FxWirePro:GBP/USD trades higher after better than expected UK inflation, good to buy on dips
Sep 19, 2018 10:35 am UTC| Technicals
GBPUSD hits 8- week high at 1.3215 at the time of writing after better than expected UK inflation. UK inflation hits six month high and it rose unexpectedly in Aug at 2.7% compared to forecast of 2.4%. Core inflation rose...
FxWirePro: XAG/USD back above $14.20 mark, further sideways movement likely
Sep 19, 2018 08:48 am UTC| Technicals
XAG/USD is currently trading around $14.19 marks. It made intraday high at $14.21 and low at $14.10 levels. Intraday bias remains neutral till the time pair holds key resistance at $14.23 mark. A daily close...
FxWirePro: South African rand trades margianally higher ahead of CPI, core CPI data
Sep 19, 2018 07:25 am UTC| Technicals
USD/ZAR is currently trading around 14.76 levels. It made intraday high at 14.90 and low at 14.75 levels. Intraday bias remains neutral till the time pair holds immediate support at 14.59 mark. A daily...
FxWirePro: US Dollar Index forms head and shoulder pattern, break below 94.30 targets 93.60
Sep 19, 2018 07:18 am UTC| Technicals
Pattern formed Head and Shoulders Ichimoku (Daily Chart) Tenken-Sen- 94.93 Kijun-Sen -95.64 Trend reversal Level- 94.30 DXY is tding weak for two consecutive days. The pair lost more than 70...
Sep 19, 2018 06:40 am UTC| Technicals
Pattern formed Inverse Head and shoulder pattern Major resistance - 1.17200 EURUSD consolidates in narrow range between 1.16179 and 1.17098 for past three trading days. US and China trade tensions are...
FxWirePro: USD/CNY consolidates around 6.85 marks, PBOC sets yuan mid-point at 6.8569
Sep 19, 2018 06:37 am UTC| Technicals
USD/CNY is currently trading around 6.8540 marks. It made intraday high at 6.8658 and low at 6.8465 levels. Intraday bias remains neutral for the moment. A sustained close above 6.8705 marks will test key...
Sep 19, 2018 05:34 am UTC| Technicals
USD/INR is currently trading around 72.50 marks. It made intraday high at 72.81 and low at 72.46 marks. Intraday bias remains slightly bearish for the moment. Key resistances are seen at 72.68, 72.85, 73.02,...