FxWirePro: USD/CHF trades higher, good to buy on dips
Mar 01, 2018 11:16 am UTC| Technicals
USD/CHF continuing its bullish trend for fifth consecutive days and is trading well above 0.9410 level. The pair formed almost triple bottom at 0.9320 and any further weakness only below that level. The pair hits intraday...
FxWirePro: EUR/JPY consolidates break below 200-DMA, hovers around 130 handle, bias lower
Mar 01, 2018 10:59 am UTC| Technicals
EUR/JPY is trading in an extremely narrow range, consolidating break below 200-DMA. The pair is currently hovering around 130 handle, we see scope for further weakness. Technical indicators are bearish. RSI and...
Mar 01, 2018 10:16 am UTC| Technicals
The gold (XAUUSD) bears resume exactly at rising wedge resistance but despite the bearish sentiments in the minor trend, the consolidation phase in the major uptrend on track of extending rising wedge pattern and retracing...
FxWirePro: AUD/CAD slips below 5-DMA, Aussie dented on big miss in Australia Q4 capex
Mar 01, 2018 10:04 am UTC| Technicals
AUD/CAD fails to break out of at major trendline resistance at 0.9975 (channel top). Aussie dented across the board on the back of a big miss in Australia Q4 capex data. Australias seasonally adjusted capex fell...
FxWirePro: USD/CAD hits 10- week high, good to buy on dips
Mar 01, 2018 10:01 am UTC| Technicals
USD/CAD continuing its bullishness and hits 10 week high yesterday highest monthly decline since Alberta wild fire. The Canadian dollar down almost 4.2% worst performer for this month. The pair continuing its bullish trend...
FxWirePro: BTC/EUR struggles at channel top, intraday bias neutral
Mar 01, 2018 09:33 am UTC| Technicals Digital Currency
BTC/EUR is extending trade in a downward sloping channel. The pair is currently range bound for the day, hitting a days high of 8720 and a low of 8364. Price action hovers around 110-EMA and is struggling to...
FxWirePro: Silver hits fresh 2 – week low at $16.29 mark, Fed chair Powell’s testifies in focus
Mar 01, 2018 08:27 am UTC| Technicals
XAG/USD is currently trading around $16.32 marks. It made intraday high at $16.40 and low at $16.29 levels. Intraday bias remains slightly bearish till the time pair holds key resistance at $16.42 mark. A...
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