
FxWirePro: NZD/CAD struggles at 21-EMA, good to go long on break above
Jul 20, 2018 07:23 am UTC| Technicals
NZD/CAD finds stiff resistance at 21-EMA at 0.8963, the pair is struggling to break above. Momentum studies are bullish and RSI is nicely converging to price action. The pair is trading in a Symmetric Triangle...

Jul 20, 2018 07:20 am UTC| Technicals
USD/CNY is currently trading around 6.7735 marks. It made intraday high at 6.8105 and low at 6.7659 levels. Intraday bias remains bullish till the time pair holds key support at 6.7160 mark. A sustained...

Jul 20, 2018 07:07 am UTC| Technicals
GBP/JPY has shown a further weakness yesterday and lost almost 140 pips on account of weak UK economic data.UK economic data released this week was weaker than expected. UK CPI, wage growth and UK retail sales all three...

Jul 20, 2018 07:07 am UTC| Technicals
GBP/JPY has shown a further weakness yesterday and lost almost 140 pips on account of weak UK economic data.UK economic data released this week was weaker than expected. UK CPI, wage growth and UK retail sales all three...

FxWirePro: Bearish divergence and overbought conditions signal possible correction in USD/JPY
Jul 20, 2018 06:53 am UTC| Technicals
USD/JPY closed overnights trade below 113 handle after Dollar-Bearish comments from US President Donald Trump. Trump voiced dissatisfaction with the current pace of Fed rate hikes and strongly hinted that he would...

Jul 20, 2018 06:31 am UTC| Technicals
Overall trend - bearish Gold has shown a minor recovery after hitting low of $1211 on account of slight recovery in USD strength. It hits low of $1229.70 and is currently trading around $1221.85. The major three...

FxWirePro: XAG/USD rejects key support at $15.15 mark, short term trend reversal likely
Jul 20, 2018 06:22 am UTC| Technicals
XAG/USD is currently trading around $15.34 marks. It made intraday high at $15.35 and low at $15.22 levels. Intraday bias remains bullish till the time pair holds key support at $15.22 mark. A daily close...