FxWirePro: Gold breaks upward sloping resistance, jump till $1300 likely
Dec 28, 2018 12:43 pm UTC| Technicals
Gold is trading higher for past 7 days and jumped more than $30 on account of global stock market turmoil. It is currently trading around $1278. The major three factors that drive gold prices US dollar Index:...
FxWirePro: USD/CHF major trend line support around 0.9800, break below targets 0.96500
Dec 28, 2018 12:16 pm UTC| Technicals
Major support 0.9800 USDCHF is trading weak for 3rd consecutive day on account of increasing demand for safe haven assets. The pair declined more than 150 pips and hits low of 0.98044 and is currently trading around...
FxWirePro: EUR/USD forms ascending triangle pattern, go long above 1.1500
Dec 28, 2018 11:59 am UTC| Technicals
Major resistance-1.1500 EUR/USD trades higher and jumped more than 100 pips after forming bottom around 1.13429. The decline in US 10 year yield and slight dovish Fed is supporting Euro. The pair hits high of 1.14728...
Dec 28, 2018 11:43 am UTC| Technicals
Chart and candlestick patterns: USDCADbulls have been extending upswings further despite the formation ofhanging man at 1.3484 and 1.3609 levels. Bulls disregard this bearish pattern and drags rallies above DMAs as...
Dec 28, 2018 07:04 am UTC| Technicals Digital Currency
BTCUSDprice has slid below $3,708 levels (i.e. 21-DMAs), but for today, the trend has been drifting in sideways amid Christmas holiday season. Technically, the minor trend of this pair shows little strength especially...
FxWirePro: USD/INR stabilizes below 70.00 mark, further sideways movement likely
Dec 28, 2018 04:32 am UTC| Technicals
USD/INR is currently trading around 69.87 marks. It made intraday high at 69.91 and low at 69.80 marks. Intraday bias remains bearish till the time pair holds key resistance at 70.22 mark. Key resistances...
FxWirePro: USD/THB hits fresh 2-month low at 32.38 mark, Thailand’s economic data in focus
Dec 28, 2018 02:54 am UTC| Technicals
USD/THB is currently trading around 32.40 marks. It made intraday high at 32.54 and low at 32.38 marks. Intraday bias remains bearish till the time pair holds immediate resistance at 32.70 mark. On the top...
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