FxWirePro: EUR/KRW trades in narrow range, stay bullish only above 1,349
Aug 30, 2017 02:01 am UTC| Technicals
EUR/KRW is currently trading around 1,342 mark. Pair made intraday high at 1,345 and low at 1,341 levels. Intraday bias remains neutral for the moment. A sustained close above 1,349 will take the parity...
FxWirePro: EUR/USD consolidating around 1.2008, bias is bullish
Aug 29, 2017 17:45 pm UTC| Technicals
The EUR/USD pair rose higher on Tuesday as dollar slumped after North Korea fired a missile over northern Japan, fueling fresh tension between Washington and Pyongyang. The dollar fell to its lowest in more than 2-1/2...
FxWirePro: USD/JPY neutral in the near-term, scope for downward resumption
Aug 29, 2017 14:01 pm UTC| Technicals
USD/JPY declined on Tuesday as investors bought safe Japanese yen after North Korea fired a missile over northern Japan, fuelling worries of fresh tension between Washington and Pyongyang. North Korea has conducted...
Aug 29, 2017 13:31 pm UTC| Technicals
US Dollar index has broken major support at 92.55 low made on Aug 2nd 2017 and declined sharply till 91.62 at the time of writing. It is currently trading around 91.82. Short term trend is still weak as long as...
Aug 29, 2017 12:44 pm UTC| Technicals
EURUSD hits 1.2070 fresh 27 month high and is hovering around this level. The pair is trading higher after dovish statement by Janet Yellen in Jackson Hole symposium. The pair gained second session in a row jumped...
FxWirePro: Crude Oil trades lower on Harvey storm, good to sell on rallies
Aug 29, 2017 12:42 pm UTC| Technicals
Crude oil sinks almost 2.7% yesterday as Harvey hits refiners. Massive floods caused by Harvey forced several refineries to close along Gulf of coast. Harvey which has been downgraded to tropical storm from hurricane has...
FxWirePro: EUR/AUD breaks major trendline resistance at 1.5085, good to go long on close above
Aug 29, 2017 11:00 am UTC| Technicals
EUR/AUD breaks major trendline resistance at 1.5085 to hit 12-week highs at 1.5173. The pair has shown a breakout above ascending triangle pattern, scope for further upside. 1.5085 is stiff resistance and...
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