FxWirePro: EUR/USD 2.618 chart pattern
Jan 11, 2018 10:34 am UTC| Technicals
Major resistance 1.2020 (61.8% fib). EUR/USD has shown a good upside yesterday till 1.20176 on rumors came that China might halt or reduce U.S treasury purchase. The pair started to decline from that level. The pair...
Jan 11, 2018 10:29 am UTC| Technicals
AUD/CAD is extending spike for 2nd successive session, trades 0.54% higher on the day. Dismal Canadian building permits data and NAFTA setback weighed heavily on the Canadian Dollar. Reuters reports mentioning...
Jan 11, 2018 09:27 am UTC| Technicals
ETH/EUR is extending downside from 1150 levels, currently hovers around 1000 mark after hitting session lows at 961. The pair spiked past 1000 barrier to hit fresh all-time highs at 1150 levels. But, price was...
FxWirePro: USD/CHF upside capped by trend line resistance, good to buy on dips
Jan 11, 2018 08:35 am UTC| Technicals
USD/CHF declined almost 90 pips from the high of 0.98455 made yesterday. The sudden decline in the pair was mainly due to news that China is expecting to reduce or halt US bond purchase. Swiss franc jump was short lived...
FxWirePro: USD/ZAR trades in narrow range, South Africa’s manufacturing production data in focus
Jan 11, 2018 08:23 am UTC| Technicals
USD/ZAR is currently trading around 12.45 levels. It made intraday high at 12.46 and low at 12.38 levels. Intraday bias remains neutral till the time pair holds key support at 12.26 mark. A daily close...
FxWirePro: DASH/USD finds strong support at 943 (50-DMA), good to go short on break below
Jan 11, 2018 08:02 am UTC| Technicals Digital Currency
DASH/USD is trading 9.28% lower on the day, currently at 997 levels. The pair is trading in a Symmetric Triangle pattern and is attempting break of triangle base. 50-DMA at 943 offers strong support and we see...
FxWirePro: GBP/JPY takes support near trend line, good to buy on dips
Jan 11, 2018 07:11 am UTC| Technicals
GBP/JPY declined more than 200 pips from the high of 152.60 yesterday on account of strong yen. The yen was trading higher against all majors after BOJ has planned to trim its bon d purchase. The pair continuing its...
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