Aug 29, 2017 08:13 am UTC| Technicals
Copper hits fresh 3-year highs at 3.086, levels unseen since Oct 2014. The pair has completed the Cup Saucer pattern and is extending upside after breaking strong resistance at 2.496. We see scope for further...
FxWirePro: Silver rises gradually against U.S. dollar, stay bullish
Aug 29, 2017 08:11 am UTC| Technicals
XAG/USD is currently trading around $17.56 marks. It made intraday high at $17.57 and low at $17.39 levels. Intraday bias remains bullish till the time pair holds key support at $17.00 mark. A daily close...
FxWirePro: NZD/JPY holds 38.2% Fib at 78.30, break below will see further downside
Aug 29, 2017 06:47 am UTC| Technicals
NZD/JPY hovers around strong support by Wedge Base support at 78.55, bias lower. Sell off seen across markets as the tensions escalate after latest ballistic missile test by North Korea. Safe haven assets like...
Aug 29, 2017 06:10 am UTC| Technicals
GBPJPY forms the double top pattern with peak 1 at 148.112, peak 2 at 147.778 and neckline at 139.243 levels. Ever since the bulls are rejected at peak 2, the prices have constantly been plummeting below DMAs. Bulls...
FxWirePro: NZD/USD hovers around 5-DMA, slight bullish divergence raises scope for upside
Aug 29, 2017 05:44 am UTC| Technicals
NZD/USD hovers around 5-DMA at 0.7230, slips lower from session highs at 0.7257 Technical studies are bearish. We see scope for test of 100-DMA at 0.7177 on break below 0.72 handle. However, we see slight bullish...
FxWirePro: AUD/NZD struggles at 61.8% Fib, further gains only on break above
Aug 29, 2017 04:46 am UTC| Technicals
AUD/NZD extends upside for 6th successive week, hits fresh 5-month highs at 1.0982. Rise in crude oil prices supporting the antipodeans. Also, improved risk sentiment buoying the Aussie. The pair is struggling at...
FxWirePro: Singapore dollar erases previous gain against U.S. dollar, upside limited
Aug 29, 2017 04:30 am UTC| Technicals
USD/SGD is currently trading around 1.3545 marks. It made intraday high at 1.3558 and low at 1.3534 levels. Intraday bias remains neutral till the time pair holds key support at 1.3535 mark. A daily close...
Shiba Inu Whale Transactions Jump 115%, SHIB Price Nears Crucial $0.000016 Level