
Jul 24, 2018 11:13 am UTC| Technicals Research & Analysis Insights & Views Central Banks
Ahead of the ECB meetingon Thursday, we have to get the latest PMI readings across the Eurozone. Economic data slumped in Q1, but while a level of recovery has been witnessed in Q2. However, ECB policy has proved a modest...

FxWirePro: US Oil reverses previous session's slide, retakes $68 per barrel, focus on API data
Jul 24, 2018 10:54 am UTC| Technicals
US Oil reversed most of previous sessions slide and extended gains above $68 mark. Rising US-Iran geopolitical tensions keep oil prices supported. Iranian Foreign Ministry said that Iran will respond with equal...

FxWirePro: GBP/CAD recovery lacks traction, weakness to resume on break below 1.7175
Jul 24, 2018 10:21 am UTC| Technicals
GBP/CAD trades in narrow range above 5-DMA, up 0.09% at the time of writing. The pair has shown a bounce off strong trendline support at 1.7175. We see weakness only on break below. Brexit jitters and political...

FxWirePro: GBP/JPY Daily Outlook
Jul 24, 2018 08:41 am UTC| Technicals
GBP/JPY is trading weak for 6thconsecutive days and has lost more than 350 points in previous week. GBP recovered sharply from low of 1.2955 of almost 180 pips on broad based US dollar selling on Friday.But slight jump US...

FxWirePro: GBP/JPY Daily Outlook
Jul 24, 2018 08:41 am UTC| Technicals
GBP/JPY is trading weak for 6thconsecutive days and has lost more than 350 points in previous week. GBP recovered sharply from low of 1.2955 of almost 180 pips on broad based US dollar selling on Friday.But slight jump US...

FxWirePro: XAG/USD trades in narrow range, faces strong support at $15.28 mark
Jul 24, 2018 08:24 am UTC| Technicals
XAG/USD is currently trading around $15.36 marks. It made intraday high at $15.39 and low at $15.30 levels. Intraday bias remains neutral till the time pair holds key support at $15.28 mark. A daily close...

FxWirePro: BTC/EUR breaks stiff resistance at 6650, on track to test 200-DMA at 7185
Jul 24, 2018 07:47 am UTC| Digital Currency Technicals
BTC/EUR breaks major trendline resistance at 6650, bias remains higher. Momentum studies are bullish. Stochs and RSI sharply higher. MACD supports trend higher and has edged above zero levels and we see +ve DMI...