
Jan 02, 2020 11:57 am UTC| Commentary Technicals Insights & Views
The precious yellow metal price has been surging constantly from the last two-three weeks or so. While Gold futures contracts gained upside traction at the end of 2019 amid the U.S. dollar taking back foot leads the demand...

FxWirePro: Buy USDCHF on dips (high-risk call)
Jan 02, 2020 11:43 am UTC| Technicals
Ichimoku Analysis (Hourly chart) Tenken-Sen- 0.96848 Kijun-Sen- 0.96761 USDCHF trades lower for past 1-month and lost more than 350 pips on broad-based US dollar selling. DXY has lost more than 100...

Crypto Technicals: LTC/USD rangebound at 20-DMA support (40.97), bias bearish
Jan 02, 2020 09:58 am UTC| Digital Currency Technicals
LTC/USD chart - Trading View Exchange - Coinbase Support: 40.97 (20-DMA); Resistance: 41.99 (21-EMA) Technical Analysis: Bias Bearish LTC/USD is trading in an extremely narrow range with session high at 41.56...

FxWirePro: Indian rupee trades marginally lower despite higher than expected manufacturing PMI data
Jan 02, 2020 09:19 am UTC| Technicals
USD/INR is currently trading around 71.26 marks. It made intraday high at 71.33 and low at 71.19 marks. Intraday bias remains bullish till the time pair holds key support at 71.22 mark. Key resistances are...

FxWirePro: Silver trades flat at $17.88 mark, sustained close above requires for upside rally
Jan 02, 2020 09:06 am UTC| Technicals
XAG/USD is currently trading around $17.87 marks. It made intraday high at $17.88 and low at $17.82 levels. Intraday bias remains bullish till the time pair holds key support at $17.74 mark. A daily close...

FxWirePro: USDCAD hits 14- month high, dip till 1.280 likely
Jan 02, 2020 08:35 am UTC| Technicals
USDCAD is trading weak for the 5th consecutive week and declined more than 250 pips from high of 1.33080. It was one of the worst performers in G10 previous year and lost more than 5% on surging crude oil price and...

FxWirePro: Sell USDJPY on rallies
Jan 02, 2020 08:16 am UTC| Technicals
Ichimoku Analysis (Daily Chart) Tenken-Sen- 109.07 Kijun-Sen- 109.07 USDJPY is trading weak for 3rd consecutive days and lost more than 100 pips. The dip was mainly due to broad-based US dollar...