
Dec 22, 2017 06:38 am UTC| Technicals
Before emphasizing on the core of NZDUSD technicals, we urge you to be aware of the pairs stalling from last 5-6 days and stuck between 0.7033 and 0.6954 (refer daily chart). From last Friday, the bulls seem to have...

FxWirePro: Gold trades flat as holiday mood kicks off, good to buy on dips
Dec 22, 2017 06:01 am UTC| Technicals
Gold consolidates in narrow range between $1261 and $1268 for the past three trading session. US dollar shown a minor recovery till 93.56 and is currently trading around 94.31. Markets remain quiet as long weekend due to...

Dec 22, 2017 03:17 am UTC| Technicals
USD/THB is currently trading around 32.73 marks. It made intraday high at 32.74 and low at 32.71 marks. Intraday bias remains neutral for the moment. A daily close below 32.72 will drag the parity down...

FxWirePro: USD/CNY hits fresh 3-month low at 6.5545 mark, PBOC sets yuan mid-point at 6.5821
Dec 22, 2017 02:28 am UTC| Technicals
USD/CNY is currently trading around 6.5788 marks. It made intraday high at 6.5847 and low at 6.5765 levels. Intraday bias remains bearish till the time pair holds key resistance at 6.6050 mark. A sustained...

FxWirePro: EUR/KRW breaks key support at 1,277 mark, stay bearish
Dec 22, 2017 01:30 am UTC| Technicals
EUR/KRW is currently trading around 1,277 mark. Pair made intraday high at 1,280 and low at 1,276 levels. Intraday bias remains bearish till the time pair holds immediate resistance at 1,284 mark. A...

FxWirePro: US Oil trades higher on declining inventory, good to buy on dips
Dec 21, 2017 12:30 pm UTC| Technicals
Major resistance - $57.80 (61.8% retracement of $59.02 and $55.84). US oil has broken major resistance $57.80 yesterday and jumped till $58.16. The main reason for jump in oil price is oil production halt at North Sea...

Dec 21, 2017 12:10 pm UTC| Technicals
Cable is trading very flat for the past one week. The UK and EU has reached deal for the first phase on Friday and next phase on trade negotiations is expected to happen next week. The pair has recovered almost 100 pips...