FxWirePro: Chinese yuan falls gradually against U.S. dollar, upside limited
Aug 15, 2017 01:58 am UTC| Technicals
USD/CNY is currently trading around 6.6742 marks. It made intraday high at 6.6744 and low at 6.6679 levels. Intraday bias remains bullish till the time pair holds key support at 6.6552 mark. A sustained...
FxWirePro: South Korean won erases previous loss against euro, short term trend reversal likely
Aug 15, 2017 01:14 am UTC| Technicals
EUR/KRW is currently trading around 1,335 mark. Pair made intraday high at 1,339 and low at 1,335 levels. Intraday bias remains slightly bearish till the time pair holds key resistance at 1,349 mark. A...
FxWirePro:EUR/USD changes short term trend from neutral to bearish
Aug 14, 2017 15:26 pm UTC| Technicals
The EUR/USD pair dipped on Monday as dollar was lifted by easing tensions in the Korean peninsula after key U.S. officials played down the risk of an imminent war with North Korea. Last week, fears of a military...
FxWirePro: USD/CAD consolidating around 1.2714, bias is bullish
Aug 14, 2017 14:25 pm UTC| Technicals
The USD/CAD pair inched on Monday higher as oil prices fell and the greenback posted broader gains, while investors awaited the start of renegotiations of the NAFTA trade pact this week. Prices of oil, one of Canadas...
Aug 14, 2017 12:50 pm UTC| Technicals
Swiss franc lost its momentum after hitting high of 0.95824 on Friday. USD/CHF is currently trading around 0.96864. The pair is facing support near 0.9600 (50% retracement of 0.94385 and 0.97728) and any close below...
FxWirePro: US Oil downside capped by trend line, good to buy on dips
Aug 14, 2017 12:34 pm UTC| Technicals
US Oil has fallen till $47.95 on Friday and shown a minor recovery from that level till $48.95. It is currently trading around $48.60. The decline in the crude oil prices was mainly due to increase in the supply and...
Aug 14, 2017 11:25 am UTC| Technicals
Candle stick pattern- Gravestone doji EUR/USD has jumped sharply on Friday on account of weaker than expected U.S Inflation data. The pair jumped till 1.18475 yesterday and is currently trading around 1.18030. US...
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