Apr 17, 2018 12:24 pm UTC| Technicals
GBP/JPY has recovered sharply after declining almost more than 100 pips yesterday. Pound sterling was trading higher for past three weeks and broken high made on 1.43455 Jan 25th 2018. The pair jumped almost 400 pips in...
Apr 17, 2018 11:59 am UTC| Technicals Digital Currency
ETHEUR on daily terms, forms falling wedge pattern. The trend has been oscillating between falling wedge, where bulls take support at wedge baseline and now attempting to break-out wedge resistance (refer daily...
FxWirePro: EUR/USD declines slightly weak German ZEW data, good to buy on dips
Apr 17, 2018 11:18 am UTC| Technicals
EUR/USD has pared some of its gains in todays European session after weak German ZEW sentiment data. The pair declined sharply almost 50 pips from the intraday high of 1.24137. It hits low of 1.23648 and is currently...
FxWirePro: NZD/JPY falters at 200-DMA, retraces into daily cloud, good to short rallies
Apr 17, 2018 10:47 am UTC| Technicals
NZD/JPY fails to hold gains above 200-DMA, slips lower, bias bearish. The pair is extending downside for 3rd straight session after failure to hold break above 200-DMA. Price action has dipped into daily cloud...
FxWirePro: CAD/CHF struggles at 200-DMA, good to go long on break above
Apr 17, 2018 10:19 am UTC| Technicals
CAD/CHF grinds higher for 5th straight week, bias bullish. Upside in the pair has paused at 200-DMA resistance at 0.7646. Decisive breakout above will see further upside. Technical analysis supports further...
Apr 17, 2018 10:10 am UTC| Technicals Central Banks Insights & Views
As you could watch USDCAD technical chart on daily plotting, the minor trend of this pair has been absolutely bearish bias ever since the occurrence of spinning top, shooting star and bearish engulfing patterns (refer oval...
FxWirePro: GBP/USD declines sharply from Brexit high on weak UK jobs data, sell on rallies
Apr 17, 2018 09:29 am UTC| Technicals
Cable has put a minor stop for bullish trend continuing for past two week. The pair jumped almost more than 400 pips in this month on account of hopes of rate hike by BOE. The pair hits new 2108 high after breaking 1.4345...
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