
FxWirePro: Chinese yuan falls in early Asia after mixed economic data
Oct 19, 2017 03:07 am UTC| Technicals
USD/CNY is currently trading around 6.6311 marks. It made intraday high at 6.6365 and low at 6.6236 levels. Intraday bias remains bullish till the time pair holds key support at 6.6010 mark. A sustained...

FxWirePro: South Korean won trades marginally lower against euro after BOK’s base rate decision
Oct 19, 2017 01:37 am UTC| Technicals
EUR/KRW is currently trading around 1,334 mark. Pair made intraday high at 1,335 and low at 1,333 levels. Intraday bias remains slightly bullish till the time pair holds key support at 1,327 mark. A...

Oct 19, 2017 01:15 am UTC| Technicals
AUD/NZD is currently trading around 1.0983 marks. Pair made intraday high at 1.0985 and low at 1.0951 marks. Intraday bias remains bullish till the time pair holds key support at 1.0930 mark. A sustained...

Oct 18, 2017 12:15 pm UTC| Technicals
Chart Pattern Formed Head and Shoulders. EUR/USD has recovered slightly after hitting low of 1.17361 yesterday and pair is still below 1.1800 level. Euro declined yesterday on rumor that Fed President Trump got...

FxWirePro: GBP/USD declined slightly after lower UK wage growth, good to sell on rallies
Oct 18, 2017 09:40 am UTC| Technicals
Cable has shown a further decline after UK jobs data. UK Jobless rate remains at 4.3%, lowest since 1975. The number of people claiming unemployment benefits increased to 1.7K compared to forecast of 1K. But wage growth...

FxWirePro: USD/CAD Double Top and Long legged Doji
Oct 18, 2017 09:00 am UTC| Technicals
USD/CAD has declined sharply once again after hitting high of 1.25908 yesterday on strong crude oil prices. Lonnie has dipped till 1.24875 and is currently trading around 1.25235. Crude oil price rose yesterday on...

Oct 18, 2017 08:06 am UTC| Technicals Insights & Views
Before we begin with this technical write up, please go through our previous analytic work on this pair where we had advocated short hedges in order to arrest bearish risks a few days...