FxWirePro: Copper holds cloud support, break below to see further weakness
Nov 28, 2018 13:13 pm UTC| Technicals Research & Analysis
Copper chart on Trading View used for analysis Copper bounces off cloud support, trades 0.78% higher on the day at 2.736 at the time of writing. Base metals to remain under pressure from lingering concerns over...
Nov 28, 2018 12:46 pm UTC| Technicals
USDCAD has recovered sharply more than 100 pips yesterday and broken major resistance 1.33179 high made on Nov 20th2018. The pair was trading higher for past four trading session on account of lower crude oil prices and US...
FxWirePro: CAD/CHF recovery capped at 200-DMA, slips below cloud, good to short rallies
Nov 28, 2018 12:15 pm UTC| Technicals Research & Analysis
CAD/CHF chart on Trading View used for analysis CAD/CHF is trading 0.18% lower on the day at 0.7495 at the time of trading. The pair trades below 200-DMA and recovery attempts were capped at stiff resistance at...
Nov 28, 2018 11:20 am UTC| Technicals
SP500 has jumped more than 30 points yesterday on slightly easing trade tension between US and China. The index hits high of 2687 and has closed above 10- day MA (2675). SP500 has formed temporary top around 2818 and lost...
FxWirePro: NZD/CAD bounces off 200-DMA support, stay long above 0.9080
Nov 28, 2018 10:37 am UTC| Technicals Research & Analysis
NZD/CAD chart on Trading View used for analysis NZD/CAD has bounced off strong support at 200-DMA. The pair is now extending gains for the 3rd straight session. Upside finds stiff resistance at 200W SMA at...
FxWirePro: USD/CHF struggles to close above 1.000 level, good to buy on dips
Nov 28, 2018 10:24 am UTC| Technicals
Ichimoku Analysis (Daily Chart) Tenken-Sen- 0.9998 Kijun-Sen- 1.0019 USDCHF was trading higher and jumped nearly 90 pips from the low of 0.99088. The pair hits high of 1.00033 and is currently trading...
FxWirePro: Loonie hits 5-month high and holds above 1.3300 level, jump till 1.3385 likely
Nov 28, 2018 09:58 am UTC| Technicals
USDCAD has recovered sharply more than 100 pips yesterday and broken major resistance 1.33179 high made on Nov 20th2018. The pair was trading higher for past four trading session on account of lower crude oil prices and US...
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