
FxWirePro: FTSE100 trades above 300- day EMA,jump till 7290 likely
Mar 27, 2019 08:02 am UTC| Technicals
FTSE100 is trading higher after a major sell-off of more than 120 points from high of 7371. The sell-off was mainly due to fear of recession in US. US 10 year yield hits 2.37% lowest since Dec 2017.All major stock market...

FxWirePro: Chinese yuan trades almost flat against U.S. dollar, PBOC sets yuan mid-point at 6.7141
Mar 27, 2019 06:50 am UTC| Technicals
USD/CNY is currently trading around 6.7150 marks. It made intraday high at 6.7177 and low at 6.7111 levels. Intraday bias remains neutral for the moment. A sustained close above 6.7210 marks will test key...

FxWirePro: GBPJPY upside capped by 20 day MA, markets eye Brexit vote for further direction
Mar 27, 2019 06:29 am UTC| Technicals
GBPJPY trading higher yesterday and jumped more than 150 pips after a good recovery in Cable on positive Brexit news. Jacob Rees-Mogg who heads pro-Brexit hinted that he will support Mays Brexit deal.GBPUSD hits high of...

FxWirePro: USD/INR hovers around 69.00 mark, sustained close below requires for downside rally
Mar 27, 2019 06:24 am UTC| Technicals
USD/INR is currently trading around 69.03 marks. It made intraday high at 69.16 and low at 68.97 marks. Intraday bias remains neutral till the time pair holds key resistance at 69.32 mark. Key resistances...

Mar 27, 2019 06:22 am UTC| Technicals Central Banks
Both minor and major trends ofEURNZDhas been in bullish amid mild hiccups in the interim trend, the pair has formed symmetric triangle pattern with stern bullish candle today at triangle baseline which is most likely to...

FxWirePro: Gold trades slightly lower on strong US dollar, good to buy on dips
Mar 27, 2019 05:49 am UTC| Technicals
Gold has declined more than $10 after hitting high of $1324.50 on account of strong US dollar.The yellow metal is trading higher for past 3- week and jumped more than $40 on declining US 10 yield and yield curve inversion....

FxWirePro: NZD/JPY finds strong support at 75, break below required for further weakness
Mar 27, 2019 04:54 am UTC| Technicals
NZD/JPY chart - Trading View NZD/JPY slumps lower after RBNZ interest rate decision, hits 3-week lows at 75.08. The pair is trading 1.57% lower on the day at 75.19 at 0435 GMT, bias bearish. Kiwi dives...