FxWirePro: XAG/USD remains well supported above $18.00 mark, stay long
Sep 08, 2017 07:54 am UTC| Technicals
XAG/USD is currently trading around $18.13 marks. It made intraday high at $18.19 and low at $18.07 levels. Intraday bias remains bullish till the time pair holds key support at $17.78 mark. A daily close...
FxWirePro: EUR/CAD trades rangebound, fails to break strong support at 200-DMA
Sep 08, 2017 07:06 am UTC| Technicals
EUR/CAD has bounced off strong support at 200-DMA, we see weakness only on break below. Euro held gains after ECB began to pave way to tapering stimulus plan after leaving rates on hold. The pair is trading in a...
FxWirePro: USD/INR hits fresh 4-week low at 63.75 mark, sustained close below targets 63.48 mark
Sep 08, 2017 06:44 am UTC| Technicals
USD/INR is currently trading around 63.85 marks. It made intraday high at 63.98 and low at 63.75 marks. Intraday bias remains bearish till the time pair holds key resistance at 64.05 marks. Key resistances...
Sep 08, 2017 06:32 am UTC| Technicals
Gold increased sharply almost $20 yesterday on account of weaker US dollar. The yellow metal hits fresh year high at $1357 and is currently trading around $1354.82. Euro hits 33- month high after ECB meeting....
FxWirePro: Nikkei trades lower on stronger yen, good to sell on rallies
Sep 08, 2017 06:30 am UTC| Technicals
Nikkei has declined once again after showing a minor recovery till 19482 on account of stronger yen and global equities sell off. The political uncertainty in North Korea has increased demand for safe haven assets like...
FxWirePro: NZD/USD spikes past 20-DMA at 0.7244, eyes 78.6% Fibo at 0.74, stay long
Sep 08, 2017 06:21 am UTC| Technicals
NZD/USD spikes past 20-DMA to hit 3-week highs at 0.73373, bias higher. Broad based sell-off in the greenback post US jobless claims reports which showed a sharp increase to the highest since 2015 supporting...
Sep 08, 2017 06:17 am UTC| Technicals
Bulls gain traction after hammer formation, Shooting star counters, and the trend has been drifting non-directional mode, while the current prices are well above 21DMAs amid gravestone doji formation. For now,...
Shiba Inu Whale Transactions Jump 115%, SHIB Price Nears Crucial $0.000016 Level