FxWirePro: USDCHF trades higher, break above 1.00 level confirms further bullishness
Oct 25, 2018 11:46 am UTC| Technicals
USDCHF trades higher after breaking minor resistance 0.9980. The pair jumped till 0.99945 and is currently trading around 0.99925.Swiss franc was trading weak on account of broad based US dollar buying. US dollar index...
FxWirePro: USDCAD trades after hawkish rate hike by BOC, good to sell on rallies
Oct 25, 2018 10:32 am UTC| Technicals
USDCAD has slipped more than 100 pips yesterday after hawkish rate hike by Bank of Canada. BOC governor hiked interest rates by 25 basis point to 1.75% yesterday. The central bank was optimistic on the economy after new...
FxWirePro: NZD/USD holds above 0.65 handle, scope for downside on break below
Oct 25, 2018 10:02 am UTC| Technicals Research & Analysis
NZD/USD chart on Trading View used for analysis New Zealand unadjusted monthly trade deficit widened $90m in September to $1,560m, hits new record. NZD/USD has pared losses and edged higher from session lows at...
Oct 25, 2018 07:51 am UTC| Technicals
Chart pattern: Bullish divergence in CCI and RSI SP500 has lost nearly 4.75% this week and hits low of 2650 yesterday. The oscillator is daily chart shows bullish divergence and in oversold territory. The index has...
Bitcoin hedging and arbitrage opportunities on shrinking volatility
Oct 25, 2018 07:42 am UTC| Research & Analysis Technicals Insights & Views Digital Currency
Cryptocurrency space strikes a lot of attention for its unusual volatility, that also poses considerable risk for extensive returns. On the risk perspective, arbitrage is the strategy that appears to be low-risk...
FxWirePro: CHFJPY breaks long term trend line support, decline till 110.50 is likely
Oct 25, 2018 07:01 am UTC| Technicals
CHFJPY is trading weak for fourth consecutive week and has lost more than 600 pips from the peak. It hits low of 112.17 and is currently trading 112.58. Short term trend is bearish as long as resistance 113.85-114...
FxWirePro: USD/JPY extends weakness for 3rd straight session, eyes 50-DMA at 111.53, stay short
Oct 25, 2018 06:47 am UTC| Technicals Research & Analysis
USD/JPY chart on Trading View used for analysis USD/JPY trades in the red for the 3rd consecutive session, bias lower. SP 500 futures have dropped well below the key support of the 50-week EMA, emboldening the...
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