FxWirePro: USD/CNY jumps above 6.70 mark, PBOC sets yuan mid-point at 6.6726
Jul 12, 2018 06:49 am UTC| Technicals
USD/CNY is currently trading around 6.6895 marks. It made intraday high at 6.7020 and low at 6.6763 levels. Intraday bias remains bullish for the moment. A sustained close above 6.6801 marks will test key...
FxWirePro: GBP/JPY trades above 148 level on weak yen, jump till 150 likely
Jul 12, 2018 06:24 am UTC| Technicals
GBP/JPY has jumped sharply more than 130 pips yesterday on account of weak yen. The yen was trading weak especially against US dollar.GBP is continuing its weakness for third consecutive days on Brexit uncertainty. The...
Jul 12, 2018 06:08 am UTC| Technicals
USD/INR is currently trading around 68.55 marks. It made intraday high at 68.80 and low at 68.46 marks. Intraday bias remains slightly bearish for the moment. Key resistances are seen at 68.99, 69.18, 69.52...
Jul 12, 2018 06:04 am UTC| Technicals
AUD/USD consolidates previous sessions slump, trades 0.23% higher on the day at 0.7383 at the time of writing. Aussie dollar to remain under pressure amid rising US-China trade war fears. On the other side, we...
Jul 12, 2018 05:46 am UTC| Technicals
USDJPY has broken out a stiff resistance zone of 110.922 111.352 levels decisively on Wednesdays trade as markets nudge trade wars tormentor. The pair is currently extending its gains to 6-months highs, currently...
FxWirePro: AUD/CHF rejected at 21W EMA, breach at 0.7285 support could see further weakness
Jul 12, 2018 05:06 am UTC| Technicals
AUD/CHF is consolidating previous sessions slump, trades slightly higher on the day at 0.7348 at the time of writing. Price action was rejected at daily cloud, and remains below daily cloud and major moving...
FxWirePro: USD/JPY spikes past 112 handle as yen loses safe haven appeal, eyes 78.6% Fib at 112.57
Jul 12, 2018 04:17 am UTC| Technicals
USD/JPY has spiked past 112 handle on Wednesdays trade as markets brush off trade wars angst. Yen is losing its safe-haven appeal as markets seem to trust Trumps move on imposing tariffs on Chinese goods. The...