FxWirePro: Japanese yen trades almost flat after industrial production, retail sales data
Feb 28, 2018 01:17 am UTC| Technicals
USD/JPY is currently trading around 107.36 marks. It made intraday high at 107.52 and low at 107.28 levels. Intraday bias remains neutral for the moment. A daily close above 107.32 will take the parity...
FxWirePro: USD/CAD trades higher on NAFTA talks, good to buy on dips
Feb 27, 2018 13:13 pm UTC| Technicals
USD/CAD recovered sharply after showing minor decline till 1.2610 level. The pair continuing its second day of bullishness on NAFTA talks. The talks go into their seventh round which began Sunday in Mexico City. The pair...
FxWirePro: BTC/EUR finds strong support at 20-DMA at 7930, weakness only on break below
Feb 27, 2018 12:29 pm UTC| Technicals Digital Currency
BTC/EUR is extending bounce off 20-DMA which is strong support (currently at 7930). Technical indicators are biased higher. We see weakness only on break below 20-DMA. RSI strength seen at 54 levels with scope...
Feb 27, 2018 12:21 pm UTC| Technicals
EUR/USD was trading marginally higher and jumped till 1.23227 0.05% higher. Market awaits ahead of his appearance Fed Jerome Powell testimony in congress for further direction. His testimony will be released at 13.30 GMT,...
FxWirePro: USD/CHF struggles to close below 20- day MA, good to buy on dips
Feb 27, 2018 12:17 pm UTC| Technicals
USD/CHF has recovered once again after hitting low of 0.9322. The pair formed almost triple bottom at 0.9320 and any further weakness only below that level. The pair hits intraday high of 0.93885 and is currently trading...
Feb 27, 2018 12:01 pm UTC| Technicals
Chart and candlestick formed: EURAUD forms whipsaws pattern on both daily and 4th weekly and shooting stars, gravestone doji have occurred at 1.5676 and 1.5683 levels respectively on weekly chart to signal...
FxWirePro: EUR/CAD finds strong support at 20-DMA at 1.5514, weakness only on break below
Feb 27, 2018 11:36 am UTC| Technicals
EUR/CAD trades in a rising channel pattern and we see scope for further upside. The pair trades with a major bullish bias and momentum studies are also bullish. Price action holds above major moving averages and...
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