
FxWirePro: South Korean won trades flat in early Asia, stay neutral
Dec 17, 2018 01:20 am UTC| Technicals
EUR/KRW is currently trading around 1,279 mark. It made intraday high at 1,280 and low at 1,279 levels. Intraday bias remains neutral till the time pair holds key support at 1,275 mark. A sustained close...

Dec 14, 2018 11:59 am UTC| Technicals
Pattern formed- Falling wedge USDCHF is consolidating in narrow range between 0.98628 and 0.99700for past four trading days. Markets shown a recovery after dovish SNB monetary statement.SNB has kept its target range...

Dec 14, 2018 11:46 am UTC| Technicals
EURUSDtumbles below 1.13 levels today, the weakness of this pair is observed on the occurrence of shooting star, bearish engulfing and gravestone doji pattern candlesticks at the stiff resistance zone (i.e. 1.1466 - 1.1501...

FxWirePro: USD/CAD trades higher on broad-based US dollar buying, good to buy on dips
Dec 14, 2018 10:48 am UTC| Technicals
USD/CAD has once again recovered after showing a minor decline yesterday. US jobless claims declined sharply to 206000 compared to forecast of 226000 and US CPI came flat compared to previous month of 0.3% and annualized...

FxWirePro: DXY recovers sharply from 20-day MA, any bullishness only bove 97.75
Dec 14, 2018 10:10 am UTC| Technicals
Major support- 96.85 (20- day MA) DXY was trading higher for 2ndconsecutive day. The index hits low of 96.88 and shown a good recovery of 70 pips and it has also broken recent high of 97.55 made on Dec 11th2018.It...

FxWirePro: EURUSD trades below 1.1300 on weak Eurozone PMI data, good to sell on rallies
Dec 14, 2018 09:32 am UTC| Technicals
EUR/USD has once again declined sharply after a a jump till 1.13933 level. ECB has kept its interest rates unchanged and confirmed that they will end QE at end of the month. They will be reinvesting the redemption. ECB...

Dec 14, 2018 09:13 am UTC| Research & Analysis Technicals
EURJPYhas shown considerable price rallies upon below mentioned patterns, the trend seems to be little weaker for today. Technical chart and candlestick patterns formed Hammer pattern candles pop-up at 127.574 and...