Jul 20, 2018 13:04 pm UTC| Technicals
EUR/USD has pared some of the loss made yesterday after comment made by Donald Trump on Fed Chairman.He said hes not thrilled with rate hikes and worries that the work the administration has done will be nullified. US...
FxWirePro: Copper extends rout, breaks new supports every week, next major bear target at 200W SMA
Jul 20, 2018 11:48 am UTC| Technicals
Copper is extending weakness for the 6th straight week, bias remains bearish. The pair has been on a rampage since beginning of June and we see further extension of downside. Price has been breaking major...
FxWirePro: GBP/USD recovers after Donald Trump criticise fed rate hike, good to sell on rallies
Jul 20, 2018 11:30 am UTC| Technicals
GBP/USD has shown a minor recovery after hitting low of 1.29575 yesterday. The minor recovery happened after Donald Trump comment on Fed rising interest rates.He said hes not thrilled with rate hikes and worries that the...
FxWirePro: EUR/CHF rejected at session highs, good to go short on break below 21-EMA
Jul 20, 2018 11:19 am UTC| Technicals
EUR/CHF has been rejected at session highs at 1.1654, currently trades at 1.1631, largely unchanged on the day. The pair is exhibiting range movement, capped below 100-DMA which is stiff resistance at...
Jul 20, 2018 10:20 am UTC| Digital Currency Technicals
ETH/USD is lower on Friday after it failed to breach cloud resistance. It is currently trading at 463 levels at the time of writing (Coinbase). On the upside, the pair faces stiff resistance at 496 (50-DMA) and...
Jul 20, 2018 10:02 am UTC| Digital Currency Technicals
ETH/EUR is extending downside after rejection at daily cloud. The pair has failed to hold break above 110-EMA and is trading in the red for 3rd straight session. Downside finds strong support at 20-DMA at 395,...
Jul 20, 2018 07:44 am UTC| Technicals
USD/ZAR is currently trading around 13.50 levels. It made intraday high at 13.62 and low at 13.47 levels. Intraday bias remains bullish till the time pair holds key support at 13.25 marks. A daily close...