
Aug 27, 2019 10:37 am UTC| Technicals
Major resistance -11850 DAX is consolidating in a narrow range for the past 10 trading days between 11250 and 11849. The overall sentiment of the market is weak due to ongoing trade war issues. The economy of...

FxWirePro: XAG/USD hovers around $17.70 mark, stay bullish only above $17.75 mark
Aug 27, 2019 08:30 am UTC| Technicals
XAG/USD is currently trading around $17.68 marks. It made intraday high at $17.75 and low at $17.61 levels. Intraday bias remains neutral till the time pair holds key resistance at $17.75 mark. A daily close...

FxWirePro: Gold declines slightly on profit-booking, good to buy on dips
Aug 27, 2019 07:47 am UTC| Technicals
Gold has halted its 4-week of a bullish trend and shown a decline of more than $30 on profit booking. The slight easing of trade war tension between the US and China is putting pressure on Safe-haven demand assets like yen...

FxWirePro: South African rand trades almost flat at 15.30 mark against U.S. dollar, stay neutral
Aug 27, 2019 06:28 am UTC| Technicals
USD/ZAR is currently trading around 15.30 levels. It made intraday high at 15.32 and low at 15.24 levels. Intraday bias remains neutral for the moment. A daily close above 15.46 will take the parity...

FxWirePro: Nikkei recovers on easing trade tension, good to sell on rallies
Aug 27, 2019 06:25 am UTC| Technicals
Major resistance- 20800 Major support - 19900 Nikkei has regained sharply following the footsteps of global peers on slight easing of US-China trade tension. The US 10 year bond yield has recovered more than...

FxWirePro: USD/CNY stabilizes above 7.16 mark, sustained close above targets 7.2095 mark
Aug 27, 2019 06:15 am UTC| Technicals
USD/CNY is currently trading around 7.1590 marks. It made intraday high at 7.1638 and low at 7.1424 levels. Intraday bias remains bullish for the moment. A sustained close above 7.1503 marks will test key...

Aug 27, 2019 05:47 am UTC| Technicals
Technical Chart and Candlestick Patterns:BothUSDCADminor and major uptrends test trendline supports, consequently, attempt to bounce back above DMAs and EMAs. But, there has been adisplay of candlesticks such...