Jul 18, 2018 10:48 am UTC| Technicals
FxWirePro Currency Strength Index for CAD/CHF: Bias Bearish FxWirePros Hourly CAD Spot Index was at -105.293 (Bearish) FxWirePros Hourly CHF Spot Index was at 126.714 (Bullish) Technical Analysis: Bias Bearish -...
FxWirePro: GBP/USD trades lower on weaker than expected UK CPI data, good to sell on rallies
Jul 18, 2018 09:51 am UTC| Technicals
GBP/USD has lost more than 250 pips from the high 1.32960 made on Monday on account of weak UK data and Brexit uncertainty. UK CPI Y-o-Y came at 2.4% compared to forecast 2.6% and core CPI came at 1.9% y-o-y slightly below...
FxWirePro: British Pound under selling pressure post UK CPI data, stay short GBP/CHF
Jul 18, 2018 09:41 am UTC| Technicals
GBP/CHF is extending weakness after break below 21-EMA, bias lower. The British pound tumbled across the board after UKs inflation figures failed to meet expectations. UK headline CPI rose at an annualized 2.4%...
Jul 18, 2018 09:31 am UTC| Technicals
GBP/JPY has lost more than 200 pips from the high of 149.31 made on Monday. Cable has lost more than 250 pips on account weak UK data and Brexit uncertainty. UK CPI Y-o-Y came at 2.4% compared to forecast 2.6% and core CPI...
Jul 18, 2018 09:31 am UTC| Technicals
GBP/JPY has lost more than 200 pips from the high of 149.31 made on Monday. Cable has lost more than 250 pips on account weak UK data and Brexit uncertainty. UK CPI Y-o-Y came at 2.4% compared to forecast 2.6% and core CPI...
FxWirePro: EUR/JPY struggles at 200-DMA, close below 5-DMA could see minor weakness
Jul 18, 2018 09:10 am UTC| Technicals
EUR/JPY struggles to extend break above 200-DMA resistance at 131.90. The pair has slipped lower with a shooting star formation at highs. Price has dipped below 5-DMA at 131.10 and is currently at 131.32...
FxWirePro: Silver falls noticeably in European hours, hits lowest level since July 2017
Jul 18, 2018 08:59 am UTC| Technicals
XAG/USD is currently trading around $15.40 marks. It made intraday high at $15.59 and low at $15.37 levels. Intraday bias remains bearish till the time pair holds key resistance at $15.65 mark. A daily close...