
USDCHF trades above 55- day EMA, jump till 0.9975 possible
Aug 23, 2019 11:04 am UTC| Technicals
Major resistance - 0.9860 USDCHF continues to trade higher for 3rd consecutive days and jumped more than 100 pips on declining demand for Safe-haven assets and broad-based US dollar buying. US jobless claims dropped...

FxWirePro: FTSE100 forms double bottom around 7100, good to buy on dips
Aug 23, 2019 10:07 am UTC| Technicals
Ichimoku Analysis (Hourly chart) Tenken-Sen- 7147 Kijun-Sen- 7161 FTSE100 has formed almost a double bottom around 7100 and shown good recovery. The index hits high of 7184 and is currently around...

FxWirePro: GBPJPY holds well above 130 level, jump till 132 likely
Aug 23, 2019 09:07 am UTC| Technicals
Major support - 128.80 GBPJPY has broken major resistance 130 after a long consolidation. The jump was mainly due to a massive jump in GBPUSD of more than 150 pips from low of 1.21084. Any break above 1.2300 will...

FxWirePro: Silver trades flat at $17.00 mark, Fed Chair Powell’s speech in focus
Aug 23, 2019 08:31 am UTC| Technicals
XAG/USD is currently trading around $17.02 marks. It made intraday high at $17.04 and low at $16.96 levels. Intraday bias remains neutral till the time pair holds key support at $16.83 mark. A daily close...

FxWirePro: USD/ZAR trades in narrow range, stay bearish only below 15.12 mark
Aug 23, 2019 07:39 am UTC| Technicals
USD/ZAR is currently trading around 15.19 levels. It made intraday high at 15.25 and low at 15.16 levels. Intraday bias remains slightly bearish till the time pair holds key resistance at 15.40 marks. A...

FxWirePro: Gold declines below $1500 on rising US bond yield, markets eye Jackson hole symposium
Aug 23, 2019 07:10 am UTC| Technicals
Major Support- $1490 Minor intraday resistance - $1508 (200- H MA) Gold is consolidating in a narrow range between $1528 and $1493 for the past three trading days. Markets eye US Fed Chair Powells speech in Jacksons...

FxWirePro: USD/INR jumps above 72.00 mark in opening hours, stay long
Aug 23, 2019 06:08 am UTC| Technicals
USD/INR is currently trading around 71.75 marks. It made intraday high at 72.10 and low at 71.67 marks. Intraday bias remains neutral till the time pair holds key support at 71.50 mark. Key resistances are...