
S&P500: Shooting star and Bearish divergence
Jun 25, 2019 11:51 am UTC| Technicals
Candlestick pattern- Shooting star Bearish divergence (CCI) SP500 has halted its 15-day bullishness and shown a minor decline. The index hits all-time high and jumped more than 200 points from low of 2728...

Jun 25, 2019 10:02 am UTC| Technicals
Trend line support- 0.96900 (trend line joining 1.0050 and 0.9853) USDCHF has halted its 2-months of losing streak and pair has lost more than 500 pips from its high. The decline was mainly due to broad-based S...

FxWirePro: XAG/USD moves in stiff boundaries, sustained close above $15.42 requires for upside rally
Jun 25, 2019 08:38 am UTC| Technicals
XAG/USD is currently trading around $15.42 marks. It made intraday high at $15.49 and low at $15.33 levels. Intraday bias remains neutral for the moment. A daily close above $15.42 will test key resistances...

FxWirePro: GBPJPY upside capped by 20-day MA, any break above targets 138.30
Jun 25, 2019 08:34 am UTC| Technicals
Major resistance - 137.20 (20- day MA) GBPJPY is consolidating in the narrow range between 137.179 and 135.94 in the past four days. Yesterday it was showing minor weakness till 136.14 and shown a recovery. The jump...

Jun 25, 2019 07:59 am UTC| Technicals
Majority of the Kiwis currency pairs are attempting to show some rallies ahead of RBNZ monetary policy. So is the case withNZDJPYas well. But, please be noted that bearish engulfing pattern pops-up at trendline...

Gold: Overbought and bearish divergence
Jun 25, 2019 06:37 am UTC| Technicals
Chart pattern Bearish divergence Gold has shown nearly $20 from the high of $1439 on account of profit booking. The yellow metal was trading higher for 1 week and jumped nearly $100 after the dovish Fed meeting. The...

FxWirePro: Chinese yuan falls gradually against U.S. dollar, PBOC sets yuan mid-point at 6.8580
Jun 25, 2019 06:17 am UTC| Technicals
USD/CNY is currently trading around 6.8818 marks. It made intraday high at 6.8844 and low at 6.8657 levels. Intraday bias remains bullish till the time pair holds key support at 6.8600 mark. A sustained...