
Apr 24, 2018 07:24 am UTC| Technicals
As you could refer daily plotting of NZDUSD, the bears resume again in the minor trend especially after the failure swings at the channel resistance and tumbled towards channel supports. The failure swings at channel...

FxWirePro: GBP/JPY Daily Outlook
Apr 24, 2018 07:19 am UTC| Technicals
GBP/JPY has shown a good recovery of more than 100 pips from Fridays low of 150.68 on account weak Yen. The yen was trading weak against all majors from Friday on account of easing geo political tensions and increase of...

FxWirePro: USD/JPY pauses shy of 100-DMA at 108.98, break above to see further upside
Apr 24, 2018 06:55 am UTC| Technicals
USD/JPY consolidates previous sessions gains. Greenback continues to be bolstered by rising US Treasury yields. Further, risk-on after several weeks of tensions over the Middle East and the US-China trade spat also...

FxWirePro: USD/CNY hits fresh 5-week high at 6.3196, PBOC sets yuan mid-point at 6.3229
Apr 24, 2018 06:44 am UTC| Technicals
USD/CNY is currently trading around 6.3098 marks. It made intraday high at 6.3196 and low at 6.3096 levels. Intraday bias remains slightly bearish for the moment. A sustained close above 6.3150 marks will...

FxWirePro: Gold trades slightly lower on strong US. dollar, good to sell on rallies
Apr 24, 2018 06:38 am UTC| Technicals
Gold declined almost more than $15 from yesterday high of $1335.99 on account of strong US Dollar and easing tensions in Middle East and Korea. The easing geo political tensions has reduced demand for safe haven assets...

FxWirePro: Indian rupee strengthens against U.S. dollar, stay bullish only above 66.60 mark
Apr 24, 2018 05:55 am UTC| Technicals
USD/INR is currently trading around 66.35 marks. It made intraday high at 66.60 and low at 66.34 marks. Intraday bias remains bearish till the time pair holds key resistance at 66.60 mark. Key resistances...

FxWirePro: Nikkei recovers more than 1% on account of weak yen, good to buy on dips
Apr 24, 2018 05:51 am UTC| Technicals
Nikkei recovered more than 1% from yesterday low on account of weak yen. The yen declined sharply against all majors on easing geo political tensions. US markets Dow jones and SP500 has closed flat around 0.01%. US futures...