FxWirePro: EUR/GBP trades tight range, focus on UK Q1 GDP data
Apr 27, 2016 06:23 am UTC| Technicals
EUR/GBP under pressure trades a tight range into the European open. Markets awaiting fresh incentives from the first estimate of UK Q1 GDP figures. Expectation is for the GDP growth rate to have slow to 0.4% in Q1...
FxWirePro: USD/SGD hovers around 1.35, good to sell on rallies
Apr 27, 2016 05:57 am UTC| Technicals
USD/SGD is currently trading around 1.3505 marks. It made intraday high at 1.3520 and low at 1.3478 levels. Intraday bias remains bearish till the time pair holds initial resistance at 1.3558 levels. A...
FxWirePro: GBP/JPY faces strong resistance at 162.70, good to buy at dips
Apr 27, 2016 05:51 am UTC| Technicals
Major resistance -162.70 Major support 160 The pair has retreated yesterday after making a high of 162.70. It is currently trading around 161.93. Short term trend is still bullish as long as support 160...
FxWirePro: EUR/JPY upside stalls at 61.8% Fib, major resistance at 126.40
Apr 27, 2016 05:34 am UTC| Technicals
Cautious tone persisting across marketsas traders remain wary ahead of the FOMC meeting, which is likely to spur volatility. Yen gains amid cautious trades and risk aversion, keeps EUR/JPY subdued on the...
FxWirePro: Silver back above key support at $17.11, intraday bias remains bullish
Apr 27, 2016 05:16 am UTC| Technicals
XAG/USD is currently trading around $17.25 marks. It made intraday high at $17.33 and low at $17.11 levels. Intraday bias remains bullish till the time pair holds immediate support level at $17.11 marks. On...
FxWirePro: NZD/USD capped below 10-DMA, good to sell rallies
Apr 27, 2016 04:28 am UTC| Technicals
NZD/USD halts two days of gains, remains subdued on the day, weighed by poor trade surplus data and thin liquidity ahead of FOMC. Data released early today showed NZ trade surplus missed expectations. Trade surplus...
FxWirePro: A big day for Gold as markets await FOMC
Apr 27, 2016 04:27 am UTC| Technicals
XAU/USD is currently trading around $1243 mark. It made intraday high at $1246 and low at $1242 levels. Intraday bias remains bullish till the time pair holds immediate support at $1231 marks. A sustained...
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