
FxWirePro: USDCAD trades lower on hawkish hold by BOC, good to sell on rallies
Dec 05, 2019 09:42 am UTC| Technicals
USDCAD trades lower and lost more than 140 pips on hawkish hold by BOC. The central bank has kept its rates unchanged at 1.75% as expected and comments are hawkish compared to previous Oct policy. They are more upbeat on...

FxWirePro: EUR/USD Chartpack – Technical and Hedging Setup
Dec 05, 2019 09:26 am UTC| Technicals
EURUSDs shooting star is traced out at 1.1077 levels. The bearish pattern sends early signals for minor trend to show failure swings at the channel resistance (refer daily chart). Interim upswings appear to be exhausted...

FxWirePro: South African rand falls as current account data misses expectations
Dec 05, 2019 09:16 am UTC| Technicals
USD/ZAR is currently trading around 14.65 levels. It made intraday high at 14.65 and low at 14.55 levels. Intraday bias remains bullish till the time pair holds key support at 14.49 mark. A daily close...

FxWirePro: Norwegian Krone hovers towards 1-week peak as crude oil prices rally
Dec 05, 2019 09:10 am UTC| Technicals
The Norwegian Krone surged, hovering towards a 1-week peak hit earlier in the week following a rise in the oil prices. On Wednesday,oil prices surged more than 3 percent as U.S. government data showed a large decline...

Dec 05, 2019 09:08 am UTC| Technicals
XAG/USD is currently trading around $16.83 marks. It made intraday high at $16.92 and low at $16.82 levels. Intraday bias remains neutral till the time pair holds key support at $16.74 mark. A daily close...

FxWirePro: Indian rupee remains volatile after RBI’s interest rate decision
Dec 05, 2019 08:04 am UTC| Technicals
USD/INR is currently trading around 71.40 marks. It made intraday high at 71.52 and low at 71.31 marks. Intraday bias remains neutral till the time pair holds key support at 71.11 mark. Key resistances are...

FxWirePro: USDJPY Daily Outlook
Dec 05, 2019 07:23 am UTC| Technicals
Ichimoku Analysis (4-hour chart) Tenken-Sen- 108.69 Kijun-Sen- 109.07 USDJPY was trading highly volatile yesterday and shown a recovery of more than 40 pips on renewed US-China trade optimism. But...