Oct 25, 2018 06:33 am UTC| Technicals Insights & Views
EURCADbearish candles with big real bodies are signifying the weakness of this pair in the major trend and the minor trend slides through sloping channel, these bearish patterns nudge prices below DMAs, while the bulls...
FxWirePro: GBP/CHF breaks into daily cloud, intraday bias bearish, stay short
Oct 25, 2018 06:18 am UTC| Technicals Research & Analysis
GBP/CHF chart on Trading View used for analysis GBP/CHF is extending grind lower, slips into daily cloud, bias lower. The pair is trading in a narrow range on the day and we see scope for wekaness. Brexit...
Oct 25, 2018 06:03 am UTC| Technicals
Gold is trading steady above $1230 level despite strong USD. The huge sell-off in global stock market has increased demand for yellow metal. The major three factors that drive gold prices US dollar Index:...
Oct 25, 2018 05:38 am UTC| Technicals
GBP/CAD chart on Trading View used for analysis The Canadian dollar tumbled post BoC decision, but later pared losses on a hawkish statement that followed. As widely expected, the Bank of Canada hiked the policy...
FxWirePro: EUR/JPY breaks below daily cloud, hovers around 61.8% Fib ahead of ECB policy meeting
Oct 25, 2018 05:00 am UTC| Technicals Research & Analysis
EUR/JPY chart on Trading View used for analysis The single currency remians under pressure heading into todays ECB October monetary policy meeting due at 1145 GMT. EUR/JPY hit session lows at 127.50 before...
FxWirePro: Nikkei declines more than 3pct after Wall Street rout, good to sell on rallies
Oct 25, 2018 04:12 am UTC| Technicals
Asian marketsis tradingextremely weak with Nikkei lost more than 3% after Wall Street rout. US markets has shown huge sell-off yesterday especially NASDAQ lost more than 4% ,Dow closed at 24583 (2.4% lower) and SP 500 2656...
FxWirePro: USD/CNY consolidates around 6.94 mark, PBOC sets yuan mid-point at 6.9409
Oct 25, 2018 02:55 am UTC| Technicals
USD/CNY is currently trading around 6.9430 marks. It made intraday high at 6.9439 and 1low at 6.9419 levels. Intraday bias remains neutral for the moment. A sustained close above 6.9450 marks will test key...
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