
FxWirePro: Gold hits 5-week low on increasing risk sentiment, good to sell on rallies
Mar 05, 2019 06:41 am UTC| Technicals
Gold is trading weak for past 2 week after hitting high of $1346.67 on US dollar strength and gaining US bond yield. Gold was one the best performer in Jan and has jumped more than $50 on account of dovish Fed and global...

Mar 05, 2019 06:35 am UTC| Technicals
USD/CNY is currently trading around 6.6971 marks. It made intraday high at 6.7068 and low at 6.6963 levels. Intraday bias remains bearish till the time pair holds key resistance at 6.7100 marks. A sustained...

FxWirePro: EUR/CHF Daily Outlook
Mar 05, 2019 06:29 am UTC| Technicals
EUR/CHF chart - Trading View EUR/CHF trades rangebound at 1.1323 at 0555 GMT. The pair is consolidating break below 55-EMA, holds support at 50% Fib. Technical bias bearish. Stochs and RSI are biased lower and RSI...

Mar 05, 2019 06:06 am UTC| Technicals
Technical Chart and Candlestick Patterns:USDCADhas shown its bearish effects as stated in our previous posts upon the formations of hanging man and bearish engulfing candles at 1.3637 and 1.3370 respectively. Consequently,...

FxWirePro: Indian rupee rises on higher than expected services PMI data
Mar 05, 2019 05:36 am UTC| Technicals
USD/INR is currently trading around 70.83 marks. It made intraday high at 70.97 and low at 70.71 marks. Intraday bias remains slightly bearish for the moment. Key resistances are seen at 71.02, 71.18, 71.50,...

FxWirePro: NZD/USD slips below 55-DMA on weak China data, dip till 100-DMA likely
Mar 05, 2019 05:26 am UTC| Technicals
NZD/USD chart - Trading View NZD/USD trades at 0.6794 at 0455 GMT, down 0.33% at the time of writing. The pair has slipped below 55-EMA and technical indicators support further weakness. Negative news out...

FxWirePro: AUD/USD depressed below 0.71 handle post-RBA, dismal China PMI data weighs
Mar 05, 2019 04:19 am UTC| Technicals
AUD/USD chart - Trading View AUD/USD is trading 0.27% lower on the day at 0.7072 at 0400 GMT. The major fell sharply on big miss in China PMI data, and failed to pick up bids post RBA. Data released earlier...