
FxWirePro: EURUSD faces strong resistance around 1.12650, any bullishness only above that level
Jun 04, 2019 06:04 am UTC| Technicals
EURUSD trades higher for 3rdconsecutive day and jumped more than 130 pips on account of declining US yield. US 10 year yield is trading lower and hits fresh 21-month low at 2.05%. The yield curve inverted which signals...

FxWirePro: Gold Short term outlook
Jun 04, 2019 05:36 am UTC| Technicals
US Dollar Index -Trend negative .US Dollar index is trading lower for 3rdconsecutive days and lost more than 100 pips. Any break below 97 will take the index down till 96.75/95.95. US 10 year yield- Overall trend...

Jun 04, 2019 05:18 am UTC| Technicals
AUD/USD chart - Trading View The Reserve Bank of Australia (RBA) announced a 25 basis points (bps) cut to its benchmark cash rate as widely expected. The rate cut was fully priced in and the Aussie remained bid after...

FxWirePro: Taiwanese dollar depreciates in early Asia, short term trend reversal likely
Jun 04, 2019 04:07 am UTC| Technicals
USD/TWD is currently trading around 31.43 marks. It made intraday high at 31.49 and low at 31.35 marks. Intraday bias remains bullish till the time pair holds key support at 31.35 marks. A daily close above...

FxWirePro: USD/JPY on track to test 61.8% Fib at 107.61, weak U.S. manufacturing PMI weighs
Jun 04, 2019 04:03 am UTC| Technicals
USD/JPY chart - Trading View USD/JPY is trading weaker on the day, down 0.05% at 108.01 at 03:55 GMT. The pair is consolidating previous sessions slump, bias remains bearish. Poor U.S. Manufacturing PMI index...

FxWirePro: Nikkei trades lower following footsteps of Wall Street, good to sell on rallies
Jun 04, 2019 03:58 am UTC| Technicals
Nikkei continues to trade lower on recession fear.US markets is trading weak for past 2-week and lost more than 5% due trade war.US ISM manufacturing data came at 52.1 compared to forecast of 53 lowest level in 31 months....

FxWirePro: USD/SGD remains well supported above 1.3650 mark, good to sell on rallies
Jun 04, 2019 03:01 am UTC| Technicals
USD/SGD is currently trading around 1.3678 marks. It made intraday high at 1.3687 and low at 1.3658 levels. Intraday bias remains slightly bullish for the moment. A daily close above 1.3666 will test key...