FxWirePro: Gold Intraday Trade
Jul 17, 2018 06:46 am UTC| Technicals
Overall trend - bearish Intra day trend Bullish Gold is consolidating after huge selling of almost more than $30 in previous week. The main reason for fall is strong US dollar index and weak yen. The yellow metal...
Jul 17, 2018 06:28 am UTC| Technicals
Chart and candlestick patterns occurred: shooting star has occurred at 1.3256 levels where stiff resistance is observed at 1.3302 levels (refer 4H chart), one can observe the bearish sentiments on failure swings at that...
Jul 17, 2018 06:28 am UTC| Technicals
Chart and candlestick patterns occurred: shooting star has occurred at 1.3256 levels where stiff resistance is observed at 1.3302 levels (refer 4H chart), one can observe the bearish sentiments on failure swings at that...
FxWirePro: AUD/JPY holds break above 110-EMA at 83.12, weakness only on break below
Jul 17, 2018 06:27 am UTC| Technicals
AUD/JPY is extending consolidation after break above 110-EMA, bias higher. Technical indicators on daily charts are bullish, Stochs show bullish momentum and RSI shows strength above 60. Price action has edged...
Jul 17, 2018 06:17 am UTC| Technicals
USD/INR is currently trading around 68.30 marks. It made intraday high at 68.40 and low at 68.21 marks. Intraday bias remains neutral till the time pair holds key support at 68.15 mark. Key resistances are...
FxWirePro: NZD/JPY breaks above 55-EMA at 76.21, eyes major trendline resistance at 77.10
Jul 17, 2018 05:28 am UTC| Technicals
Kiwi buoyed after RBNZs preferred measure of core inflation hit a 7-year high. Data released earlier today showed NZ Q2 CPI data that arrived at 0.4% and slightly lower than the 0.5% expected. RBNZs preferred...
FxWirePro: Nikkei trades higher on weak yen and easing crude oil price, good to buy on dips
Jul 17, 2018 05:20 am UTC| Technicals
Asian markets are trading slightly lower excluding Nikkei rose more than 0.5% on account of weak yen and easing crude oil prices. WTI crude lost more than $2 yesterday after US treasury department eases Iran sanctions. US...