
FxWirePro: EUR/KRW moves in stiff boundaries, stay bearish only below 1,270
May 14, 2018 01:34 am UTC| Technicals
EUR/KRW is currently trading around 1,273 mark. Pair made intraday high at 1,275 and low at 1,273 levels. Intraday bias remains neutral till the time pair holds immediate support at 1,267 mark. A sustained...

May 11, 2018 12:04 pm UTC| Technicals
Major resistance 1.0060 USDCHF has formed almost a double top at 1.00560 and started to consolidate within narrow range. Any convincing break below 1.000 confirms minor weakness and a dip till 0.9900 is...

FxWirePro: GBP/USD recovers sharply from low of 1.3460, good to buy on dips
May 11, 2018 11:56 am UTC| Technicals
GBP/USD has declined more than 160 pips sharply after more dovish BOE monetary policy. BOE has kept its interest rates unchanged at 0.5% and said inflation has fallen more than expected. In addition Interest rates is...

FxWirePro: EUR/USD recovers sharply on cool US inflation data, good to sell on rallies
May 11, 2018 11:53 am UTC| Technicals
EURUSD is showing a major recovery of almost more than 125 pips after hitting new 2018 low of 1.8228. US CPI data came at 0.2% for the month of Apr compared to forecast of 0..3%. the slight decline in inflation has reduced...

USDCHF faces strong support at 1.000, any break below targets 0.9900
May 11, 2018 11:06 am UTC| Technicals
Major resistance 1.0060 USDCHF has formed almost a double top at 1.00560 and started to consolidate within narrow range. Any convincing break below 1.000 confirms minor weakness and a dip till 0.9900 is...

May 11, 2018 10:54 am UTC| Technicals
Cable forms 3-black crows which is bearish in nature on weekly plotting. While spinning top and long-legged doji patterns restrain todays rallies below DMAs, bears have managed to breach below channel support on 20th April...

FxWirePro: Stay long AUD/CHF on breakout at 200-DMA and major trendline resistance
May 11, 2018 10:03 am UTC| Technicals
AUD/CHF is trading 0.10% higher on the day at 0.7559 at the time of writing. The pair has shown a decisive breakout above 200-DMA, we see scope for further upside. Technical indicators are biased higher. Momentum...