
Dec 10, 2018 05:36 am UTC| Technicals
Technical analysis (chart and candlestick patterns occurred):On daily plotting ofGBPJPY, bearish engulfing, shooting star, hanging man and spinning top patterns have countered the previous bullish trend to form double top...

FxWirePro: USD/JPY opens the week with a bearish bias, break below 110-EMA to see further declines
Dec 10, 2018 05:06 am UTC| Technicals Research & Analysis
USD/JPY chart on Trading View used for analysis USD/JPY has started the week on a backfoot, trades 0.26% lower on the day at 112.39 at the time of writing. The pair is extending weakness on the back of an...

FxWirePro: Nikkei trades lower on US-China tension, good to sell on rallies
Dec 10, 2018 03:57 am UTC| Technicals
Asian marketsis showing major weakness following footsteps of Wall Street. US markets has lost sharply on Friday with Dow Jones 24389 (2.24% lower), SP500 2633 (2.33% lower) following slight weaker than expected US Non...

FxWirePro: USD/THB trades in narrow range, bias remains neutral
Dec 10, 2018 03:28 am UTC| Technicals
USD/THB is currently trading around 32.80 marks. It made intraday high at 32.86 and low at 32.78 marks. Intraday bias remains neutral till the time pair moves in stiff boundaries from 32.90 to 32.70...

FxWirePro: Go long on XAG/USD only above $14.62 with stop loss at $14.51 and target of $14.78
Dec 10, 2018 03:02 am UTC| Technicals
XAG/USD is currently trading around $14.58 marks. It made intraday high at $14.62 and low at $14.48 levels. Intraday bias remains neutral till the time pair holds key resistance at $14.62 mark. A daily close...

FxWirePro: USD/SGD hovers around 1.3700 mark, faces key resistance at 1.3722 mark
Dec 10, 2018 02:43 am UTC| Technicals
USD/SGD is currently trading around 1.3695 marks. It made intraday high at 1.3715 and low at 1.3692 levels. Intraday bias remains neutral for the moment. A daily close above 1.3701 will test key resistances...

FxWirePro: EUR/KRW stabilizes above 1,280 mark, consistent close above requires for upside rally
Dec 10, 2018 01:58 am UTC| Technicals
EUR/KRW is currently trading around 1,283 mark. It made intraday high at 1,284 and low at 1,279 levels. Intraday bias remains bullish till the time pair holds key support at 1,270 mark. A sustained close...