
FxWirePro: GBP/NZD holds above 110-EMA, good to go long on dips
Feb 26, 2018 09:19 am UTC| Technicals
GBP/NZD bounces off 110-EMA, bias higher, scope for further upside. The pair is trading in a Symmetric Triangle pattern, has bounced off strong support at 1.89 (major trendline support). Technical indicators are...

FxWirePro: GBP/USD trades above 1.4000 level, good to buy on dips
Feb 26, 2018 08:52 am UTC| Technicals
Cable trading higher in Asian session and jumped almost 37 pips from low of 1.39640. The pair broken convincingly above 1.4000 level jumped till 1.40389. It is currently trading around 1.40459. UK GDP came slightly...

FxWirePro: Silver rises noticeably against U.S. dollar, bias remains bullish
Feb 26, 2018 08:22 am UTC| Technicals
XAG/USD is currently trading around $16.72 marks. It made intraday high at $16.74 and low at $16.41 levels. Intraday bias remains bullish till the time pair holds key support at $16.48 mark. A daily close...

Feb 26, 2018 07:34 am UTC| Technicals
USD/ZAR is currently trading around 11.51 levels. It made intraday high at 11.57 and low at 11.50 levels. Intraday bias remains bearish till the time pair holds key resistance at 11.70 mark. A daily close...

Feb 26, 2018 07:32 am UTC| Technicals
Chart pattern: USDJPY price slumps constantly remained well below 21DMAs despite recent mild rallies (see the yellow line on daily plotting). Ever since the hammer pattern has occurred at 106.272 levels that have shown...

FxWirePro: Gold takes support at 55- day EMA on weak dollar, good to buy on dips
Feb 26, 2018 07:18 am UTC| Technicals
Gold has shown a good recovery in Asian session on account of slight weakness in US dollar. Feds monetary policy report released on Friday shows that the chance of Fed to hike rates more than thrice this year is very less....

Feb 26, 2018 07:00 am UTC| Technicals
USD/CNY is currently trading around 6.3140 marks. It made intraday high at 6.3372 and low at 6.3123 levels. Intraday bias remains bearish till the time pair holds key resistance at 6.3328 mark. A sustained...