Gold trades lower on higher US 10 year bond yield, good to sell on rallies
Sep 25, 2017 06:15 am UTC| Technicals
Gold prices recovered slightly from the 4- week low on account of escalated tensions in North Korea. The yellow metal declined once again after hitting a high of $1298.50 on Friday. It is currently trading around $1292.85...
FxWirePro: USD/CNY jumps above 6.60 mark, PBOC sets yuan mid-point at 6.5945
Sep 25, 2017 05:46 am UTC| Technicals
USD/CNY is currently trading around 6.6025 marks. It made intraday high at 6.6085 and low at 6.5895 levels. Intraday bias remains bullish till the time pair holds key support at 6.5898 mark. A sustained...
FxWirePro: EUR/CAD capped between 50 and 200-day MAs, breakout to provide clear direction
Sep 25, 2017 04:57 am UTC| Technicals
EUR/CAD hovers around 5-DMA at 1.4712, intraday bias neutral. The pair finds stiff resistance at 50-DMA at 1.4750, we see upside only on break above. Price action seen capped between 50 and 200 day moving...
FxWirePro:Nikkei trades higher on weak yen, good to buy on dips
Sep 25, 2017 04:26 am UTC| Technicals
Nikkei has jumped slightly on weak yen and snap election hopes. The pair jumped after hitting low of at the time of writing and is trading around 203800.27% higher. Japan PM Shinzo Abe is expected to call a snap...
FxWirePro: USD/JPY struggles at 200-DMA, watch out for break above 112.90 for further upside
Sep 25, 2017 04:07 am UTC| Technicals
Data released early today showed Japan Nikkei Manufacturing PMI registered at 52.6, below expectations (53.4) in September. USD/JPY edged higher, recovering from the risk-off sell-off seen last week, hit session highs...
FxWirePro: USD/THB trades flat at 33.10 mark, bias remains neutral
Sep 25, 2017 04:04 am UTC| Technicals
USD/THB is currently trading around 33.09 marks. It made intraday high at 33.10 and low at 33.07 marks. Intraday bias remains neutral for the moment. A daily close below 33.07 will drag the parity down...
Sep 25, 2017 03:41 am UTC| Technicals
USD/SGD is currently trading around 1.3473 marks. It made intraday high at 1.3480 and low at 1.3460 levels. Intraday bias remains neutral till the time pair holds key resistance at 1.3505 mark. A daily close...
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