FxWirePro: Aussie slides on massive yuan devaluation, good to short AUD/JPY on break below 20-DMA
Jul 20, 2018 03:48 am UTC| Technicals
Australian dollar is taking a hit after PBOCs devaluation of yuan by most since June 2016. The PBOC raised the yuan reference rate by 605 pips to 6.7671 today - the biggest single-day jump in over two...
FxWirePro: Nikkei Daily Outlook
Jul 20, 2018 03:44 am UTC| Technicals
Asian markets are trading lower on account of devaluing yuan. US equities was trading lower due to lukewarm corporate earnings report. US market has closed marginal lower with Dow Jones at 2564 (0.53% lower) and SP500 2804...
FxWirePro: Thai baht trades almost flat ahead of trade balance data, downside limited
Jul 20, 2018 03:26 am UTC| Technicals
USD/THB is currently trading around 33.48 marks. It made intraday high at 33.52 and low at 33.39 marks. Intraday bias remains bullish till the time pair holds key support at 33.22 mark. On the top side, key...
FxWirePro: USD/SGD back above 1.37 mark, good to buy on dips
Jul 20, 2018 03:10 am UTC| Technicals
USD/SGD is currently trading around 1.3705 marks. It made intraday high at 1.3737 and low at 1.3685 levels. Intraday bias remains neutral till the time pair holds key resistance at 1.3745 levels. A daily...
Jul 20, 2018 02:31 am UTC| Technicals
EUR/KRW is currently trading around 1,320 mark. Pair made intraday high at 1,323 and low at 1,320 levels. Intraday bias remains bullish till the time pair holds key support at 1,315 mark. A sustained close...
FxWirePro: Japanese yen trades marginally higher on robust CPI, core CPI data
Jul 20, 2018 01:56 am UTC| Technicals
USD/JPY is currently trading around 112.34 marks. It made intraday high at 112.62 and low at 112.27 levels. Intraday bias remains slightly bearish till the time pair holds key resistance at 113.20 mark. A...
Jul 19, 2018 12:38 pm UTC| Technicals
USD/CHF has shown a huge recovery of more than 150 on account of strong USD US 10 year bond yield hits 2 week high after hawkish comment by Fed Chairman Powell. He has mentioned that US economy is growing faster with job...