
FxWirePro: GBP/JPY trades lower on weak UK manufacturing production, good to sell on rallies
Jun 11, 2018 09:45 am UTC| Technicals
GBP/JPY has shown a good jump in todays trading and jumped almost more than 100 pips. The pair hits high of 147.84 and started to decline slightly after weaker than expected UK manufacturing production data. UK...

FxWirePro: NZD/USD fails to break below 0.70 handle, bullish divergence keeps scope for upside
Jun 11, 2018 09:12 am UTC| Technicals
NZD/USD is extending sideways grind, bullish divergence on RSI and stochs keeps scope for upside. The major has held above 0.70 handle and we see weakness only on break below. Upside finds immediate resistance at...

FxWirePro: Silver fails to break key resistance at $16.90 mark, bias turns bearish again
Jun 11, 2018 08:45 am UTC| Technicals
XAG/USD is currently trading around $16.76 marks. It made intraday high at $16.90 and low at $16.66 levels. Intraday bias remains slightly bearish till the time pair holds key resistance at $16.90 mark. A...

FxWirePro: Gold trades in narrow range, break above $1308 confirms bullishness
Jun 11, 2018 07:18 am UTC| Technicals
Gold prices trades in narrow range between $1289 and $1306.50 for the past three weeks. The major focus is on US President and North Korean leader Kim Jong Un which is to be held on Jun 12th.. The summit will be the first...

FxWirePro: 21-EMA at 1.5525 caps upside in EUR/AUD, good to go long on decisive break above
Jun 11, 2018 07:08 am UTC| Technicals
EUR/AUD edges higher from session lows at 1.5482, trades 0.19% higher on the day. The pair has bounced off strong trendline support at 1.5315 and has reclaimed 200-DMA. Technical indicators are turning bullish....

Jun 11, 2018 06:45 am UTC| Technicals
USD/ZAR is currently trading around 13.00 levels. It made intraday high at 13.11 and low at 13.00 levels. Intraday bias remains bearish till the time pair holds key resistance at 13.15 mark. A daily close...

FxWirePro: AUD/NZD holds strong support at 1.0787, weakness only on break below
Jun 11, 2018 06:34 am UTC| Technicals
AUD/NZD is trading in a narrow range, finds strong support at 1.0787 (nearly converged 55 and 110-EMA). The pair has paused downside, but bearish divergence on Stochs keeps scope for further weakness. A...