FxWirePro: ETH/EUR capped below 5-DMA, break below 360 to see further weakness
Jun 25, 2018 11:34 am UTC| Technicals Digital Currency
ETH/EUR edges higher from 2-month lows at 359, we see hammer formation at lows. Trade extends in a slopping channel pattern and bias remains bearish. The pair is currently trading at 400 levels, up 2.39% on the...
FxWirePro: EUR/USD consolidates in narrow range , good to buy on dips
Jun 25, 2018 10:38 am UTC| Technicals
EUR/USD pared its minor loss made in the Asian session after release of better tha nexpected German IFO data. German IFO business confidence data came at 101.8 in May compared to forecast of 101.90 but did slightly better...
FxWirePro: AUD/NZD finds stiff resistance in 1.0774 - 1.0792 zone, upside only on break above
Jun 25, 2018 09:57 am UTC| Technicals
AUD/NZD is extending upside for the 4th straight session, trades around 1.0763 after hitting session highs at 1.0769. The pair remains capped between 100-DMA and 21-EMA, breakout could provide clear directional...
FxWirePro: GBP/JPY trades weak, good to sell on rallies
Jun 25, 2018 09:05 am UTC| Technicals
GBP/JPY is once again showing a minor weakness after a jump. The pairs trend is weak as long as resistance 148.11 high made on Jun 7th2018. GBPJPY recovered till 146.63 and started to decline sharply from that level....
FxWirePro: XAG/USD rejects key support at $16.27 mark, bias turns bullish again
Jun 25, 2018 08:47 am UTC| Technicals
XAG/USD is currently trading around $16.40 marks. It made intraday high at $16.46 and low at $16.27 levels . Intraday bias remains bullish till the time pair holds key support at $16.27 mark. A daily close...
Jun 25, 2018 08:13 am UTC| Technicals Digital Currency Insights & Views
Last year, the journey from $735.3 to a whopping $19,891. (at BITFINEX exchange), or 2,605% surge was commendable. However, on the contrary, the Bitcoin bears have held steady from the last couple of months trading...
FxWirePro: USD/ZAR hovers around 13.50 mark, stay bullish only above 13.58
Jun 25, 2018 07:50 am UTC| Technicals
USD/ZAR is currently trading around 13.51 levels. It made intraday high at 13.52 and low at 13.38 levels. Intraday bias remains neutral till the time pair holds key resistance at 13.58 mark. A daily close...
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