FxWirePro: GBP/JPY trades below 21 day MA, decline till 143.35 likely
May 23, 2017 05:53 am UTC| Technicals
GBP/JPY continuing its losing streak for the second consecutive week after making a top around 148.11. It is currently trading around 144.15. The pair formed a bottom around 143.34 on May 18th 2017 and is acting...
May 23, 2017 05:34 am UTC| Technicals
Pound sold-off overnight on reports of the Manchester terror attacks. EUR/GBP hits 4-week high of 0.8666, intraday bias higher. The pair is extending gains after breakout above major resistance at 0.8595 (converged...
FxWirePro: Gold forms golden crossover, jump till $1278 likely
May 23, 2017 04:21 am UTC| Technicals
Gold prices shown further jump and is trading near minor top formed at $1265 formed on May 18th 2017 on account of surging Euro and Trump turmoil increased the demand for safe haven and reduced the chance of rate hike. The...
FxWirePro: USD/TWD stabilizes above 30.00 mark, bias remains neutral
May 23, 2017 03:41 am UTC| Technicals
USD/TWD is currently trading around 30.08 marks. It made intraday high at 30.10 and low at 29.92 marks. Intraday bias remains neutral till the time pair holds key support at 30.30 mark. A daily close above...
FxWirePro: USD/THB remains well supported above 34.30 mark, upside limited
May 23, 2017 02:50 am UTC| Technicals
USD/THB is currently trading around 34.36 marks. It made intraday high at 34.38 and low at 34.29 marks. Intraday bias remains neutral till the time pair holds key support at 34.30 marks. On the top side, key...
FxWirePro: South Korean won falls gradually against euro, stay bullish
May 23, 2017 02:05 am UTC| Technicals
EUR/KRW is currently trading around 1,256 mark. Pair made intraday high at 1,256 and low at 1,251 levels. Intraday bias remains bullish till the time pair holds key support at 1,247 mark. A daily close below...
FxWirePro: USD/SGD trades in narrow range ahead of Singapore’s CPI data
May 23, 2017 01:26 am UTC| Technicals
USD/SGD is currently trading around 1.3866 marks. It made intraday high at 1.3873 and low at 1.3859 levels. Intraday bias remains neutral till the time pair holds key support at 1.3860 marks. A daily close...
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