FxWirePro: Turkish lira falls despite robust manufacturing PMI data
Jun 01, 2017 07:40 am UTC| Technicals
USD/TRY is currently trading at 3.5330 levels. It made intraday high at 3.5355 and low at 3.5249 levels. Intraday bias remains neutral till the time pair holds key support at 3.5261 marks. Key resistances...
FxWirePro: EUR/GBP capped below 50% Fib at 0.8761, focus on UK PMI data
Jun 01, 2017 07:33 am UTC| Technicals
Positive chatter around the ECB and the probability of a shift to a more aggressive tone in the next months is supporting the single currency. EUR/GBP is extending gains for 3rd consecutive session. Price action above...
Jun 01, 2017 07:23 am UTC| Technicals
USD/CHF formed a bottom at 0.96910 and shown a minor recovery till 0.9807. The pair has broken the low of 0.96918 and declined till 0.96690. Any close below 0.9691 confirms bearish continuation of and decline till 0.9617...
FxWirePro: AUD/CHF breaks major support at 0.7235, bias lower, good to short rallies
Jun 01, 2017 07:11 am UTC| Technicals
AUD/CHF has broken below major trendline support at 0.7235, intraday bias lower. Aussie dented after China Caixin manufacturing PMI dipped into contraction territory in May, widely missing forecasts. Chinas...
FxWirePro: USD/ZAR hovers around 13.10 mark, faces immediate resistance at 13.21 mark
Jun 01, 2017 06:48 am UTC| Technicals
USD/ZAR is currently trading around 13.12 levels. It made intraday high at 13.14 and low at 13.05 levels. Intraday bias remains neutral for the moment. A daily close above 13.08 will take the parity...
Jun 01, 2017 06:30 am UTC| Technicals
Gold prices hits fresh one month high yesterday on geopolitical tensions and decline almost $9 from the high and is currently trading around $1260. Market awaits U.S Nonfarm payroll data which will be released by...
FxWirePro: AUD/JPY breaks below major trendline support at 82.65, good to go short on rallies
Jun 01, 2017 06:12 am UTC| Technicals
AUD/JPY has breached major trendline support at 82.65 raising scope for further downside. Aussie dented after China Caixin manufacturing PMI dipped into contraction territory in May, widely missing...
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