
FxWirePro: USD/ZAR exhibits range bound movement, South Africa’s trade balance in focus
Oct 31, 2018 08:12 am UTC| Technicals
USD/ZAR is currently trading around 14.66 levels. It made intraday high at 14.69 and low at 14.56 levels. Intraday bias remains neutral for the moment. A daily close above 14.71 will take the parity...

FxWirePro: AUD/USD subdued below 0.71 handle, dismal Australia Q3 CPI data weighs
Oct 31, 2018 07:58 am UTC| Technicals Research & Analysis
AUD/USD chart on Trading View used for analysis AUD/USD is trading 0.17% lower at 0.7092 at the time of trading. Disappointing Australian CPI and Chinese manufacturing PMI reports continue to weigh down on the...

Oct 31, 2018 07:47 am UTC| Technicals
EUR/USD continues to trade weak after weaker than Eurozone economic data. Eurozone GDP came at 0.2% compared to forecast of 0.4% and yoy growth slowed to 1.7% from 2.2% in the second quarter. US consumer board consumer...

Oct 31, 2018 07:39 am UTC| Technicals Insights & Views
We kept reiterating from last couple of months that the AUDJPY bearish prospects in the major trend quite often even when bulls hastily displayed some upswings. Well, dear readers, before we proceed further with the...

FxWirePro: Chinese yuan trades flat despite lower than expected manufacturing PMI data
Oct 31, 2018 06:59 am UTC| Technicals
USD/CNY is currently trading around 6.9671 marks. It made intraday high at 6.9678 and low at 6.9627 levels. Intraday bias remains neutral for the moment. A sustained close above 6.9662 marks will test key...

FxWirePro: Gold trades lower on strong dollar on rising US bond yield, good to sell on rallies
Oct 31, 2018 06:13 am UTC| Technicals
Gold is trading slightly weak and lost more than $25 from high of $1243.It is trading slightly below 89 day EMA on account of strong US dollar and rising 10-year US bond yield. The major three factors that drive gold...

FxWirePro: NZD/CAD struggles at 55-EMA, further upside only on break above
Oct 31, 2018 06:05 am UTC| Technicals Research & Analysis
NZD/CAD chart on Trading View used for analysis NZD/CAD fails to hold break above 55-EMA on Tuesdays trade. The pair is extending grind higher for the 5th straight session, momentum still with the...