FxWirePro: Gold trades higher on weak U.S data, good to buy on dips
Jul 17, 2017 06:13 am UTC| Technicals
Gold recovered almost $30 from the low of $1204 made on Jul 10th 2017. The yellow metal jumped till $1233.0 and is currently trading around $1230. U.S data came slightly weaker than expected on Friday. U.S core retail...
FxWirePro: AUD/NZD breaks above 200-DMA, bias higher, good to go long above 1.0680
Jul 17, 2017 05:59 am UTC| Technicals
AUD/NZD has broken out of consolidation, breached 200-DMA resistance at 1.0609, bias still higher. The pair is trading 0.1 percent higher on the day, at 1.0660 levels, extending last weeks gains. Technical...
Jul 17, 2017 05:55 am UTC| Technicals
USD/INR is currently trading around 64.34 marks. It made intraday high at 64.35 and low at 64.27 marks. Intraday bias remains bullish till the time pair holds key support at 64.27 marks. Key resistances are...
Jul 17, 2017 05:49 am UTC| Technicals
NZDJPY price dips but still above 5-months highs, Capture dips for leveraged yields in non-directional trend via boundary binaries. For now, upswings seem to be exhausted, major resistance area is observed between...
FxWirePro: USD/JPY recovery struggles at 20-DMA, bias lower on bearish divergence
Jul 17, 2017 05:18 am UTC| Technicals
USD/JPY attempts minor recovery after Fridays plunge, but upside seems to struggle at 20-DMA at 112.65. Data on Friday showed US headline CPI unchanged on a monthly basis and yearly rate sliding further below the Feds...
FxWirePro: USD/TWD rejects key support at 30.20 mark, sustained close below targets 29.90 mark
Jul 17, 2017 04:51 am UTC| Technicals
USD/TWD is currently trading around 30.36 marks. It made intraday high at 30.40 and low at 30.21 marks. Intraday bias remains slightly bullish till the time pair holds key support at 30.20 marks. A daily...
FxWirePro: Thai baht gains against U.S. dollar, hits highest level since June 2015
Jul 17, 2017 04:11 am UTC| Technicals
USD/THB is currently trading around 33.72 marks. It made intraday high at 33.77 and low at 33.70 marks. Intraday bias remains bearish till the time pair holds key resistance at 33.94 mark. On the top side,...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight