
FxWirePro: GBP/JPY downside capped by 200- day MA, good to buy on dips
May 02, 2018 10:45 am UTC| Technicals
GBP/JPY has shown a minor recovery of almost 100 pips from low of 149.14 and hits intraday high of 149.91. GBP was trading slightly higher after declining almost 786 pips on account of positive UK economic data. UK...

May 02, 2018 10:40 am UTC| Technicals
AUD/CAD pauses downside at 0.96 handle, bias still bearish. Dovish RBA continues to weigh on the Aussie. Thursday will bring Trade Balance data for Australia at 01:30 GMT. The pair has broken below 200W SMA and...

FxWirePro: ETH/EUR bounces off 110-EMA, stay long above 575
May 02, 2018 10:26 am UTC| Technicals
ETH/EUR downside capped at 110-EMA, the pair has bounced off from lows at 520. The pair is trading with a bullish momentum and decisive close above 110-EMA has raised scope for test of 38.2% Fib at 621...

FxWirePro: Swedish krona falls gradually against euro, good to buy on dips
May 02, 2018 08:09 am UTC| Technicals
EUR/SEK is currently trading around 10.6217 levels. It made intraday high at 10.6259 and low at 10.5887 levels. Intraday bias remains bullish for the moment. A daily close above 10.6078 is required to take...

FxWirePro: Silver moves in rigid boundaries, faces immediate support at $16.26 mark
May 02, 2018 07:24 am UTC| Technicals
XAG/USD is currently trading around $16.30 marks. It made intraday high at $16.32 and low at $16.12 levels. Intraday bias remains neutral till the time pair holds key resistance at $16.32 mark. Since last 5...

FxWirePro: Gold trades weak on easing geo political tensions, good to sell on rallies
May 02, 2018 07:21 am UTC| Technicals
Gold has shown a $10 recovery after hitting low of $1301.70 level. The yellow metal weakness was mainly due to easing geo political tensions especially North Korea. The huger jump in US dollar index till 92.57 after...

May 02, 2018 07:01 am UTC| Technicals
FxWirePro Currency Strength Index for NZD/CAD: Bias Bearish FxWirePros Hourly NZD Spot Index was at -128.524(Neutral) FxWirePros Hourly CAD Spot Index was at 125.561 (Bearish) Technical Analysis: Bias Bearish -...