
FxWirePro: AUD/CAD slips below 1.00 handle, eyes channel base at 0.9925, stay short
Mar 22, 2018 08:18 am UTC| Technicals
AUD/CAD breaks below 1.00 handle, extends weakness below 20-DMA. The pair is trading 0.28% lower on the day, extending downside for 6th consecutive session. The pair closed below 20-DMA support on Wednesdays...

FxWirePro: GBP/JPY faces strong resistance at 50- day MA, good to sell on rallies
Mar 22, 2018 07:15 am UTC| Technicals
GBP/JPY jumped almost more than 100 pips from the low of 148.95 made yesterday. The minor jump in the pair was mainly due to extreme bullishness of GBP after less hawkish US fed monetary policy. The pair hits high of...

FxWirePro: Gold trades higher after Fed meeting, good to buy on dips
Mar 22, 2018 06:55 am UTC| Technicals
Gold jumped almost $15 after US fed monetary policy. The yellow metal hits high of $1335 and shown a minor decline from that level. The main reason for jump is due to slight weakness in US dollar. DXY has declined sharply...

FxWirePro: EUR/GBP holds above 0.87 handle, break below will see further weakness
Mar 22, 2018 06:54 am UTC| Technicals
EUR/GBP downside pauses at 0.87 handle. The pair pared losses from session lows at 0.8707 to close at 0.8724 on Wednesdays trade. The major is trading in a narrow range as markets await EZ PMIs along with UK retail...

Mar 22, 2018 06:47 am UTC| Technicals
USDJPY attempts of rallies are restrained below 21-DMAs, the pair that is in bearish mood formed shooting star at 106.410 and 106.564 levels to signal weakness. Thereby, bears have managed to hamper previous bullish...

FxWirePro: GBP/NZD trades range bound ahead of UK retails sales and BoE policy meet
Mar 22, 2018 06:39 am UTC| Technicals
GBP/NZD is trading in a narrow range as markets await UK retail sales and BoE policy meet. Reserve Bank of New Zealand left interest rates at a record low 1.75 percent for a sixteenth-straight month earlier in the...

FxWirePro: USD/CNY moves in stiff boundaries, PBOC sets yuan mid-point at 6.3167 per U.S. dollar
Mar 22, 2018 06:36 am UTC| Technicals
USD/CNY is currently trading around 6.3209 marks. It made intraday high at 6.3223 and low at 6.3124 levels. Intraday bias remains neutral till the time pair holds key resistance at 6.3515 marks. A sustained...