FxWirePro: AUD/USD hits 2-week lows below 0.74 handle, dip till 0.7290 likely
Jul 18, 2018 07:33 am UTC| Technicals
AUD/USD trades weak on the day as the greenback remains buoyed after Powells optimistic testimony. Powells comments, during the semiannual congressional testimony, suggested that lingering trade tensions will not...
FxWirePro: Gold trades lower as US 2- year yield trading near 10- year high , dip till $1200 likely
Jul 18, 2018 07:12 am UTC| Technicals
Overall trend - bearish Gold is trading lower and has declined more than $20 on account of rising yield and strong US dollar index. DXY rose more than 100 pips from the low of 94.30. US 2-year yield hits 10 year high at...
FxWirePro: Gold trades lower as US 2- year yield trading near 10- year high , dip till $1200 likely
Jul 18, 2018 07:12 am UTC| Technicals
Overall trend - bearish Gold is trading lower and has declined more than $20 on account of rising yield and strong US dollar index. DXY rose more than 100 pips from the low of 94.30. US 2-year yield hits 10 year high at...
FxWirePro: ETH/EUR resumes upside after 'channel breakout', on track to test 110-EMA, stay long
Jul 18, 2018 07:12 am UTC| Digital Currency Technicals
ETH/EUR is extending gains after showing a break above channel top, bias higher. The pair is trading 1.21% higher on the day, at 432 at the time of writing. Technical indicators on intraday charts are bullish....
FxWirePro: South African rand trades marginally lower ahead of CPI, core CPI data
Jul 18, 2018 07:11 am UTC| Technicals
USD/ZAR is currently trading around 13.31 levels. It made intraday high at 13.33 and low at 13.25 levels. Intraday bias remains bullish till the time pair holds key support at 13.16 marks. A daily close...
FxWirePro: BTC/EUR breaks above 6000 mark, momentum with the bulls, stay long on dips
Jul 18, 2018 06:24 am UTC| Digital Currency Technicals
BTC/EUR has shown a break above 6000 mark as the pair extends gains for 5th straight session. Price action has broken out of slopping channel pattern raising scope for bullish reversal. The pair has edged into...
FxWirePro: USD/CNY jumps above 6.7100 mark, PBOC sets yuan mid-point at 6.6914
Jul 18, 2018 06:19 am UTC| Technicals
USD/CNY is currently trading around 6.7093 marks. It made intraday high at 6.7148 and low at 6.6959 levels. Intraday bias remains bullish till the time pair holds key support at 6.6700 mark. A sustained...