
FxWirePro: Gold to recover on declining US 10 – year bond yield, good to buy on dips
May 29, 2018 06:35 am UTC| Technicals
Gold prices was trading flat yesterday on account of US and U.K market holiday. The yellow metal has jumped slightly above 200- day AM due to political uncertainty in Italy. US and North Korea problem has been slightly...

FxWirePro: EUR/JPY hits new 2018 lows at 126.51, further downside on charts, stay short
May 29, 2018 06:02 am UTC| Technicals
EUR/JPY has extended weakness to hit new 2018 lows at 126.51 before paring some losses to currently trade at 126.77. The major remains capped below 5-DMA and is currently extending weakness below 38.2%...

FxWirePro: USD/TWD hovers around fresh 5-month high at 30.02 mark, stay bullish
May 29, 2018 06:00 am UTC| Technicals
USD/TWD is currently trading around 29.99 marks. It made intraday high at 30.01 and low at 29.91 marks. Intraday bias remains bullish till the time pair holds key support at 29.87 mark. A daily close above...

May 29, 2018 05:07 am UTC| Technicals
USD/JPY bulls struggles to gain traction on Mondays trade. The pair slipped from highs at 109.83 to close below 21-EMA. Risk-off rampant across markets keeping safe haven flows into the Japanese Yen...

FxWirePro: USD/THB jumps above 32.00 mark, consistent close above 32.18 requires for upside rally
May 29, 2018 04:53 am UTC| Technicals
USD/THB is currently trading around 32.09 marks. It made intraday high at 32.11 and low at 31.97 marks. Intraday bias remains bullish till the time pair holds key support at 31.99 mark. On the top side, key...

FxWirePro:Nikkei trades lower on strong yen, good to sell on rallies
May 29, 2018 04:17 am UTC| Technicals
Asian markets are tradingslightly weak especially Nikkei due to strong Yen. The yen is trading strong on account of political uncertainity in Italy and also due to US-N.Korea.Trump Said on Sunday a US team arrived in North...

FxWirePro: AUD/JPY slumps on renewed bout of risk-aversion, breaks below 50-DMA at 82.43, bias lower
May 29, 2018 03:55 am UTC| Technicals
AUD/JPY slumps to 3-week low on renewed bout of risk-aversion, trades 0.59% lower on the day. The pair has shown a decisive break below 50-DMA at 82.43 and is extending weakness for the 6th straight...