
FxWirePro: USD/THB hovers around key support at 31.21 mark, Thailand’s repo rate decision in focus
Feb 06, 2019 01:16 am UTC| Technicals
USD/THB is currently trading around 31.23 marks. It made intraday high at 31.26 and low at 31.21 marks. Intraday bias remains neutral till the time pair holds key support at 31.21 mark. On the top side, key...

Feb 05, 2019 13:40 pm UTC| Technicals
After a huge sell-off of more than 250 points FTSE100 is trading higher for 6thconsecutive day following footsteps of Wall Street. SP500 was trading higher for 4thconsecutive day and hits 2-month high supported by better...

Feb 05, 2019 13:11 pm UTC| Technicals
Major resistance- 1.0010 USDCHF is trading higher for 3rdconsecutive day and jumped nearly 90 pips from the low. DXY is rebounding after better than expected US Non farm payroll data. But US and China trade talks...

Feb 05, 2019 13:08 pm UTC| Technicals
SP500 continues to trade higher in Feb after 7.9% jump in the month of Jan best month since 1989. The index jump was mainly due to better corporate earnings by tech companies and dovish Fed.US Fed was more dovish and...

Feb 05, 2019 12:01 pm UTC| Research & Analysis Technicals
Technical Glance:OnWTI crude daily chart, the recent rallies have bounced above 7DMAs upon the formation of the bullish engulfing pattern at $46.57 levels but were restrained below stiff resistance zone of $54.79 - $55.79...

FxWirePro: DAX forms ascending triangle pattern, any break above 11325 confirm further bullishness
Feb 05, 2019 11:33 am UTC| Technicals
Major support - 11060 (300- H EMA) DAX has jumped more than 250 points after taking support near 300- H EMA following footsteps of Wall Street. SP500 was trading for 6thconsecutive day and hits 2-month high after...

FxWirePro: CHFJPY upside capped by trend line resistance, good to sell on rallies
Feb 05, 2019 11:30 am UTC| Technicals
Ichimoku Analysis (4 hours chart) Kijun-Sen- 110.11 Tenken-Sen- 109.73 CHFJPY has shown a minor recovery from 109.12 and jumped till 110.34.The pair is facing strong resistance near trend line and any...