
FxWirePro: USD/CHF faces strong support at 0.9550, break below targets 0.9420
Apr 10, 2018 07:52 am UTC| Technicals
USD/CHF has declined almost 100 pips from the previous week high of 0.96475. The slight jump in Swiss franc was mainly due to increase of safe haven asset as US- China trade war tension escalates. It is currently trading...

FxWirePro: GBP/JPY breaks major resistance at 151.50, jump till 152.25 likely
Apr 10, 2018 07:24 am UTC| Technicals
GBP/JPY is continuing its bullish trend for second consecutive week .The pair made fresh high for the week at 151.49 and shown a minor decline. The pair recovered sharply in todays Asian session and broke yesterday high of...

FxWirePro: Norwegian krone falls sharply against major peers after various economic data
Apr 10, 2018 07:23 am UTC| Technicals
EUR/NOK is currently trading at 9.6154 levels. It made intraday high at 9.6228 and low at 9.5609 levels. Intraday bias remains bullish till the time pair holds key support at 9.5580 mark . A sustained close...

FxWirePro: Gold trades slightly weak on increasing risk appetite, good to buy on dips
Apr 10, 2018 06:54 am UTC| Technicals
Gold is trading flat after a strong recovery on Friday. The yellow metal has shown a minor dip after US- China trade tension eases. Chines President Xi announces plan to open up Chinese economy by lowering import tariffs...

FxWirePro: Nikkei trades higher as trade concerns eases, good to buy on dips
Apr 10, 2018 06:52 am UTC| Technicals
Nikkei has shown a good recovery of almost more than 500 points after comment regarding trade war by Chinese President Xi. The index hits high of 21961from yesterdays low of 21427.. Chines President Xi announces plan to...

FxWirePro: EUR/NZD breaks major trendline support at 1.6845, bias lower, stay short
Apr 10, 2018 06:44 am UTC| Technicals
EUR/NZD has shown a break below major trendline support at 1.6845, intraday bias lower. Price action currently hovers around 23.6% Fib at 1.6785. Violation there will see extension of weakness. Technical studies...

FxWirePro: XAG/USD moves in stiff boundaries, downside limited
Apr 10, 2018 06:23 am UTC| Technicals
XAG/USD is currently trading around $16.43 marks. It made intraday high at $16.50 and low at $16.41 levels. Intraday bias remains neutral till the time pair holds key resistance at $16.47 mark. A daily close...