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FxWirePro :CHF/JPY Trade Idea

Oct 22, 2018 11:45 am UTC| Technicals

Major support- 112.65 (trend line support and 200 day MA) CHF/JPY has taken support near 200- day MA and trend line support and recovered more than 50 pips. The pair hits high of 113.41 and is currently trading...

FxWirePro: NZD/JPY Trade Idea

Oct 22, 2018 11:31 am UTC| Technicals

NZD/JPY chart on Trading View used for analysis Technical Analysis: Bias Bullish - Extends breaks into cloud and above 21-EMA - Breaks above 55-EMA and pauses just shy of 23.6% Fib - Stocks and RSI are biased higher,...

USDCHF trades steady, any break above 0.9980 confirm further bullishness

Oct 22, 2018 11:28 am UTC| Technicals

USD/CHF is trading steady after a minor decline. The pair hits intraday low of 0.99399 and shown a good recovery. It is currently trading around 0.99796. It has taken support near 5 day MA and any break below 0.9930...

FxWirePro: Copper tests major resistance at 110-EMA, close above to see further gains

Oct 22, 2018 10:47 am UTC| Technicals

Copper chart on Trading View used for analysis Copper prices are extending gains for a second straight session, up 1.12% on the day. Metals remain buoyed by PBOC pledge to support firms with liquidity...

FxWirePro :CHF/JPY downside capped by trend line and 200 day MA, good to buy on dips

Oct 22, 2018 09:45 am UTC| Technicals

Major support- 112.65 (trend line support and 200 day MA) CHF/JPY has taken support near 200- day MA and trend line support and recovered more than 50 pips. The pair hits high of 113.41 and is currently trading...

FxWirePro: EURUSD trades higher on declining yield spread between German and Italy, jump 1.16200 is likely

Oct 22, 2018 09:35 am UTC| Technicals

EURUSD pared most of its loss made on Friday. The pair hits low of 1.14332 and jumped more than 100 pips. The main reason for the jump is slight ease in Italy budget issue. The 10 year Italy bond yield has fallen more than...

FxWirePro: EUR/JPY spikes past 130 handle, focus on Italy-German yield spread for further impetus

Oct 22, 2018 08:06 am UTC| Technicals

EUR/JPY chart on Trading View used for analysis EUR/JPY spikes past 130 handle, trades 0.41% higher on the day at 130.04 after hitting highs of 130.20. The pair has bounced of cloud support and decisive break...

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