FxWirePro: USD/CAD declines slightly from fresh 2018 high, market eyes Canada’s GDP
Mar 02, 2018 10:42 am UTC| Technicals
USD/CAD continuing its bullishness and hits fresh 2018 high at 1.28955 yesterday. The pair shown a minor decline from the high. The Canadian dollar down almost 4.2% worst performer for this month. The pair continuing its...
FxWirePro: BTC/EUR breaks above 110-EMA, good to go long on close above 8925 (channel top)
Mar 02, 2018 10:35 am UTC| Technicals Digital Currency
BTC/EUR has closed above 110-EMA on Thursdays trade, raises scope for further upside. The pair is extending trade in a downward sloping channel and is currently hovering around channel top. Technical indicators...
FxWirePro: EUR/USD recovers sharply after Trump’s import tariff, good to buy on dips
Mar 02, 2018 10:21 am UTC| Technicals
EUR/USD recovered from 7- week low amid Trumps announcement of import tariff. US Donald Trump announce steel products will be charged 25% while for aluminum 10%. The pair hits intraday high of 1.22878 and is currently...
FxWirePro: USD/CHF faces strong resistance around 0.9500, good to sell on rallies
Mar 02, 2018 09:54 am UTC| Technicals
USD/CHF has shown a major decline after hitting high of 0.94900 and is trading below 200- H MA. The pair formed almost triple bottom at 0.9320 and any bearish continuation can be seen below that level. level. The pair hits...
Mar 02, 2018 09:47 am UTC| Technicals
Bears form triple top with top 1 at 89.425, top 2 at 90.305, top 3 at 89.089, and neckline at 84.397 (refer weekly plotting). For now, more slumps seem to be on cards upon breach below the neckline, bearish WMA MACD...
FxWirePro: AUD/NZD eyes channel base at 1.0630, violation there could see further weakness
Mar 02, 2018 08:38 am UTC| Technicals
AUDNZD is extending downside after failure to hold break above 20-DMA, bias lower. The pair is extending downside for 3rd consecutive session, is currently trading at 1.0676 levels, down 0.17% on the...
FxWirePro: GBP/JPY trades well below 233- day MA, good to sell on rallies
Mar 02, 2018 08:19 am UTC| Technicals
GBP/JPY has been continuously weak for third consecutive day. The pair declined almost 540 pips from the temporary top of 150.93. The pair decline was mainly due to strength in Japanese yen. The pair hits low of 145.46 and...
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