
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....

May 16, 2019 10:59 am UTC| Digital Currency Technicals
ETH/USD chart - Trading View Exchange - Coinbase Support: 220 (5-DMA) ; Resistance: 300 Technical Analysis: Bias Bullish ETH/USD is trading largely unchanged at 248 at 10:45 GMT The pair has edged lower from...

FxWirePro: Buy EURUSD above 1.12250
May 16, 2019 10:14 am UTC| Technicals
EURUSD trades slightly above 1.1200 level on account weak US retails sales and delay in auto tariff on European cars. President Trump has said that US will delay auto tariff on European car imported by 6 month.It hits high...