FxWirePro: EUR/USD trades higher on tightening German and US yield spread, markets eye Fed minutes
Feb 20, 2019 06:51 am UTC| Technicals
EURUSD has pared most of its loss yesterday and jumped nearly 80 pips on broad based US dollar buying. The improvement in risk sentiment on account of US-China trade talk optimism has reduced safe haven demand. The pair...
FxWirePro: Indian rupee erases previous loss against U.S. dollar, short term trend reversal likely
Feb 20, 2019 06:19 am UTC| Technicals
USD/INR is currently trading around 71.22 marks. It made intraday high at 71.32 and low at 71.18 marks. Intraday bias remains bearish till the time pair holds key resistance at 71.71 mark. Key resistances...
FxWirePro: EUR/AUD fails to hold break above 200-DMA, bearish continuation likely below 1.58
Feb 20, 2019 06:13 am UTC| Technicals
EUR/AUD chart on Trading View used for analysis EUR/AUD rejected at session highs at 1.5867, trades at 1.5836 at 0600 GMT. The pair has failed to hold break above 200-DMA and intraday bias is bearish. Price...
Feb 20, 2019 05:56 am UTC| Technicals
EURUSDforms hammer patterns candle at 1.1290 levels, ever since then the bullish streaks are observed 3 days in a row. The interim upswings are backed by momentum indicators; the current prices are spiking above 7-DMAs to...
FxWirePro: EUR/GBP consolidates previous session's slump, bias bearish
Feb 20, 2019 05:26 am UTC| Technicals
EUR/GBP chart on Trading View used for analysis EUR/GBP is trading rangebound on the day at 0.8685 at 0510 GMT. The pair is consolidating previous sessions slump. Bias still bearish. Traders await Eurozone...
FxWirePro: Thai baht rises 0.5 pct to 31.07, highest level against U.S. dollar since November 2013
Feb 20, 2019 04:31 am UTC| Technicals
USD/THB is currently trading around 31.10 marks. It made intraday high at 31.17 and low at 31.07 marks. Intraday bias remains bearish till the time pair holds key resistance at 31.30 mark. On the top side,...
FxWirePro: USD/JPY trades slightly higher, focus on Gov Kuroda's speech for further impetus
Feb 20, 2019 04:17 am UTC| Technicals
USD/JPY chart on Trading View used for analysis USD/JPY is trading marginally higher on the day at 110.77 at 0350 GMT. The Japanese yen is being offered in Asia possibly on expectations that BOJ governor Kuroda...