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...
FxWirePro: GBP/JPY trades weak, markets eye UK retail sales
Jul 19, 2018 07:14 am UTC| Technicals
GBP/JPY is consolidating after hitting low of 147.06 level. GBP has shown a minor weakness after weaker than expected UK CPI data.Markets eye UK retail sales data which is to be released today for further direction.Market...
Jul 19, 2018 06:42 am UTC| Technicals
Overall trend - bearish Gold is trading lower after showing a minor jump till $1229. It hits low of $1220.99 and is currently trading around $1223.42. The major three factors to be watched for gold price movement...
FxWirePro: CAD/CHF extremely rangebound, close below 21-EMA to see further weakness
Jul 19, 2018 06:37 am UTC| Technicals
CAD/CHF struggled to close below 21-EMA at 0.7565 on Wednesdays trade. The pair is extending trade in an extremely narrow range on the day, with a days high at 0.7588 and a low at 0.7579. Technical analysis show...
FxWirePro: EUR/GBP off 4-month highs, holds above 0.89 handle, bias higher
Jul 19, 2018 06:07 am UTC| Technicals
EUR/GBP has retraced from 4-month highs at 0.8931 hit overnight. The pair js holding above 0.89 handle and we see more upside on cards. GBP tumbled across the board after UKs inflation figures failed to meet...
FxWirePro: Nikkei Daily Outlook
Jul 19, 2018 05:56 am UTC| Technicals
Asian markets are trading slightly positive with Nikkei trading flat. US equities was trading higher yesterday followed by better than expected banking earnings. US markets has closed positively for fifth straight session....
Jul 19, 2018 05:14 am UTC| Technicals
USDJPY has formed hanging man and shooting star at 113.004 and 113.031 levels respectively amid todays rallies trade as markets nudge trade wars tormentor. The current trend is wedged between 7 and 21-SMA after...