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FxWirePro: Taiwanese dollar falls gradually against U.S. dollar, stay bullish only above 29.50 mark

Feb 09, 2018 02:48 am UTC| Technicals

USD/TWD is currently trading around 29.40 marks. It made intraday high at 29.43 and low at 29.33 marks. Intraday bias remains neutral till the time pair holds key resistance at 29.50 mark. A daily close...

FxWirePro: USD/SGD jumps above 1.3300 mark, faces strong resistance at 1.3375 mark

Feb 09, 2018 02:03 am UTC| Technicals

USD/SGD is currently trading around 1.3318 marks. It made intraday high at 1.3330 and low at 1.3309 levels. Intraday bias remains bullish till the time pair holds key support at 1.3234 mark. A daily close...

FxWirePro: South Korean won trades almost flat against euro, stay bullish only above 1,342 mark

Feb 09, 2018 01:14 am UTC| Technicals

EUR/KRW is currently trading around 1,339 mark. Pair made intraday high at 1,342 and low at 1,339 levels. Intraday bias remains neutral till the time pair holds key resistance at 1,342 mark. A sustained...

FxWirePro: Crude oil trades weak, good to sell on rallies

Feb 08, 2018 13:07 pm UTC| Technicals

Major support- $61.75. Oil prices declined almost 2.5% yesterday and hits one month low on rising US crude stock piles. US crude production hits record high of 10.25 million barrels per day. The commodity hits low of...

FxWirePro: XRP/USD Daily Outlook

Feb 08, 2018 11:33 am UTC| Technicals

Major support 0.4900 (233- day MA). Ripple is consolidating after hitting low of 0.56270 level. The pair jumped till 0.8250 yesterday and is currently trading around 0.75570. Last hopes for bulls to come back...

FxWirePro: USD/CAD Trade Idea

Feb 08, 2018 11:30 am UTC| Technicals

USD/CAD continuing its bullishness for fifth consecutive days. The pair jumped almost 360 pips form the low of 1.22472. The jump in prices was mainly due to rise in US 10 year bond yields and declining crude oil prices....

FxWirePro: EUR/USD trades well below 20- day MA, good to sell on rallies

Feb 08, 2018 10:59 am UTC| Technicals

EURUSD declined sharply after breaking major support at 1.2315 (20 day MA). The pair hits fresh 2- week low on increasing US dollar demand. The pair dipped almost 175 pips form yesterday high. It is currently trading...

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