Aug 20, 2018 13:25 pm UTC| Technicals
USD/CAD has formed almost a triple top around 1.31750 and shown a good decline from that level. The pair has lost more than 100 pips from the high after stronger than expected Canada CPI data. Canadas monthly CPI came at...
FxWirePro: US Oil extends range trade above 200-DMA, break below to see further weakness
Aug 20, 2018 12:37 pm UTC| Technicals
US Oil has faded a spike to 66.08, trades 0.20% lower at 65.68. Rebound in the US dollar in anticipation of the US-China trade talks scheduled later this week, collaborated to downside in oil. The pair extends...
FxWirePro: USD/CAD trades lower on strong Canadian CPI data, good to sell on rallies
Aug 20, 2018 11:48 am UTC| Technicals
Major support - 1.1300 EURUSD has recovered almost 150 pips from the low of 1.1300 on account of short covering and hopes of US-China trade talks. Markets eye Italy budget consolidating after hitting low of 1.13011. The...
FxWirePro: ETH/USD fails to hold above 300, good to go short on rallies
Aug 20, 2018 11:38 am UTC| Digital Currency Technicals
(Refer ETH/USD chart on Trading View) ETH/USD surged to 322 levels on August 18, but failed to hold its strength above the 300 mark. It is currently trading at 290 levels at the time of writing (Coinbase). On the...
FxWirePro: AUD/CHF edges higher from session lows, break above 21-EMA to see further upside
Aug 20, 2018 11:33 am UTC| Technicals
Refer AUD/CHF chart on Trading View AUD/CHF edges higher from session lows at 0.7556, intraday bias slightly bullish. Price action has broken above 1H 200 SMA and hourly cloud. 5-DMA has turned north and...
FxWirePro: USD/CAD trades lower on strong Canadian CPI data, good to sell on rallies
Aug 20, 2018 11:13 am UTC| Technicals
USD/CAD has formed almost a triple top around 1.31750 and shown a good decline from that level. The pair has lost more than 100 pips from the high after stronger than expected Canada CPI data. Canadas monthly CPI came at...
FxWirePro: EUR/CAD fails at 1H 200-SMA, stay short on break below hourly cloud
Aug 20, 2018 10:38 am UTC| Technicals
Refer EUR/CAD chart on Trading View EUR/CAD has failed to extend gains above 1H 200-SMA. Price action has broken below major EMAs on the hourly charts and is currently holding support at hourly...
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