FxWirePro: Copper hits fresh 3-year highs at 3.166, bias higher, stay long
Sep 05, 2017 06:08 am UTC| Technicals
Copper hits fresh 3-year highs at 3.166, levels unseen since September 2014, bias higher. The commodity is extending breakout of Cup and Saucer pattern, next bull target lies at 3.192 (May 2014 high). Technical...
Sep 05, 2017 06:06 am UTC| Technicals
Gold is consolidating after hitting fresh year high of $1339.44. The yellow metal slightly declined till $1332 and is currently trading around $1335. The prices have spiked as a result of ongoing tensions surrounding...
FxWirePro: Indian rupee falls against U.S. dollar, faces immediate resistance at 64.18 mark
Sep 05, 2017 05:40 am UTC| Technicals
USD/INR is currently trading around 64.13 marks. It made intraday high at 64.16 and low at 63.99 marks. Intraday bias remains bullish till the time pair holds key support at 63.99 marks. Key resistances are...
FxWirePro: EUR/JPY extends downside in 'Bearish Shark' pattern, bias lower, stay short
Sep 05, 2017 05:19 am UTC| Technicals
EUR/JPY down 0.17% on the day, extends downside in continuation of Bearish Shark pattern. Technical studies are bearish, Stochs have rolled over from overbought levels and RSI is biased lower. N.Korean headlines...
FxWirePro: AUD/PY finds strong support at 20-DMA (86.72), good to go short on beak below
Sep 05, 2017 04:50 am UTC| Technicals
Upbeat Australia exports China non-manufacturing PMI pushed AUD/JPY higher in the Asian session. The Reserve Bank of Australia (RBA) at its monetary policy meeting today, left the official cash rate (OCR) unchanged...
FxWirePro: USD/JPY stays below 110 handle, 5-DMA caps upside
Sep 05, 2017 03:57 am UTC| Technicals
USD/JPY down 0.41% in the Asian session, N.Korean headlines trigger fresh wave of risk-aversion across the financial markets. Reuters news cited that N.Korea was spotted moving ICBM-grade rocket towards west coast and...
Sep 05, 2017 03:55 am UTC| Technicals
Nikkei has shown gap down opening today morning on account political uncertainty in North Korea. Asian stock market has shown a sell off after North Korea tests hydrogen bomb on Sunday. North Korea on Sunday conducted its...
Shiba Inu Whale Transactions Jump 115%, SHIB Price Nears Crucial $0.000016 Level