
May 10, 2018 01:40 am UTC| Technicals
AUD/NZD is currently trading around 1.0768 marks. Pair made intraday high at 1.0777and low at 1.0681 marks. Intraday bias remains bullish till the time pair holds key support at 1.0658 mark. A sustained...

FxWirePro: LTC/USD takes support near 55- EMA, good to buy on dips
May 09, 2018 13:11 pm UTC| Technicals
LTC/USDhas declined almost more than 15% and shown a minor jump from the low 150.It has jumped till 158.78 and is currently trading around 156.96.The pair has formed major double bottom around 109 and any major weakness...

May 09, 2018 12:23 pm UTC| Technicals
EURUSD is continuing its weakness for second consecutive week and hits fresh 2018 low after breaking yesterdays low of 1.18380. The pair recovered almost 40 pips form the intraday low due to profit booking. But overall...

GBP/USD recovers sharply from low of 1.3485, market eyes BOE’s super Thursday
May 09, 2018 12:07 pm UTC| Technicals
GBP/USD has formed almost a double bottom at 1.3480 and shown a good recovery of almost 100 pips. Market eyes BOEs super Thursday for further direction. Any hawkish tone by BOE will drag the Pound sterling further...

May 09, 2018 12:04 pm UTC| Technicals
Copper extends weakness for 4th straight session, extends grind along cloud base. Upside is capped below 5-DMA, which is immediate resistance at 3.074. Copper is being dragged lower along with the larger...

FxWirePro: ETH/EUR extends grind below 5-DMA, eyes 100-DMA at 554
May 09, 2018 10:09 am UTC| Technicals Digital Currency
ETH/EUR capped below 5-DMA at 643 levels, intraday bias lower. Recovery attempts on Tuesdays trade was capped at 5-DMA. We see Doji formation on daily charts. The pair is extending downside for 4th straight...

FxWirePro: USD/CAD trades amid strong oil price, good to buy on dips
May 09, 2018 09:10 am UTC| Technicals
USD/CAD hits 7- week high yesterday amid rise in crude oil prices. Donald Trump announced yesterday that US will withdraw from 2015 nuclear deal and once again will re impose sanctions on Iran. IUS pulling out of deal a...