FxWirePro: USD/TRY hits fresh 2-week low at 3.5337 mark, faces strong support at 3.5183
May 31, 2017 07:57 am UTC| Technicals
USD/TRY is currently trading at 3.5402 levels. It made intraday high at 3.5524 and low at 3.5337 levels. Intraday bias remains bearish till the time pair holds key resistance at 3.5757 marks. Key resistances...
FxWirePro: NZD/CAD poised for further upside after 200-DMA breakout, stay long
May 31, 2017 07:22 am UTC| Technicals
NZD/CAD has shown a decisive breakout above 200-DMA, bias remains higher. The pair has steered clear of major trendline resistance at 0.95 levels. Technical studies are pointing for further gains in the...
FxWirePro: Swedish krona depreciates sharply against euro, good to buy on dips
May 31, 2017 07:19 am UTC| Technicals
EUR/SEK is currently trading around 9.7537 levels. It made intraday high at 9.7631 and low at 9.7492 levels. Intraday bias remains bullish till the time pair holds key support at 9.7096 mark. A sustained...
FxWirePro: NZD/USD fails to hold gains above 200-DMA, minor weakness upto 0.7060 likely
May 31, 2017 06:56 am UTC| Technicals
NZD/USD was unable to hold gains above 200-DMA, slips below 0.71 handle from session highs at 0.7118. The pair faded gains on the back of improved NZ business outlook and upbeat Chinese PMI reports. Renewed...
FxWirePro: GBP/JPY upside capped by 5 DMA, good to sell on rallies
May 31, 2017 06:38 am UTC| Technicals
GBP/JPY continuing its weakness for the past two weeks after forming a temporary top around 148.11. The pair hits low of 141.76 at the time of writing and is currently trading around 142. The decline from 148.11 to...
FxWirePro: South African rand falls gradually against U.S. dollar, bias remains neutral
May 31, 2017 06:27 am UTC| Technicals
USD/ZAR is currently trading around 13.10 levels. It made intraday high at 13.12 and low at 13.08 levels. Intraday bias remains neutral for the moment. A daily close above 13.10 will take the parity...
May 31, 2017 05:47 am UTC| Technicals
Gold prices declined almost $10 from the one month high $1270 made yesterday and is currently trading around $1260. Market awaits U.S Nonfarm payroll data which will be released by Friday for further direction. Euro...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects