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FxWirePro: NZD/USD finds stiff resistance at 0.7297, good to go long on break above

Mar 02, 2018 07:44 am UTC| Technicals

NZD/USD has failed to break below 200-DMA support at 0.7175, we see further weakness only on break below. The pair has edged higher on broad-based USD weakness. Price has broken above 5-DMA at 0.7252. Bias still...

FxWirePro: CAD/JPY forms 3-black crows after back-to-back shooting stars to intensify bearish trend on breach below wedge baseline – Trade one touch puts

Mar 02, 2018 07:28 am UTC| Insights & Views Technicals

Chart and candlestick pattern formed- Shooting stars repeatedly at 88.634, 88.129 and 88.629 levels respectively (refer weekly plotting). These bearish patterns are followed by 3-black crow pattern which is again a serious...

FxWirePro: Gold takes support near 100- day MA, good to buy on dips

Mar 02, 2018 06:50 am UTC| Technicals

Gold has shown a minor recovery after ten days of continuous selling. The yellow metal slight was supported by slight weakness in US dollar and jump in Volatility index. US dollar has declined sharply almost 80 pips till...

FxWirePro: NZDJPY upside capped below 5-DMA, on track to test channel base at 76.30

Mar 02, 2018 06:35 am UTC| Technicals

NZD/JPY recovery from 2-month lows at 76.61 failed to hold break above 5-DMA on Thursdays day. Upside on the day also remains capped at 5-DMA, bias lower. The pair eyes channel base at 76.30. Momentum studies are...

FxWirePro: NZDJPY upside capped below 5-DMA, on track to test channel base at 76.30

Mar 02, 2018 06:35 am UTC| Technicals

FxWirePro: EUR/JPY resumes downside after break below 200-DMA, upside capped at 5-DMA

Mar 02, 2018 06:23 am UTC| Technicals

EUR/JPY has resumed downside after close below 200-DMA on Feb 28th trade. Minor recovery attempts capped below 5-DMA which is immediate resistance at 130.62. Yen remains bid amid risk-off after Trumps...

FxWirePro: EUR/JPY resumes downside after break below 200-DMA, upside capped at 5-DMA

Mar 02, 2018 06:23 am UTC| Technicals

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Economy

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Politics

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Science

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Technology

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