
FxWirePro: Silver hits fresh 5-month low at $14.49 mark, good to sell on rallies
May 17, 2019 01:20 am UTC| Technicals
XAG/USD is currently trading around $14.50 marks. It made intraday high at $14.54 and low at $14.49 levels. Intraday bias remains bearish for the moment. A daily close above $14.52 will test key resistances...

May 16, 2019 19:52 pm UTC| Technicals
SP500 has halted its 2- week losing streak and jumped more than 3% on strong earnings and upbeat US economic data. US initial jobless claims has fallen to 212K compared to forecast of 220K. US housing starts rose 5.7% to...

May 16, 2019 14:27 pm UTC| Research & Analysis Central Banks Technicals
The Mexican central bank (Banxico) should again leave its key rate unchanged at 8.25% at tonights meeting. Due to weak growth and lower inflation rates, some expect Banxico to cut interest rates this year. But it is much...

FxWirePro: AUD/CAD breaks strong trendline support at 0.9340, bias lower
May 16, 2019 13:24 pm UTC| Technicals
AUD/CAD chart - Trading View AUD/CAD has broken strong trendline support at 0.9340, bias lower. Near-term trend in the pair has shown a shift as indicated by GMMA indicator. Recovery attempts capped at...

DAX breaks minor trend line resistance, jump till 12350 likely
May 16, 2019 13:22 pm UTC| Technicals
DAX has halted its 10 day of weakness and shown a more than 3% jump from low of 11839. The weakness was mainly due to renewed trade tension between US and China. US President Trump has delayed auto tariff on European car...

Crypto Technicals: Bitcoin Gold consolidates below 61.8% Fib, 'Golden Cross' keeps bias bullish
May 16, 2019 11:34 am UTC| Digital Currency Technicals
BTG/USD chart - Trading View Exchange - Binance Support: 17.6586 (50-DMA); Resistance: 25.7401 (61.8% Fib) Technical Analysis: Bias Bullish Bitcoin Gold trades 3.5% lower at 23.5393 at 11:20 GMT The pair has...

USDCAD declines on steel and aluminium tariff news, markets eye Canadian manufacturing sales
May 16, 2019 11:04 am UTC| Technicals
USDCAD trades lower and lost nearly 90 pips from high 1.34935 on account of easing trade tension. US Treasury Secretary Mnuchin said that US and Canada trade official is in talks to resolve steel and aluminium tariff....
How the US–India tariff truce boosts major Indian industries, Surat to Pharma