
Jun 08, 2018 14:01 pm UTC| Technicals
GBP/JPY is showing a minor decline after hitting high of 148.11 yesterday. The pair jumped 500 pips from the low of 143.19 made on May 29th 2018. The yen recovered slightly as US trade war with other countries still...

Jun 08, 2018 13:46 pm UTC| Research & Analysis Technicals
As you could look at USDCAD daily plotting of technical chart, a flurry of bearish patterns is popping-up at the stiff resistance levels. Shooting stars have occurred at 1.2966 and 1.2984 levels, Gravestone Doji at 1.2952...

FxWirePro: EUR/USD trades lower, markets eye G7 summit for further direction
Jun 08, 2018 13:42 pm UTC| Technicals
EUR/USD has declined almost more than 100 pips from the high as Italy is expected to ask for more funds. The pair was trading higher for the past three trading session as ECB is expected to announce end of QE. The pair...

FxWirePro: AUD/USD rejected at 110-EMA, breach below 21-EMA at 0.7581 to see further weakness
Jun 08, 2018 13:19 pm UTC| Technicals
Aussie dented further on weak China trade data, AUD/USD extends downside for 2nd straight session. Disappointing Australia trade balance data (Thursday) along with a modest US Dollar rebound keeps downward pressure on...

FxWirePro: GBP/JPY downside capped by 38.2% fib, good to sell on rallies
Jun 08, 2018 12:38 pm UTC| Technicals
GBP/JPY is showing a minor decline after hitting high of 148.11 yesterday. The pair jumped 500 pips from the low of 143.19 made on May 29th 2018. The yen recovered slightly as US trade war with other countries still...

FxWirePro: AUD/NZD finds strong support at 1.0787, good to go short on break below
Jun 08, 2018 12:35 pm UTC| Technicals
AUD/NZD extends weakness for a second straight session, trades 0.43% lower on the day. Disappointing Chinese trade surplus data weighs for the second straight session on the Aussie. Weak Chinas trade surplus in...

Jun 08, 2018 11:58 am UTC| Technicals
Gold prices trades in narrow range between $1289 and $1306.50 for the past nine trading session. US dollar index was trading slightly higher after a huge decline yesterday on account of hopes that ECB would wind up...