
Jul 20, 2018 06:12 am UTC| Technicals
Chart and candlestick patterns occurred: Hanging man and shooting star patterns have occurred at 148.642 and 148.589 levels, one can observe the bearish sentiments thereafter. Consequently, these bearish patterns plummet...

FxWirePro: EUR/GBP extends gains on diminishing odds of BoE rate hike, eyes 61.8% Fib at 0.9044
Jul 20, 2018 05:31 am UTC| Technicals
EUR/GBP resumes upside, extends gains above 0.89 handle, more upside on cards. The pair is trading at 0.8952 at the time of writing, up 0.08% on the day. Series of poor data continue to dent prospects for the UK,...

FxWirePro: EUR/GBP extends gains on diminishing odds of BoE rate hike, eyes 61.8% Fib at 0.9044
Jul 20, 2018 05:31 am UTC| Technicals
EUR/GBP resumes upside, extends gains above 0.89 handle, more upside on cards. The pair is trading at 0.8952 at the time of writing, up 0.08% on the day. Series of poor data continue to dent prospects for the UK,...

FxWirePro: USD//INR hovers around 69.00 mark, India’s economic data in focus
Jul 20, 2018 05:19 am UTC| Technicals
USD/INR is currently trading around 68.82 marks. It made intraday high at 69.04 and low at 68.82 marks. Intraday bias remains neutral till the time pair holds key resistance at 69.08 mark. Key resistances...

Jul 20, 2018 05:02 am UTC| Technicals
Minor recovery attempts in GBP/CHF do little to change the trend as bias remains bearish. Series of poor data continue to dent prospects for the UK, casting doubt on future rate hikes to come. GBP/CHF hovers...

FxWirePro: Aussie slides on massive yuan devaluation, good to short AUD/JPY on break below 20-DMA
Jul 20, 2018 03:48 am UTC| Technicals
Australian dollar is taking a hit after PBOCs devaluation of yuan by most since June 2016. The PBOC raised the yuan reference rate by 605 pips to 6.7671 today - the biggest single-day jump in over two...

FxWirePro: Nikkei Daily Outlook
Jul 20, 2018 03:44 am UTC| Technicals
Asian markets are trading lower on account of devaluing yuan. US equities was trading lower due to lukewarm corporate earnings report. US market has closed marginal lower with Dow Jones at 2564 (0.53% lower) and SP500 2804...