FxWirePro: 5-DMA caps upside in CAD/CHF, bias lower, stay short
Jun 26, 2018 05:55 am UTC| Technicals
CAD/CHF trades in an extremely narrow range, capped below 5-DMA. The pair is consolidating break below major trendline support at 0.7445, bias lower. We see further weakness on charts, scope for test of 78.6% Fib...
FxWirePro: Nikkei recovers slightly from low of 22043, good to sell on rallies
Jun 26, 2018 05:55 am UTC| Technicals
Asian markets pared most of its gains following foot steps of US markets on account of rising trade war concerns.US market has closed weak with Dow Jones 24252 (1.33% lower) lost almost more than 300 points and SP500 2717...
FxWirePro: USD/INR trades in narrow range, consistent close above 68.15 requires for upside rally
Jun 26, 2018 05:51 am UTC| Technicals
USD/INR is currently trading around 68.06 marks. It made intraday high at 68.14 and low at 68.02 marks. Intraday bias remains bullish the time pair holds key support at 67.79 mark. Key resistances are seen...
FxWirePro: EUR/CAD consolidates break above 100-DMA, on track to test 61.8% Fib at 1.5688, stay long
Jun 26, 2018 05:32 am UTC| Technicals
EUR/CAD is consolidating a break above 100-DMA on Fridays trade, slips below to close at 1.5455. The pair brushes aside potential shooting star formation on the daily candle, edges higher. Price action rages...
FxWirePro: EUR/CAD consolidates break above 100-DMA, on track to test 61.8% Fib at 1.5688, stay long
Jun 26, 2018 05:32 am UTC| Technicals
EUR/CAD is consolidating a break above 100-DMA on Fridays trade, slips below to close at 1.5455. The pair brushes aside potential shooting star formation on the daily candle, edges higher. Price action rages...
FxWirePro: USD/JPY fades rallies amid general risk-off, breaks strong support at 21-EMA, bias lower
Jun 26, 2018 04:30 am UTC| Technicals
USD/JPY trades 0.29% lower on the day at 109.42 at the time of writing. Bears fade rallies in the pair as general risk-off sentiment continues in the market. President Donald Trump called for the EU and China to...
FxWirePro: USD/JPY fades rallies amid general risk-off, breaks strong support at 21-EMA, bias lower
Jun 26, 2018 04:30 am UTC| Technicals
USD/JPY trades 0.29% lower on the day at 109.42 at the time of writing. Bears fade rallies in the pair as general risk-off sentiment continues in the market. President Donald Trump called for the EU and China to...
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