
FxWirePro: Gold trades weak as bond yield hits 4 year high, good to sell on rallies
Apr 25, 2018 06:57 am UTC| Technicals
Gold has shown a minor $10 jump from low of $1322 and every minor jump is used as selling opportunity by traders. The sharp jump in US 10 year yield was the main reason for decline in yellow metal.US 10 year yield and Gold...

FxWirePro: Chinese yuan trades marginally lower, PBOC sets yuan mid-point at 6.3066
Apr 25, 2018 06:42 am UTC| Technicals
USD/CNY is currently trading around 6.3103 marks. It made intraday high at 6.3116 and low at 6.3013 levels. Intraday bias remains bullish till the time pair holds key support at 6.3000 mark. A sustained...

Apr 25, 2018 06:33 am UTC| Technicals
EUR/NZD is extending its streak of gains for the 9th straight session, trades 0.25% higher on the day. The pair has shown breakout of Symmetric Triangle pattern which has raised scope for further...

Apr 25, 2018 06:33 am UTC| Digital Currency Technicals Insights & Views
Lets shed some light on the underlying security (BTCUSD) before heading towards the price of bitcoin futures contracts of near month tenors. Both intraday and minor trends of BTCUSD have been weaker as the current price...

FxWirePro: Nikkei trades higher on account of weak yen, good to buy on dips
Apr 25, 2018 06:07 am UTC| Technicals
Nikkei recovered more than 1% from yesterday low of 21996 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 more than 1% lower...

FxWirePro: AUD/USD tests channel base support at 0.7572, good to go short on break below
Apr 25, 2018 05:48 am UTC| Technicals
AUD/USD continues to extend sell-off as Treasuries continue to climb, boosting the Greenback. The major is trading in a Slopping Channel pattern and finds strong support at channel base at 0.7572. Price action...

Apr 25, 2018 05:45 am UTC| Technicals
USD/INR is currently trading around 66.72 marks. It made intraday high at 66.73 and low at 66.45 marks. Intraday bias remains bullish till the time pair holds key support at 66.40 mark. Key resistances are...