FxWirePro: GBP/JPY forms bearish gartley pattern, good to sell on rallies
Sep 17, 2018 04:01 am UTC| Technicals
Harmonic pattern formed -Bearish Gartley Potential Reversal Zone (PRZ)- 149.31. GBPJPY has halted one week winning streak and lost nearly 50 pips from the high of 147.01. The near term resistance is around...
FxWirePro: Gold declines as US 10 year bond yield regains 3%, good to buy on dips
Sep 17, 2018 03:35 am UTC| Technicals
Major resistance- $1217 The major three factors that drive gold prices US dollar Index: Strong. DXY has taken support near 23.6% fib at 94.31 and jumped almost 60 pips on Trump trade tariff. The index has almost...
FxWirePro: USD/TWD exhibits range bound movement, faces strong resistance at 30.90 mark
Sep 17, 2018 03:17 am UTC| Technicals
USD/TWD is currently trading around 30.78 marks. It made intraday high at 30.82 and low at 30.76 marks. Intraday bias remains slightly bullish till the time pair holds key support at 30.50 mark. A daily...
FxWirePro: Nikkei trades slightly higher on weak yen, trade war in focus
Sep 17, 2018 03:05 am UTC| Technicals
Asian marketsis trading weaker with Nikkei trading marginally higher of 0.30% on weak yen. US and China trade talks worries is affecting overall global markets. US President Donald Trump has planned to impose another $200...
FxWirePro: Thai baht trades flat in early Asia, stay neutral
Sep 17, 2018 02:33 am UTC| Technicals
USD/THB is currently trading around 32.68 marks. It made intraday high at 32.72 and low at 32.67 marks. Intraday bias remains neutral till the time pair holds key resistance at 32.90 mark. On the top side,...
FxWirePro: Singapore dollar trades marginally lower after non – oil exports data
Sep 17, 2018 02:21 am UTC| Technicals
USD/SGD is currently trading around 1.3750 marks. It made intraday high at 1.3753 and low at 1.3737 levels. Intraday bias remains slightly bullish till the time pair holds key support at 1.3690 marks. A...
FxWirePro: EUR/KRW remains well supported above 1,300 mark, further sideways movement likely
Sep 17, 2018 01:20 am UTC| Technicals
EUR/KRW is currently trading around 1,305 mark. Pair made intraday high at 1,305 and low at 1,302 levels. Intraday bias remains neutral till the time pair moves in stiff boundaries from 1,298 to 1,315...