FxWirePro: Copper fails to hold break above 21-EMA, bias lower, stay short on upticks
Aug 14, 2018 12:16 pm UTC| Technicals
Copper struggles to hold break above 21-EMA, edges lower for the 3rd straight session. Price action has broken below 5-DMA and technical indicators support further weakness. Stochs and RSI is sharply lower, MACD...
Aug 14, 2018 12:06 pm UTC| Technicals
Harmonic pattern- Bullish Gartley Pattern Potential Reversal Zone (PRZ)- 136 As per our analysis GBP/JPY has shown a huge recovery of more than 150 pips after taking support near 140level. Intraday trend is slightly...
Aug 14, 2018 12:04 pm UTC| Technicals
Yesterday, EURAUD forms shooting star at 1.5693 levels, but bulls seem to be shrugging-off this bearish pattern. The stiff resistance is observed at 1.5701 levels. Failure swings were observed in the recent past at this...
FxWirePro: GBP/USD declines slightly on slight weak UK wage growth, good to sell on rallies
Aug 14, 2018 11:59 am UTC| Technicals
GBPUSD has halted its weakness after a huge sell off due to Brexit uncertainty. The pair has lost more than 500 pips in this month. It hits low of 1.27229 yesterday and shown a more than 100 pips jump. UK jobs data...
Aug 14, 2018 10:47 am UTC| Technicals
Refer EUR/JPY chart on Trading View FxWirePro Currency Strength Index for EUR/JPY: Bias Bearish FxWirePros Hourly EUR Spot Index was at -139.702 (Bearish) FxWirePros Hourly JPY Spot Index was at 81.6686...
FxWirePro: USD/CAD declines slightly after hitting 3 week high, good to buy on dips
Aug 14, 2018 10:08 am UTC| Technicals
USD/CAD hits 3- week high and shown a minor decline from that level. The pair hits high of 1.31700 after huge sell off in Turkish lira.The huge selling in Turkish lira after Donald Trump imposed double tariffs for metal to...
FxWirePro: USD/JPY bounces off 110-EMA, break above 21-EMA to see further upside
Aug 14, 2018 09:41 am UTC| Technicals
Refer USD/JPY chart on Trading View USD/JPY is extending upside for the 2nd straight session, trades 0.26% higher on the day. The pair has bounced of 110-EMA support on the daily charts and has broken above...
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