
FxWirePro:Gold recovers slightly on short covering, good to sell on rallies
May 22, 2018 02:36 am UTC| Technicals
Gold prices has halted its weakness after a one week continous selling. The yellow metal recovered slightly from low of $1282 almost $10 on account of short covering. Gold was trading weak in previous week and has declined...

FxWirePro:Nikkei trades slightly lower on yen recovery, good to buy on dips
May 22, 2018 02:18 am UTC| Technicals
Asian markets are tradingslightly weakafter a good jump in US markets yesterday. Dow Jones jumped almost 300 points and closed above 25000 for the first time since mid- March as trade war between US- China temporarily...

FxWirePro: Silver trades marginally lower in early Asia, faces key resistance at $16.50 mark
May 22, 2018 02:06 am UTC| Technicals
XAG/USD is currently trading around $16.46 marks. It made intraday high at $16.50 and low at $16.45 levels. Intraday bias remains bearish till the time pair holds key resistance at $16.50 mark. A daily close...

FxWirePro: USD/SGD moves in stiff boundaries, stay bullish only above 1.3426 mark
May 22, 2018 01:44 am UTC| Technicals
USD/SGD is currently trading around 1.3398 marks. It made intraday high at 1.3406 and low at 1.3384 levels. Intraday bias remains neutral for the moment. A daily close above 1.3399 will test key resistances...

May 22, 2018 01:22 am UTC| Technicals
EUR/KRW is currently trading around 1,268 mark. Pair made intraday high at 1,269 and low at 1,267 levels. Intraday bias remains neutral till the time pair holds key support at 1,267 mark. A sustained close...

May 21, 2018 13:21 pm UTC| Technicals Insights & Views
USDCHF forms shooting stars at 0.9994, 1.0025 and 1.0024 levels, hanging man patterns at 1.0025, 1.0003 and 1.0004, doji patterns at 1.0012 and 1.0014 levels that restrain rallies below 7SMAs, the current price remains...

May 21, 2018 13:08 pm UTC| Technicals
EUR/USD declined further in todays trading and hits low of 1.1730 lowest level since mid-Dec. The pair weakness was mainly due to rising US 10 year bond yield. The yields hits fresh 7 year high at 3.10% yesterday and shown...