
May 14, 2018 05:56 am UTC| Technicals
EURUSD rallies are spiking above DMAs ever since dragonfly doji occurred at 1.1856 levels, for now, more upswings seem to be likely on bullish DMA and MACD crossovers (refer daily plotting). The pair in the recent past...

FxWirePro: Gold upside capped by 38.2% fibo, good to sell on rallies
May 14, 2018 04:23 am UTC| Technicals
Gold formed almost a double bottom at $1303 in the weekly chart and shown a good jump from that level. It has jumped till $1325.89 and is currently trading around $1320.50. The slight jump in yellow metal has been...

FxWirePro: AUD/USD struggles at 21-EMA, good to go long on decisive break above
May 14, 2018 04:09 am UTC| Technicals
Aussie is trying to extend last weeks recovery, AUD/USD trades 0.19% higher on the day at 0.7556 levels. The pair is struggling at 21-EMA at 0.7571 and decisive break above could see further upside. Focus on...

FxWirePro: USD/TWD trades in narrow range, consistent close above 29.76 requires for upside rally
May 14, 2018 03:56 am UTC| Technicals
USD/TWD is currently trading around 29.72 marks. It made intraday high at 29.78 and low at 29.68 marks. Intraday bias remains neutral for the moment. A daily close above 29.76 will drag the parity up towards...

FxWirePro: Nikkei trades higher as US- China trade war ease, good to buy on dips
May 14, 2018 03:20 am UTC| Technicals
Asian markets are trading positive after a minor jump in US futures on Trump China tweet yesterday. President Donald Trump twitted that it will all work out and also pledged to help Chinese telecom company ZTE corp to get...

FxWirePro: USD/THB remains well supported below 32.00 mark, good to buy on dips
May 14, 2018 03:01 am UTC| Technicals
USD/THB is currently trading around 31.86 marks. It made intraday high at 31.92 and low at 31.80 marks. Intraday bias remains bearish till the time pair holds key resistance at 31.92 mark. On the top side,...

FxWirePro: Singapore dollar rises in early Asia, downside limited
May 14, 2018 02:30 am UTC| Technicals
USD/SGD is currently trading around 1.3338 marks. It made intraday high at 1.3363 and low at 1.3325 levels. Intraday bias remains bearish till the time pair holds key resistance at 1.3363 mark. A daily close...