FxWirePro: NZD/CHF breaks above 23.6% Fib, scope for further upside on bullish divergence
Jul 06, 2018 11:44 am UTC| Technicals
NZD/CHF is extending gains for the 4th straight session, bias higher. The pair is trading 0.52% higher on the day 0.6771 at the time of writing. Price is extending upside after break above 5-DMA and has taken out...
Jul 06, 2018 11:34 am UTC| Technicals
GBP/USD has declined almost 70 pips after Brexit revamp plan fails. German Chancellor Merkel has refused to accept Theresa May new Brexit plan. UK PM Theresa May will host the cabinet meeting at chequers today where...
FxWirePro: GBP/USD declines slightly as Brexit new plan fails, markets eye US NFP data
Jul 06, 2018 11:22 am UTC| Technicals
GBP/USD has declined almost 70 pips after Brexit revamp plan fails. German Chancellor Merkel has refused to accept Theresa May new Brexit plan. UK PM Theresa May will host the cabinet meeting at chequers today where...
FxWirePro: ETH/EUR fails at channel top, slips below 5-DMA, good to short upticks
Jul 06, 2018 11:21 am UTC| Digital Currency Technicals
ETH/EUR upside rejected at 21-EMA, pair extends lower after failure to break out of slopping channel. Price has failed multiple tests at channel top resistance and any further upside only on break above. 21-EMA...
Jul 06, 2018 10:51 am UTC| Technicals Insights & Views
USDCAD has shown a considerable pullback after hitting highs of 1.3386 on account of escalating the US and other economies trade war. Technically, the bears of this pair are activated after failure swings at stiff...
Jul 06, 2018 10:51 am UTC| Technicals Insights & Views
USDCAD has shown a considerable pullback after hitting highs of 1.3386 on account of escalating the US and other economies trade war. Technically, the bears of this pair are activated after failure swings at stiff...
FxWirePro: ETH/USD extends choppy trade below 21-EMA, further bullishness only above 500
Jul 06, 2018 10:50 am UTC| Digital Currency Technicals
ETH/USD remains largely flat on Friday with its upside capped by 21-EMA. It is currently trading at 459 levels at the time of writing (Coinbase). On the upside, a break above 477 (21-EMA) would see the pair testing...