
FxWirePro: Silver stabilizes above $15.40 mark, stay bullish
Aug 07, 2018 08:30 am UTC| Technicals
XAG/USD is currently trading around $15.42 marks. It made intraday high at $15.43 and low at $15.24 levels. Intraday bias remains bullish till the time pair holds key support at $15.22 mark. A daily close...

FxWirePro: BTC/USD holds 50-DMA support, good to go short on break below
Aug 07, 2018 07:46 am UTC| Digital Currency Technicals
(Refer BTC/USD chart on Trading View) BTC/USD plunged to 6835 levels on Monday before closing just above 50-DMA at 6936 levels (Bitstamp). The pair is currently trading at 7033 levels at the time of writing. On...

FxWirePro: GBP/CHF grinds lower after 'Death Cross' formation, next bear target at 61.8% Fib
Aug 07, 2018 07:24 am UTC| Technicals
Refer GBP/CHF chart on Trading View Brexit woes show little sign of dissipating anytime soon, GBP to remain under pressure. Growing concerns regarding the UKs ability to avert a hard Brexit weigh...

FxWirePro: USD/ZAR moves in stiff boundaries, South Africa’s manufacturing production data in focus
Aug 07, 2018 06:56 am UTC| Technicals
USD/ZAR is currently trading around 13.37 levels. It made intraday high at 13.45 and low at 13.36 levels. Intraday bias remains neutral till the time pair holds key resistance at 13.50 marks. A daily...

FxWirePro: AUD/NZD hits 7-month highs at 1.1016, bias higher, good to go long on dips
Aug 07, 2018 06:44 am UTC| Technicals
Refer AUD/NZD chart on Trading View AUD/NZD is extending break above strong trendline resistance at 1.0965, hits 7-month highs. The Reserve Bank of Australia (RBA) at its monetary policy meeting held today, kept...

FxWirePro: USD/CNY takes halt around 6.85 mark, PBOC sets yuan mid-point at 6.8431
Aug 07, 2018 06:41 am UTC| Technicals
USD/CNY is currently trading around 6.8478 marks. It made intraday high at 6.8619 and low at 6.8456 levels. Intraday bias remains neutral for the moment. A sustained close above 6.8510 marks will test key...

FxWirePro: Gold continues to trade weak on strong US dollar , good to sell on rallies
Aug 07, 2018 06:17 am UTC| Technicals
Overall trend - bearish Gold is continuing its weakness for second consecutive week on account of strong US dollar. Hawkish Fed and escalating trade tensions is supporting US dollar. US dollar index hits 2 week high and...