
Sep 26, 2018 03:21 am UTC| Technicals
Major resistance- $1217 The major three factors that drive gold prices US dollar Index: Slightly bearish. DXY has formed a double top around 94.37 and started to decline from that level. The index is facing...

FxWirePro: Nikkei hovers near 8-month high, markets eye US fed monetary policy
Sep 26, 2018 03:05 am UTC| Technicals
Asian marketsis trading flat with Nikkei trading near 8-month high. Markets eye US fed monetary policy. Investors expect fed to hike rate by 25bpbs. US 10 year bond yield trades higher and hovers near seven year high....

FxWirePro: Singapore dollar trades marginally higher ahead of manufacturing output data
Sep 26, 2018 02:21 am UTC| Technicals
USD/SGD is currently trading around 1.3652 marks. It made intraday high at 1.3663 and low at 1.3651 levels. Intraday bias remains neutral till the time pair holds key resistance at 1.3675 marks. A daily...

FxWirePro: EUR/KRW trades flat at 1,310 mark, stay neutral
Sep 26, 2018 01:49 am UTC| Technicals
EUR/KRW is currently trading around 1,312 mark. Pair made intraday high at 1,313 and low at 1,311 levels. Intraday bias remains neutral for the moment. A sustained close above 1,315 will take the parity...

FxWirePro: Kiwi strengthens in early Asia after mixed economic data
Sep 26, 2018 01:24 am UTC| Technicals
AUD/NZD is currently trading around 1.0890 marks. Pair made intraday high at 1.0921 and low at 1.0862 marks. Intraday bias remains slightly bearish till the time pair holds key resistance at 1.0930 mark. A...

Sep 25, 2018 12:52 pm UTC| Technicals
Chart and candlestick pattern:NZDJPYforms gravestone doji and shooting star 75.174 and 74.904 levels. Double bottom pattern, with bottom 1 at 72.353 and bottom 2 at 72.254 levels (refer daily chart). Consequently, the...

Sep 25, 2018 12:20 pm UTC| Technicals
GBP/USD halted its bearishness after a huge sell-off of more than 200 pips on Sep 21st2018 after top EU officials rejected Theresa May chequer Brexit plan. The pair has recovered almost 100 pips from the low of 1.30556....