Tag Archives: #technical_analysis

  Silver trades marginally lower, downside limited XAG/USD is currently trading around $16.46 marks. It made intraday high at $16.54 and low at $16.44 levels. Intraday bias remains slightly bearish till the time pair holds key resistance at $16.52 mark. A daily close above $16.52 will test key resistances at …

AUD/JPY holds above 84 handle, eyes 38.2% Fibonacci, stay long AUD/JPY is extending gains above 84 handle after breakout at 20-DMA resistance. Technical studies are biased higher. RSI has shown a rollover from oversold levels. Stochs are biased higher and MACD is showing a bullish crossover on signal line. Further, …

USD/CHF trades flat, market eyes US CPI USD/CHF has shown a minor decline after hitting high of 0.95345 on Mar 9th 2018. The pair is trading in narrow range for almost 75 pips for the past three days. The pair hits low of 0.94591 and is currently trading around 0.94844. …

Gold trades higher on slow US wage growth, good to buy on dips Gold has shown a minor recovery after hitting low of $1314.99 yesterday. The yellow metal hits high of $1325.58 at the time of writing. DXY recovered slightly from the low of 89.84 and is trading at 90.05. …

AUD/CAD grinds higher in ‘rising channel’ pattern, watch out for channel breakout for further upside AUD/CAD extends grind higher in ‘Rising Channel’ pattern. Scope for further upside. The pair has resume upside after brief retrace from multi-week highs at 1.0136. Price action has retraced dip below 5-DMA and is on …

Dax30 trades flat, all eyes on US CPI DAX index was trading flat yesterday after hitting high of 12479 and closed slightly higher at 12399 0.04% lower. US markets has shown a minor decline and investors assessing US trade policy.S&P500 futures is trading flat at 2784 0.06% higher and traders …

AUD/USD consolidating gains above 20-dma, focus on US CPI data for further impetus AUD/USD is trading in a narrow range as markets remain cautious ahead of US CPI data due later in the day. The Aussie largely muted on upbeat NAB business conditions index which hit a record high in …

NZD/CHF resumes upside after brief consolidation, good to go long on decisive break above 200-dma at 0.6941 NZD/CHF is trading 0.47% higher on the day. The pair is extending upside after brief consolidation in the previous session. Price action has broken out of ‘Symmetric Triangle’ pattern and now finds stiff …

South Korean WON trades marginally lower in early Asia, faces strong resistance at 1,314 Mark EUR/KRW is currently trading around 1,313 mark. Pair made intraday high at 1,313 and low at 1,311 levels. Intraday bias remains neutral till the time pair holds immediate resistance at 1,314 mark. A sustained close …

Thai Baht rises gradually against U.S. Dollar, breaks key support at 31.27 Mark USD/THB is currently trading around 31.27 marks. It made intraday high at 31.30 and low at 31.25 marks. Intraday bias remains bearish till the time pair holds key resistance at 31.50 mark. On the top side, key …