
FxWirePro: USDCAD breaks minor trend line support, dip till 1.3180 likely
Aug 27, 2019 13:12 pm UTC| Technicals
USDCAD is trading lower for 4th consecutive days and lost more than 120 pips from the high on better than Canadian economic data and a slight jump in oil price. The slight ease in a trade war is also supporting the...

FxWirePro: USDCHF hold above 0.9800 as US-China trade tension eases, good to sell on rallies
Aug 27, 2019 13:11 pm UTC| Technicals
USDCHF has recovered more than 100 pips in the trading session after a steep fall on Friday due to the US and China trade war escalation. US President twitted that China wants to re-start trade talks and a slight easing of...

Aug 27, 2019 10:40 am UTC| Technicals
Major support - 128 GBPJPY is consolidating between 130.69 and 128.18 for the past three trading days. It has formed a temporary top around 130.69 and showing a minor decline. The minor jump was mainly due to a...

Aug 27, 2019 10:37 am UTC| Technicals
Major resistance -11850 DAX is consolidating in a narrow range for the past 10 trading days between 11250 and 11849. The overall sentiment of the market is weak due to ongoing trade war issues. The economy of...

FxWirePro: XAG/USD hovers around $17.70 mark, stay bullish only above $17.75 mark
Aug 27, 2019 08:30 am UTC| Technicals
XAG/USD is currently trading around $17.68 marks. It made intraday high at $17.75 and low at $17.61 levels. Intraday bias remains neutral till the time pair holds key resistance at $17.75 mark. A daily close...

FxWirePro: Gold declines slightly on profit-booking, good to buy on dips
Aug 27, 2019 07:47 am UTC| Technicals
Gold has halted its 4-week of a bullish trend and shown a decline of more than $30 on profit booking. The slight easing of trade war tension between the US and China is putting pressure on Safe-haven demand assets like yen...

FxWirePro: South African rand trades almost flat at 15.30 mark against U.S. dollar, stay neutral
Aug 27, 2019 06:28 am UTC| Technicals
USD/ZAR is currently trading around 15.30 levels. It made intraday high at 15.32 and low at 15.24 levels. Intraday bias remains neutral for the moment. A daily close above 15.46 will take the parity...
Dollar Posts Worst Monthly Loss Since April as Fed Uncertainty and Yen Intervention Shake FX Markets