
FxWirePro: EUR/GBP retreats from 2-week peak, dip till 0.8432 likely
Feb 05, 2020 09:50 am UTC| Technicals
The euro eased, extending previous session losses against the British pound. According to a Reuters poll of market strategists, sterling is expected to rise by almost 4 percent by the year-end on expectations that...

Feb 05, 2020 09:33 am UTC| Technicals
As expected, NZDs yesterdays sharp upward rallie have extended to 0.6505 levels today. Hammer Dragonfly doji pattern candles haven take-off rallies above DMAs. On the contrary, spinning top pattern popped up at peaks...

FxWirePro: Silver falls noticeably in European hours, stay short
Feb 05, 2020 08:55 am UTC| Technicals
XAG/USD is currently trading around $17.60 marks. It made intraday high at $17.72 and low at $17.52 levels. Intraday bias remains bearish till the time pair holds key resistance at $17.72 mark. A daily close...

FxWirePro: USD/ZAR trades in narrow range, stay neutral
Feb 05, 2020 08:42 am UTC| Technicals
USD/ZAR is currently trading around 14.78 levels. It made intraday high at 14.83 and low at 14.76 levels. Intraday bias remains neutral till the time pair holds key support at 14.70 mark. A daily close...

FxWirePro: CHFJPY trades higher, jump till 113.80 likely
Feb 05, 2020 08:23 am UTC| Technicals
Ichimoku Analysis (4 Hour chart) Tenken-Sen- 112.67 Kijun-Sen- 112.46 As per our analysis, CHFJPY has halted its 2-weeks of bearishness and shown a jump of more than 100 pips. The recovery was mainly...

FxWirePro: NZD/USD eases following mixed bag of labour data, faces resistance at 200-DMA
Feb 05, 2020 07:34 am UTC| Technicals
The New Zealand dollar eased, reversing some of its previous session gains following a mixed bag of labour data released earlier in the day. New Zealands unemployment rate fell in the final quarter of 2019 but jobs...

FxWirePro: Indian rupee trades marginally lower despite robust Nikkei services PMI data
Feb 05, 2020 07:01 am UTC| Technicals
USD/INR is currently trading around 71.21 marks. It made intraday high at 71.24 and low at 71.10 marks. Intraday bias remains bullish till the time pair holds key support at 71.10 mark. Key resistances are...