
FxWirePro: GBP/JPY struggles to close above 200- day MA, good to sell on rallies
Mar 07, 2018 09:55 am UTC| Technicals
GBP/JPY has shown huge jump of almost 150 pips from the low of 146.55 yesterday. The pair hits high of 148.01 and is currently trading around 146.40. The yen was trading weak on account of profit booking. But...

FxWirePro: EUR/CHF capped at daily cloud, breakout to see further upside
Mar 07, 2018 09:30 am UTC| Technicals
EUR/CHF pauses 5 straight sessions of gains, trades 0.11% lower on the day. Upside seems capped below daily Ichimoku cloud, breakout to see resumption of gains. The pair has broken above weekly 5-SMA at 1.1545...

FxWirePro: USD/CAD downside capped by 7- day MA, market eyes BOC
Mar 07, 2018 08:56 am UTC| Technicals
USD/CAD declined more than 100 pips yesterday on account of profit booking. The pair hits fresh 2018 high at 1.300. The pair down almost 0.80% this month following 4.85% in previous month. Trumps tariff card in NAFTA...

FxWirePro: Gold trades higher on Gary Cohn resignation, good to buy on dips
Mar 07, 2018 08:55 am UTC| Technicals
Gold has shown a good jump yesterday from the low of $1320.39. The yellow metal jump was supported by declining US dollar index after President Trumps economic advisor Gary Cohn resigned. US dollar has declined sharply...

FxWirePro: Gold trades higher on Gary Cohn resignation, good to buy on dips
Mar 07, 2018 08:55 am UTC| Technicals
Gold has shown a good jump yesterday from the low of $1320.39. The yellow metal jump was supported by declining US dollar index after President Trumps economic advisor Gary Cohn resigned. US dollar has declined sharply...

FxWirePro: Silver erases previous gain against U.S. dollar, downside limited
Mar 07, 2018 08:19 am UTC| Technicals
XAG/USD is currently trading around $16.65 marks. It made intraday high at $16.81 and low at $16.63 levels. Intraday bias remains bearish for the moment. A daily close above $16.75 will test key resistances...

FxWirePro: USD/ZAR trades in narrow range, South Africa’s business confidence index data in focus
Mar 07, 2018 07:29 am UTC| Technicals
USD/ZAR is currently trading around 11.82 levels. It made intraday high at 11.85 and low at 11.75 levels. Intraday bias remains neutral till the time pair holds key support at 11.70 mark. A daily close...