FxWirePro: GBP/CAD retraces below cloud and 200-DMA, further weakness on charts
Feb 12, 2019 11:56 am UTC| Technicals
GBP/CAD chart on Trading View used for analysis GBP/CAD is extending downside for the 3rd successive day, trades 0.36% lower at 1.7039 at 1145 GMT. The pair has slipped below daily cloud and 200-DMA support...
FxWirePro: GBP/NZD finds strong support at 21-EMA, weakness only on break below
Feb 12, 2019 11:15 am UTC| Technicals
GBP/NZD chart on Trading View used for analysis GBP/NZD is trading in a narrow range, at 1.9079 at 1025 GMT. The pair finds strong support at 21-EMA at 1.9046. Break below will see further weakness. Upside...
Feb 12, 2019 11:14 am UTC| Technicals
USDCHF is trading extremely strong and jumped above 1.0050. The pair hits intraday high of 1.00790 level on account of broad based US dollar and easing trade war tension. DXY has rebounded sharply and jumped more than 50...
FxWirePro:DXY forms bearish Gartley pattern, good to sell on rallies
Feb 12, 2019 10:30 am UTC| Technicals
Harmonic pattern formed - Bearish Gartley pattern DXY is trading higher for past two weeks and jumped more than 200 pips on account of broad based US dollar buying. The index hits high of 97.20 and is currently...
FxWirePro: NZD/CAD holds support at 110-EMA, dip till 200-DMA at 0.8871 likely on break below
Feb 12, 2019 09:53 am UTC| Technicals
NZD/CAD chart on Trading View used for analysis NZD/CAD extends sideways grind along major support at 110-EMA. The pair has been capped below 55-EMA and 5-DMA is sharply inclined north which supports further...
FxWirePro: XAG/USD moves in stiff boundaries, Fed chair Powell’s speech in focus
Feb 12, 2019 08:38 am UTC| Technicals
XAG/USD is currently trading around $15.76 marks. It made intraday high at $15.80 and low at $15.65 levels. Intraday bias remains neutral for the moment. A daily close above $15.80 will test key resistances...
FxWirePro: EUR/CAD on track to test 78.6% Fib at 1.4944, stay short on upticks
Feb 12, 2019 08:33 am UTC| Technicals
EUR/CAD chart on Trading View used for analysis EUR/CAD edges lower from session highs at 1.5016, bias lower. The pair is extending weakness for the 3rd straight session, momentum bearish. The ECB and...
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