FxWirePro: USD/CAD trades weak on rising crude oil price, good to sell on rallies
Jan 10, 2018 12:54 pm UTC| Technicals
CAD outperformed USD and enjoyed more than 150 pips rally in 2018. USD/CAD declined sharply after forming temporary top around 1.29202 on Dec 19th 2017. The main reason for the rally in Canadian dollar is due to better...
FxWirePro: USD/CAD trades weak on rising crude oil price, good to sell on rallies
Jan 10, 2018 12:54 pm UTC| Technicals
CAD outperformed USD and enjoyed more than 150 pips rally in 2018. USD/CAD declined sharply after forming temporary top around 1.29202 on Dec 19th 2017. The main reason for the rally in Canadian dollar is due to better...
Jan 10, 2018 12:29 pm UTC| Technicals
Major support 113.72 (trend line joining 113.09 and 113.29). CHF/JPY declined almost 200 pips from the high of 116.16 made on Jan 5th 2018. The pair breaks 233 day MA at 113.96 and shown a mild dip till 113.79. It is...
FxWirePro: EUR/USD downside capped by 20 –day MA, good to sell on rallies
Jan 10, 2018 11:32 am UTC| Technicals
EUR/USD is slightly consolidating after hitting low of 1.19162 yesterday. The pair has formed a double top around 1.20891. The bullish continuation only above 1.2092. It is currently trading around 1.19967. Market...
FxWirePro: EUR/NZD capped at 5-DMA, momentum studies bearish, further weakness on cards
Jan 10, 2018 10:43 am UTC| Technicals
EUR/NZD recovery attempts capped at 5-DMA at 1.6721, bias bearish. The pair has broken 100-DMA support at 1.6756, price action rages below daily cloud which is strong resistance. Technical studies support further...
FxWirePro: GBP/USD breaks minor trend line support, dip till 1.3430 likely
Jan 10, 2018 10:30 am UTC| Technicals
Cable continuing its down trend and has broken below 1.3500 after a consolidation for the past four trading session. The pair jumped slightly by 15 pips after better than expected UK manufacturing production data released...
Jan 10, 2018 10:24 am UTC| Technicals Digital Currency
NEO/USD weakness short lived, downside in the pair rejected at session lows at 105.75. The pair has shown a decisive break above major trendline resistance at 109.50. We see upside intact as long as the pair...
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