
FxWirePro: GBP/JPY trades in narrow range, good to sell on rallies
Mar 28, 2018 09:20 am UTC| Technicals
GBP/JPY has shown a good jump after hitting low of 148.93 yesterday on account good recovery in GBP against all majors. GBP recovered sharply against USD on hopes of fresh solution on Irish border. Yen declined yesterday...

FxWirePro: Silver trades marginally lower, downside limited
Mar 28, 2018 08:46 am UTC| Technicals
XAG/USD is currently trading around $16.47 marks. It made intraday high at $16.55 and low at $16.43 levels. Intraday bias remains neutral till the time pair holds key support at $16.42 mark. A daily close...

Mar 28, 2018 08:24 am UTC| Technicals
EURUSD minor trend forms rising channel pattern. Gravestone doji, long-legged doji and shooting star patterns have occurred at 1.2443, 1.2449 and 1.2430 levels respectively. The price behavior has been highly turbulent...

FxWirePro: South African rand trades marginally lower ahead of interest rate decision
Mar 28, 2018 08:08 am UTC| Technicals
USD/ZAR is currently trading around 11.70 levels. It made intraday high at 11.71 and low at 11.62 levels. Intraday bias remains neutral till the time pair holds key support at 11.60 mark. A daily close...

FxWirePro: AUD/NZD breaches channel base support, on track to test 88.6% Fib, stay short
Mar 28, 2018 07:55 am UTC| Technicals
AUD/NZD has shown a breach at channel base support at 1.0590, raising scope for further weakness. Minor recovery attempts on the day were rejected at session highs at 1.0595. A Death Cross formation (bearish...

FxWirePro: ETH/EUR extends weakness below 78.6% Fib, bias bearish
Mar 28, 2018 07:38 am UTC| Technicals
ETH/EUR hits fresh multi-month lows at 356 before paring some losses to currently trade at 368 levels. Recovery attempts lack traction, bias heavily bearish, scope for further weakness. The pair has broken strong...

FxWirePro: Gold trades weak on easing trade war, good to sell on rallies
Mar 28, 2018 07:20 am UTC| Technicals
Gold has shown a good selling of almost $18 from the high of $1356.76 made yesterday. The major reason for decline in yellow metal was due to minor dip in safe haven demand as US China trade war started to ease. The...