
FxWirePro: USOIL extends range trade, outlook remains bullish
May 18, 2022 13:53 pm UTC| Technicals
Chart - Courtesy Trading View US OIL was trading rangebound for the second straight session, outlook however remains bullish. The pair has formed back to back Doji and inverted hammer formations, denting further...

FxWirePro: EUR/JPY Daily Outlook
May 18, 2022 13:29 pm UTC| Technicals
Chart - Courtesy Trading View EUR/JPY slipped lower from session highs and was trading 0.50% lower on the day at 135.76 at around 12:40 GMT. The single currency remained on the back foot after Eurozone Consumer Price...

FxWirePro- Top altcoins for the day (Strength index)(CHZUSD and SANTOUSD)
May 18, 2022 10:21 am UTC| Technicals
Top Altcoins Strength Index (4- hour chart calculated using EMA and Average directional index...

May 18, 2022 09:47 am UTC| Technicals
Pair Value Recommendation EURGBP 379.96 Strong Buy CHFJPY -340.16 Strong Sell EURGBP Major resistance- 0.8535 Near-term support- 0.8430 Trend reversal...

May 18, 2022 09:40 am UTC| Technicals
Pair Value Recommendation EURGBP 379.96 Strong Buy CHFJPY -340.16 Strong Sell EURGBP Major resistance- 0.8535 Near-term support- 0.8430 Trend reversal...

FxWirePro- GBPJPY Daily Outlook
May 18, 2022 09:21 am UTC| Technicals
GBPJPY declined sharply after upbeat UK inflation data. The yearly CPI came at 9% in Apr 40-year high as energy prices soars. Any breach below 1.2350 confirms intraday bearishness. GBPJPY hits an intraday low of 159.85 and...

FxWirePro: S&P500 Daily outlook
May 18, 2022 09:02 am UTC| Technicals
Major support- 3800 SP500 has formed double bottom around 3850 and shown a minor pullback. The index regained above 4000 on upbeat market sentiment. Aggressive tightening measures by Fed put pressure on the...