FxWirePro: GBP/USD breaches 1.2920 level , decline till 1.2785 likely
Oct 24, 2018 10:42 am UTC| Technicals
Major support- 1.2920 GBPUSD continuing its weakness after a minor jump above 1.3000 level. The pair hits high of 1.30443 and lost more than 100 pips on account of broad based US dollar buying. It has declined till...
FxWirePro: EUR/CAD rejected at 55-DMA, good to stay short on upticks
Oct 24, 2018 09:52 am UTC| Technicals Research & Analysis
EUR/CAD chart on Trading View used for analysis EUR/CAD has been rejected at 55-EMA, slips below 20-DMA to trade 0.41% lower on the day. Euro dented across the board after eurozone PMIs missed expectations to...
FxWirePro: Euro weakens across the board after dismal PMI data, stay short EUR/JPY, target 61.8% Fib
Oct 24, 2018 09:14 am UTC| Technicals Research & Analysis
EUR/JPY chart on Trading View used for analysis EUR/JPY extends weakness, trades 0.46% lower on the day at 128.40 at the time of writing. Euro dented across the board after eurozone PMIs missed...
FxWirePro: South African rand trades flat ahead of CPI, core CPI data
Oct 24, 2018 07:49 am UTC| Technicals
USD/ZAR is currently trading around 14.24 levels. It made intraday high at 14.27 and low at 14.22 levels. Intraday bias remains neutral till the time pair holds key support at 14.22 mark. A daily close...
FxWirePro: EUR/JPY short setup - Momentum oscillators substantiate streaks of bearish patterns
Oct 24, 2018 07:32 am UTC| Technicals
Please be noted thatEURJPYhas evidenced the sizeable price slumps upon below mentioned candlesticks and chart patterns. For now, the trend continues to be weaker. Technical chart and candlestick patterns formed The...
FxWirePro: GBP/CAD holds cloud support, good to go short on break below
Oct 24, 2018 07:14 am UTC| Technicals Research & Analysis
GBP/CAD chart on Trading View used for analysis GBP/CAD is trading in a narrow range, holds support at daily cloud. Risks skewed to the downside for the pound. Premature hopes on Brexit headlines once more gave...
FxWirePro: Sell EURUSD below 1.14300
Oct 24, 2018 06:54 am UTC| Technicals
EURUSD is trading weak below 1.1500 level after European Commission expelled Italian budget proposal. Italian 10 year bond yield jumped more than 10% and spread between German bund and Italy has increased to 320 basis...
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