9 trading days. Major event for EUR and ECB meeting which will be held on Thursday for further direction. The pair declined till 1.17250 on 23rd...
FxWirePro: AUD/JPY struggles at 50-DMA (87.87), break below to accentuate weakness
Oct 25, 2017 10:59 am UTC| Technicals
AUD/JPY down over 0.6% on the day, Aussie weakness drags pair lower. Aussie slumps across the board after downbeat inflation data dented RBA tightening expectations. Australia Q3 CPI came-in at 0.6% q/q vs. 0.8%...
Oct 25, 2017 10:34 am UTC| Technicals Insights & Views
Are buzzing bullish sentiments in EURCAD luring you? Yes, the uptrend sentiments are stimulated especially after the formation of engulfing pattern at 1.4791 levels and bullish DMA crossover indicates uptrend...
FxWirePro: GBP/USD trades higher on positive UK GDP, good to buy on dips
Oct 25, 2017 10:32 am UTC| Technicals
Cable recovers sharply from the low of 1.3110 on account of better than expected UK GDP data. The pair jumped till 1.32224 and is currently trading around 1.3220. UK economy expanded by 0.4% in the third quarter of...
FxWirePro: EUR/CAD upside pauses at 61.8% Fib, bias higher, good to go long on break above
Oct 25, 2017 10:31 am UTC| Technicals
EUR/CAD consolidating upside at 2-month highs hit on Monday, bias higher. German Oct business climate index unexpectedly rose to a record high after falling for two months in a row boosting EUR. The pair is up...
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