
FxWirePro: EUR/NZD hovers around 50-DMA at 1.7006, further weakness only on decisive break below
May 21, 2018 06:14 am UTC| Technicals
EUR/NZD retraces from session lows at 1.6970, retakes 50-DMA at 1.7006. The pair is trading 0.16% higher on the day at 1.7035 levels and we see further weakness only on decisive break below 50-DMA. Upside remains...

FxWirePro: Nikkei trades higher as US-China trade war on hold, good to buy on dips
May 21, 2018 05:57 am UTC| Technicals
Asian markets were trading higher on Monday as US China trade war negotiations on hold.US Trade Secretary Steven Mnuchin said on Sunday that We are putting the trade war on hold .Right now we have agreed to put the tariffs...

FxWirePro: Indian rupee falls gradually against U.S. dollar, hits lowest level since January 2017
May 21, 2018 05:54 am UTC| Technicals
USD/INR is currently trading around 68.16 marks. It made intraday high at 68.22 and low at 68.04 marks. Intraday bias remains bullish till the time pair holds key support at 67.77 mark Key resistances are...

FxWirePro: AUD/JPY buoyed by risk-on, break above 110-EMA (83.84) to see further upside
May 21, 2018 04:36 am UTC| Technicals
AUD/JPY buoyed as markets turn risk-pro after Chinese and American negotiators set up a framework to address the trade imbalances. Yen drops in Asia on easing US-China trade tensions as China and US agreed to halt...

May 21, 2018 03:54 am UTC| Technicals
USD/JPY is extending upside after bullish gap open, trades 0.34% higher on the day at 111.11 at the time of writing. The pair remains supported as markets turn risk-on amid easing US-China trade tensions. China...

FxWirePro: USD/TWD hovers around 30.00 mark, bias remains bullish
May 21, 2018 03:39 am UTC| Technicals
USD/TWD is currently trading around 29.98 marks. It made intraday high at 29.98 and low at 29.90 marks. Intraday bias remains bullish till the time pair holds key support at 29.90 mark. A daily close above...

May 21, 2018 03:04 am UTC| Technicals
USD/THB is currently trading around 32.16 marks. It made intraday high at 32.20 and low at 32.15 marks. Intraday bias remains bearish till the time pair holds key resistance at 32.22 mark. On the top side,...