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FxWirePro: EUR/USD trades weak on declining bund yields, good to sell on rallies

Mar 28, 2018 11:15 am UTC| Technicals

EUR/USD is trading slightly below 1.2400 after a minor recovery till 1.24200. The pair minor weakness was due to decline in German bund yields which trades below 0.5%. The increase safe haven has prevented investors to go...

FxWirePro: NZD/USD fails at 0.73 handle, good to go short on close below 5-DMA

Mar 28, 2018 11:02 am UTC| Technicals

NZD/USD extends decline for 2nd consecutive day after upside was rejected at 0.73 handle. The Reserve Bank of New Zealand (RBNZ) Change in governance keeping the kiwi subdued. The RBNZ is projected to stand pat...

FxWirePro: WTI CFDs repeat the history with display of shooting star in minor trend, bulls in major trend unlikely to exhaust – Short trades and long hedges

Mar 28, 2018 11:01 am UTC| Technicals Insights & Views

Spot out WTI CFDs frequent occurrences of shooting stars and hanging man patterns at peaks of recent rallies (refer circular areas on the daily chart). Subsequently, these bearish patterns evidence slumps, more weakness...

FxWirePro: USD/CHF trades higher on decreasing safe haven demand, good to buy on dips

Mar 28, 2018 10:06 am UTC| Technicals

USDCHF has been trading on the higher side in todays Asian session. The pair hits low of 0.94585 yesterdays US session and shown a good recovery on easing US-China trade war. The increase in risk appetite has dragged the...

FxWirePro: EUR/JPY finds stiff resistance at 200-DMA (131.90), break below 5-DMA to see further weakness

Mar 28, 2018 09:45 am UTC| Technicals

EUR/JPY rejected at 200-DMA again on Tuesdays trade, slips lower to close below 21-EMA. Minor recovery attempts on the day was rejected at session highs at 131.17, slips below 131 handle. The pair finds stiff...

FxWirePro: GBP/JPY trades in narrow range, good to sell on rallies

Mar 28, 2018 09:20 am UTC| Technicals

GBP/JPY has shown a good jump after hitting low of 148.93 yesterday on account good recovery in GBP against all majors. GBP recovered sharply against USD on hopes of fresh solution on Irish border. Yen declined yesterday...

FxWirePro: Silver trades marginally lower, downside limited

Mar 28, 2018 08:46 am UTC| Technicals

XAG/USD is currently trading around $16.47 marks. It made intraday high at $16.55 and low at $16.43 levels. Intraday bias remains neutral till the time pair holds key support at $16.42 mark. A daily close...

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Politics

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Science

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Technology

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Oracle Corporation (NYSE: ORCL) shares surged sharply in extended trading on Thursday, reflecting renewed investor optimism fueled by reports of a potential U.S. TikTok transaction and fresh fundraising discussions...
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