
FxWirePro: Gold recovers sharply on declining US bond yield, good to buy on dips
Apr 29, 2019 04:08 am UTC| Technicals
Gold declined sharply till $1274 after release of US GDP data and shown a massive recovery. US GDP came at 3.2% seasonally adjusted annual rate in the first three months of 2019 well above forecast of 2.0%.The yellow metal...

FxWirePro: AUD/USD extends gains above 5-DMA, surge in China’s industrial profits buoy Aussie
Apr 29, 2019 03:17 am UTC| Technicals
AUD/USD chart - Trading View AUD/USD extends gains for the 3rd straight session, breaks above 5-DMA. Aussie buoyed as Chinas industrial profits surged after the previous two months of deterioration. Chinas...

FxWirePro: XAG/USD stabilizes above $15.00 mark, stay bullish
Apr 29, 2019 02:34 am UTC| Technicals
XAG/USD is currently trading around $15.03 marks. It made intraday high at $15.05 and low at $15.01 levels. Intraday bias remains bullish till the time pair holds key support at $14.80 mark. A daily close...

FxWirePro: USD/JPY ignores upbeat U.S. GDP data, rangebound around 200-DMA ahead of FOMC meeting
Apr 29, 2019 02:16 am UTC| Technicals
USD/JPY chart - Trading View USD/JPY trades rangebound around 200-DMA as traders shrugged off strong GDP data on Friday. It is a quiet start to the week as Japan remains closed on account of Showa day holiday,...

FxWirePro: EUR/KRW hovers around 1,291 mark, consistent close above requires for upside movement
Apr 29, 2019 02:11 am UTC| Technicals
EUR/KRW is currently trading around 1,290 mark. It made intraday high at 1,291 and low at 1,290 levels. Intraday bias remains slightly bearish for the moment. A sustained close above 1,291 will take the...

CHFJPY upside capped by 55- H EMA, any break above targets 110.40
Apr 26, 2019 13:33 pm UTC| Technicals
Major Intraday resistance- 109.62 (55- H EMA) CHFJPY was trading lower for past 2 weeks and lost more than 250 pips. SNB Chairman Jordan said that negative rates are appropriate and necessary .Further rate hikes...

Crypto Technicals: LTC/USD holds 50-DMA support, break below required for further downside
Apr 26, 2019 13:24 pm UTC| Digital Currency Technicals
LTC/USD chart - Trading View Exchange - Bitfinex Support: 70.91 (50-DMA); Resistance: 77.21 (21-EMA) Technical Analysis: Bias Neutral to slightly Bearish - Litecoin has bounced off 50-DMA support at 70.91,...