
Mar 12, 2020 09:36 am UTC| Technicals
EUR/INR is currently trading around 83.53 mark. It made intraday high at 84.14 and low at 83.41 mark. Intraday bias remains slightly bearish for the moment. A daily close above 85.21 will drag the parity up...

FxWirePro: AUD/USD slumps as Trump's travel ban on Europe stokes global growth fears
Mar 12, 2020 08:59 am UTC| Technicals
The Australian dollar declined, extending losses for the fourth straight session, as risk sentiment weakened after President Donald Trump disappointed markets with a coronavirus plan light on details. On Wednesday,...

FxWirePro: USD/ZAR touches 16.46 mark, South Africa’s manufacturing production data in focus
Mar 12, 2020 08:10 am UTC| Technicals
USD/ZAR is currently trading around 16.36 levels. It made intraday high at 16.46 and low at 16.18 levels. Intraday bias remains bullish till the time pair holds key resistance at 16.10 mark. A daily close...

FxWirePro: Indian rupee depreciates against U.S. dollar, India’s economic data in focus
Mar 12, 2020 06:55 am UTC| Technicals
USD/INR is currently trading around 74.42 marks. It made intraday high at 74.53 and low at 74.17 marks. Intraday bias remains bullish till the time pair holds key support at 73.74 mark. Key resistances are...

FxWirePro: USDJPY trades weak on Safe-haven demand, good to sell on rallies
Mar 12, 2020 06:53 am UTC| Technicals
Ichimoku Analysis (1-hour chart) Tenken-Sen- 103.94 Kijun-Sen- 104.20 USDJPY has started to trade weak after showing a minor recovery till 105.91. The safe-haven demand has increased after the US bans...

FxWirePro: Gold downside capped by 21-day MA, any break below targets $1600
Mar 12, 2020 05:07 am UTC| Technicals
Ichimoku Analysis (4-Hour chart) Tenken-Sen- $1633 Kijun-Sen- $1625 Gold is trading weak and lost nearly $70 from high $1704 on US dollar strength and jump in US bond yield. US markets declined more than 10% in...

Mar 12, 2020 05:01 am UTC| Technicals
USD/THB is currently trading around 31.54 marks. It made intraday high at 31.61 and low at 31.47 marks. Intraday bias remains bullish till the time pair holds key support at 31.36 mark. On the top side, key...