
FxWirePro: USD/CAD trades higher on dovish BOC, good to buy on dips
Apr 19, 2018 10:21 am UTC| Technicals
USD/CAD recovered slightly from the low of 1.25275 made on Tuesday. Loonie jumped more than 100 pips after BOC monetary policy statement. It hits high of 1.26594 and is currently trading around 1.26180. BOC has...

FxWirePro: EUR/JPY struggles at 100-DMA, good to go long on break above
Apr 19, 2018 10:02 am UTC| Technicals
EUR/JPY is extending choppy trade between 100 and 200 DMAs, near-term bias bullish. Technical indicators support upside in the pair. We see scope for gains on breakout at 100-DMA. RSI is above 50 and biased...

FxWirePro: GBP/JPY trades below 7- day MA, good to sell on rallies
Apr 19, 2018 09:00 am UTC| Technicals
GBP/JPY declined sharply almost more than 150 pips yesterday on account weak GBP. Pound sterling was trading weak against all majors yesterday after weaker than expected UK CPI data. UK inflation rose 2.5% lowest since Mar...

FxWirePro: USD/JPY rejected at session highs, break below 5-DMA to see further weakness
Apr 19, 2018 08:25 am UTC| Technicals
USD/JPY has retraced from session highs at 107.51, slips lower to currently trade at 107.29. 5-DMA at 107.19 is immediate support, break below will see further weakness. Technical indicators are biased higher....

FxWirePro: Gold recovers slightly on weak dollar, good to buy on dips
Apr 19, 2018 07:24 am UTC| Technicals
Gold jumped almost more than $10 from yesterday low of $1342 on account of easing tensions in Middle East and Korea. But retail sales of gold has been slightly declined due to various factors on Akshya trithya. The easing...

FxWirePro: USD/ZAR slips below 12.00 mark, good to sell on rallies
Apr 19, 2018 06:17 am UTC| Technicals
USD/ZAR is currently trading around 11.92 levels. It made intraday high at 11.94 and low at 11.91 levels. Intraday bias remains bearish till the time pair holds key resistance at 12.02 mark. A daily close...

FxWirePro: Nikkei trades higher on positive global cues, good to buy on dips
Apr 19, 2018 06:12 am UTC| Technicals
Nikkei hits one month high on account of positive global cues and shown a minor profit booking. The index rose more than 2% from yesterdays low. US markets Dow jones and SP500 has closed flat after two days of bullishness....