
FxWirePro: Gold trades higher on strong fear factor, good to buy on dips
Feb 14, 2018 06:51 am UTC| Technicals
Gold has jumped almost $15 from yesterday low on increasing markets safety concerns. The yellow metal formed a minor bottom at $1306.95 on Feb 8th 2018 and minor weakness only below that level. The commodity breaks the...

FxWirePro: USD/CNY breaks key resistance at 6.3400 mark, PBOC sets yuan mid-point at 6.3428
Feb 14, 2018 06:44 am UTC| Technicals
USD/CNY is currently trading around 6.3440 marks. It made intraday high at 6.3530 and low at 6.3305 levels. Intraday bias remains bullish for the moment. A sustained close above 6.3379 marks will test key...

FxWirePro: NZD/USD hovers around 20-DMA at 0.7307, breakout to see further upside
Feb 14, 2018 06:10 am UTC| Technicals
NZD/USD struggles to extend break above 20-DMA at 0.7307, break above will see further upside. The pair has edged lower from 2-weke highs at 0.7335, is trading around 0.7310, up 0.50 % at the time of writing. The...

FxWirePro: DAX30 upside capped by 233- day MA, good to sell on rallies
Feb 14, 2018 06:02 am UTC| Technicals
DAX index has closed slightly on the downside yesterday nearly 0.77% lower. But Dow and SP rose slightly on Tuesday for the third consecutive days. Market waits US Consumer price data to be released today for further...

FxWirePro: AUD/USD bounces off 200-DMA, bias higher, good to go long on dips
Feb 14, 2018 05:50 am UTC| Technicals
Broad-based US dollar weakness amid lower US Treasury yields supporting AUD/USD higher. Caution seen in the markets ahead of the key US CPI figures, which are likely to shape up the Feds rate hike outlook this...

FxWirePro: AUD/USD bounces off 200-DMA, bias higher, good to go long on dips
Feb 14, 2018 05:50 am UTC| Technicals
Broad-based US dollar weakness amid lower US Treasury yields supporting AUD/USD higher. Caution seen in the markets ahead of the key US CPI figures, which are likely to shape up the Feds rate hike outlook this...

FxWirePro: Indian rupee appreciates ahead of WPI inflation data
Feb 14, 2018 05:39 am UTC| Technicals
USD/INR is currently trading around 64.16 marks. It made intraday high at 64.28 and low at 64.11 marks. Intraday bias remains bearish till the time pair holds key resistance at 64.28 mark. Key resistances...