FxWirePro: GBP/USD trades higher on declining US-UK 10 year yield spread, good to buy on dips
Aug 18, 2017 09:05 am UTC| Technicals
GBP/USD shown a minor recovery from the low of 1.28425 as U.K retail sales volume grew faster than expected during July. Retail sales m/m rose 0.3% compared to forecast of 0.2%. The pair jumped till 1.29090 yesterday...
FxWirePro: GBP/AUD capped below 5-DMA 1.6360, intraday bias lower
Aug 18, 2017 08:34 am UTC| Technicals
Pound buoyed on Thursday on better-than expected UK retail sales data. The UKs retail volumes came in at 0.3% in July m/m, beating expectations for 0.2% rise. GBP/AUD retraced from fresh 5-month lows at 1.6189 to...
FxWirePro: USD/INR remains well supported above 64.00 mark, bias remains bearish
Aug 18, 2017 07:52 am UTC| Technicals
USD/INR is currently trading around 64.13 marks. It made intraday high at 64.21 and low at 64.10 marks. Intraday bias remains bearish till the time pair holds key resistance at 64.25 marks. Key resistances...
FxWirePro: EUR/JPY fails at weekly 200-SMA, RSI divergence adds bearish bias
Aug 18, 2017 07:46 am UTC| Technicals
EUR/JPY fails at weekly 200-SMA, resumes downside with hammer formation on weekly charts. Yen remians bid across the board on risk-off after Barcelona Terror Attack, dragging the pair lower. ECB minutes...
FxWirePro: GBP/JPY trades well below 200- day MA, good to sell on rallies
Aug 18, 2017 07:02 am UTC| Technicals
GBP/JPY is continuing its losing streak after breaking below 141.25 low made on Aug 11th 2017. The pair declined till 140.61 at the time of writing. It is currently trading around 140.65. The decline from 147.76 is...
FxWirePro: Cloud caps downside in NZD/USD, break below to see test of 0.7240
Aug 18, 2017 06:45 am UTC| Technicals
Kiwi fades upbeat NZ PPI data led gains, NZD/USD retraces brief break above 50-DMA at 0.7323 on Thursday. The pair slipped lower from session highs at 0.7335 to close below the 0.73 handle. China new home prices...
Gold on verge of break out, further bullishness only above $1296.
Aug 18, 2017 06:36 am UTC| Technicals
Gold jumped slightly above $1290 and shown a minor selling. The yellow metal is slightly near to 2107 high on account of fear and uncertainty. The yellow metal jumped almost $20 from the low made on Aug 15th 2017 and is...
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