FxWirePro: EUR/USD trades below 1.1600 level on rising US 10 year yield, good to sell on rallies
Jul 19, 2018 11:48 am UTC| Technicals
EUR/USD has pared some of the gains made yesterday on account of escalating trade tensions between US and China. China has started to devalue its currency once again. A weaker yuan is good for Chinese exports. US 10 year...
Jul 19, 2018 10:28 am UTC| Technicals
FxWirePro Currency Strength Index for NZD/USD: Bias Bearish FxWirePros Hourly USD Spot Index was at -153.224 (Bearish) FxWirePros Hourly USD Spot Index was at 146.267 (Bullish) Technical Analysis: Bias Bearish -...
Jul 19, 2018 09:39 am UTC| Technicals
GBP under pressure after UKs Retail Sales came in below expectations for the month of June. UK monthly retail sales data showed an unexpected decline of 0.5% m/m in June. Meanwhile, core retail sales, stripping...
FxWirePro: GBP/USD hits 10 month low on weaker than expectd UK retail sales, good to sell on rallies
Jul 19, 2018 09:18 am UTC| Technicals
GBP/USD is trading weak for third consecutive days on account of weak than expected UK data. UK CPI and wage growth data released this week was weaker than expected. Pound hits 10 month low after UK retail sales came at...
FxWirePro: XAG/USD slips below $15.30 mark, stay bearish
Jul 19, 2018 07:58 am UTC| Technicals
XAG/USD is currently trading around $15.31 marks. It made intraday high at $15.55 and low at $15.29 levels. Intraday bias remains bearish till the time pair holds key resistance at $15.60 mark. A daily close...
FxWirePro: BTC/USD rejected at 100-DMA, shooting star and bearish divergence call for caution
Jul 19, 2018 07:48 am UTC| Digital Currency Technicals
BTC/USD hit 7599 levels on Wednesday before closing at 7374 levels. The pair is currently trying to hold above 90-EMA and trading at 7340 levels at press time (Bitstamp). On the topside, the pair is likely to face...
Jul 19, 2018 07:18 am UTC| Technicals
GBP/CHF is extending range trade on the day, hovers around major trendline support at 1.3050. GBP tumbled across the board after UKs inflation figures failed to meet expectations. After poor inflation data...