
FxWirePro: GBPJPY upside capped by 20-day MA, any break above targets 138.30
Jun 25, 2019 08:34 am UTC| Technicals
Major resistance - 137.20 (20- day MA) GBPJPY is consolidating in the narrow range between 137.179 and 135.94 in the past four days. Yesterday it was showing minor weakness till 136.14 and shown a recovery. The jump...

Jun 25, 2019 07:59 am UTC| Technicals
Majority of the Kiwis currency pairs are attempting to show some rallies ahead of RBNZ monetary policy. So is the case withNZDJPYas well. But, please be noted that bearish engulfing pattern pops-up at trendline...

Gold: Overbought and bearish divergence
Jun 25, 2019 06:37 am UTC| Technicals
Chart pattern Bearish divergence Gold has shown nearly $20 from the high of $1439 on account of profit booking. The yellow metal was trading higher for 1 week and jumped nearly $100 after the dovish Fed meeting. The...

FxWirePro: Chinese yuan falls gradually against U.S. dollar, PBOC sets yuan mid-point at 6.8580
Jun 25, 2019 06:17 am UTC| Technicals
USD/CNY is currently trading around 6.8818 marks. It made intraday high at 6.8844 and low at 6.8657 levels. Intraday bias remains bullish till the time pair holds key support at 6.8600 mark. A sustained...

FxWirePro: Nikkei trades lower on strong yen, good to stay away
Jun 25, 2019 05:52 am UTC| Technicals
Major support - 20700 Nikkei trades slightly lower on strong yen. The demand for Safe-haven assets has increased on account of geopolitical tension between the US and Iran. Markets are eagerly waiting for US...

FxWirePro: USD/INR fails to fall below 69.22 mark, short term trend reversal likely
Jun 25, 2019 05:43 am UTC| Technicals
USD/INR is currently trading around 69.43 marks. It made intraday high at 69.46 and low at 69.25 marks. Intraday bias remains slightly bullish till the time pair holds key support at 69.25 mark. Key...

FxWirePro: USD/SGD hovers around fresh 3-month low at 1.3515 mark, stay bearish
Jun 25, 2019 04:00 am UTC| Technicals
USD/SGD is currently trading around 1.3527 marks. It made intraday high at 1.3535 and low at 1.3520 levels. Intraday bias remains bearish till the time pair holds key resistance at 1.3590 marks. A daily...
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