
FxWirePro:GBP/USD holds steady above 1.2950 level, markets wait for next step in Brexit
Feb 08, 2019 11:41 am UTC| Technicals
Cable declined till 1.2850 yesterday after BOE monetary policy. The central bank has kept its rates unchanged and has cut its growth forecast to 1.2% from 1.7% due of Brexit uncertainty. But GBPUSD recovered sharply more...

FxWirePro: USD/CHF consolidates in narrow range, any break above 1.0030 confirms further bullishness
Feb 08, 2019 10:02 am UTC| Technicals
USDCHF is consolidate in narrow range between 1.000 and 1.00288 level for past two trading session. DXY has rebounded sharply more than 150 pips and broken major resistance 96.68 on account of broad based US dollar buying....

FxWirePro:Sell CHFJPY on rallies
Feb 08, 2019 09:14 am UTC| Technicals
Tenken-Sen- 109.51 Kijun-Sen - 109.61 CHFJPY is trading in narrow range between 110.04 and 109.41 for past three trading day. It hits intraday high of 109.64 and is currently trading around 109.59. The...

Feb 08, 2019 08:27 am UTC| Technicals
Take a Glance at Technical analysis:CADJPYhas been sliding further below 7-DMAs ever since the formation of hanging man and bearish engulfing patterns at peaks of rallies. Bearish engulfing at 82.758 and 82.456 levels...

FxWirePro: Silver enjoys roller coaster movement, stay bearish only below $15.62 mark
Feb 08, 2019 07:34 am UTC| Technicals
XAG/USD is currently trading around $15.64 marks. It made intraday high at $15.73 and low at $15.64 levels. Intraday bias remains slightly bearish till the time pair holds key resistance at $15.72 mark. A...

FxWirePro: USD/ZAR touches 13.70 mark, sustained close above requires for upside rally
Feb 08, 2019 07:11 am UTC| Technicals
USD/ZAR is currently trading around 13.67 levels. It made intraday high at 13.70 and low at 13.58 levels. Intraday bias remains bullish till the time pair holds key support 13.50 mark. A daily close above...

FxWirePro: Gold recovers despite strength in US dollar, good to buy on dips
Feb 08, 2019 06:37 am UTC| Technicals
Gold has recovered slightly despite strength in dollar shows that demand for safe haven assets increasing. The yellow metal jumped more $50 in month of Jan on account of dovish Fed and global uncertainty. The major...