
Apr 03, 2019 10:25 am UTC| Technicals
EURUSD formed almost a double bottom near 1.11800 and jumped more than 60 pips from the low of 1.11837 made yesterday. The recovery was due to US -China trade talks optimism and jump in US 10 year yield. US 10 year yield...

FxWirePro: EUR/JPY breaks above daily cloud, on track to test 110-EMA at 126.30, stay long
Apr 03, 2019 10:20 am UTC| Technicals
EUR/JPY chart - Trading View Bid tone surrounding the shared currency improves after upbeat data. Eurozones retail sales increased by 0.4% in February and the services and composite PMI for March came in...

FTSE100 holds well above trend line resistance, jump till 7500 likely
Apr 03, 2019 09:45 am UTC| Technicals
FTSE100 trading higher for past 6 days and jumped more than 200 points following footsteps of Wall street.US markets closed higher for 4thconsecutive days and recovered more than 17% on easing trade tensions. US 10 year...

GBPJPY breaks major resistance 146.50, jump till 148.80 likely
Apr 03, 2019 09:43 am UTC| Technicals
GBPJPY broken major resistance 146.50 after a long consolidation. It hits high of 147.09 and is currently trading around 147. The jump was mainly due to weakness in yen on account of rising US bond yield and easing...

FxWirePro: NZD/JPY holds 200-DMA support, weakness only on break below
Apr 03, 2019 09:35 am UTC| Technicals
NZD/JPY chart - Trading View NZD/JPY is trading 0.70% higher on the day at 75.73 at 0920 GMT. The pair finds strong support at 200-DMA (currently at 75.05), weakness only on break below. Kiwi buoyed on...

Apr 03, 2019 07:42 am UTC| Technicals
USD/ZAR is currently trading around 14.11 levels. It made intraday high at 14.22 and low at 14.10 levels. Intraday bias remains bearish till the time pair holds key resistance at 14.32 mark. A daily close...

FxWirePro: Chinese yuan rises on strong Caixin services PMI data
Apr 03, 2019 07:21 am UTC| Technicals
USD/CNY is currently trading around 6.7086 marks. It made intraday high at 6.7222 and low at 6.7074 levels. Intraday bias remains bearish till the time pair holds key resistance at 6.7422 mark. A sustained...