
Apr 20, 2018 09:04 am UTC| Technicals
AUD/USD was rejected at major resistance at 0.7815 (converged 200-DMA and trendline), bias bearish. The major has slipped below 20-DMA at 0.7717 and we see scope for further weakness. Technical indicators have...

FxWirePro: USD/ZAR hovers around 12.00 mark, bias remains bullish
Apr 20, 2018 07:49 am UTC| Technicals
USD/ZAR is currently trading around 11.99 levels. It made intraday high at 12.00 and low at 11.94 levels. Intraday bias remains bullish till the time pair holds key support at 11.90 mark. A daily close...

FxWirePro: Silver trades in narrow range, faces immediate resistance at $17.18 mark
Apr 20, 2018 07:16 am UTC| Technicals
XAG/USD is currently trading around $17.15 marks. It made intraday high at $17.23 and low at $17.12 levels. Intraday bias remains neutral till the time pair holds key resistance at $17.23 mark. A daily close...

FxWirePro: GBP/JPY trades lower on weak UK retail sales, good to sell on rallies
Apr 20, 2018 07:11 am UTC| Technicals
GBP/JPY declined sharply almost 200 pips yesterday on account weak GBP. Pound sterling was trading weak against all majors yesterday after weaker than expected UK retail sales data. UK retail sales dropped -1.2% mom in Mar...

FxWirePro: EUR/GBP breaks above 21-EMA, on track to test 100-DMA at 0.8811, stay long
Apr 20, 2018 06:55 am UTC| Technicals
EUR/GBP breaks above 21-EMA, hits 2-week highs of 0.8784, bias higher. Pound tumbles on BoE Carneys comments, EUR/GBP pair jumped from below 0.8700 overnight to 0.8770. BoE Governor spoke about higher rates in...

FxWirePro: Gold trades slightly lower on easing geopolitical tensions, good to buy on dips
Apr 20, 2018 06:41 am UTC| Technicals
Gold declined almost more than $10 from yesterday high of $1350 on account of easing tensions in Middle East and Korea. The easing geo political tensions has reduced demand for safe haven assets like gold, yen and Swiss...

FxWirePro: USD/CNY jumps above 6.28 mark, PBOC sets yuan mid-point at 6.2897
Apr 20, 2018 06:39 am UTC| Technicals
USD/CNY is currently trading around 6.2858 marks. It made intraday high at 6.2875 and low at 6.2764 levels. Intraday bias remains bullish till the time pair holds key support at 6.2654 mark. A sustained...