FxWirePro: USD/CHF Daily Outlook
Aug 08, 2018 12:39 pm UTC| Technicals
USD/CHF has shown a good recovery of more than 100 pips from the low of0.98675. The poair hgits high of 0.9870 and shown a minor decline. With no major economic data to be released markets eye US PPPI and CPI data to be...
Aug 08, 2018 12:27 pm UTC| Technicals
Refer AUD/NZD chart on Trading View AUD/NZD consolidates break above trendline resistance, trades 0.19% lower on the day. The pair has edged lower from new 7-month highs at 1.1034, hovers at 1.0994...
FxWirePro: USD/CAD trades higher on escalating tensions between Canada and Saudi,ggod to buy on dips
Aug 08, 2018 12:08 pm UTC| Technicals
USD/CAD has shown a good recovery on more than 130 pips from the low of 1.29623 made on Aug 7th on rising geo political tensions between Canada and Saudi. Saudi Arabia has expelled Canadian ambassador ,froze new trade and...
FxWirePro: ETH/USD breaks below 400, bias bearish, stay short
Aug 08, 2018 11:55 am UTC| Digital Currency Technicals
(Refer ETH/USD chart on Trading View) ETH/USD has broken below the 400 mark and is currently trading at 367 levels at the time of writing (Coinbase). The pair is down by over 11 percent so far this week. On the...
FxWirePro: GBP/CHF slumps below 61.8% Fib, hits 10-month lows at 1.2811, bias lower
Aug 08, 2018 11:14 am UTC| Technicals
Refer GBP/CHF chart on Trading View GBP/CHF slumps below 61.8% Fib, to hit 10-month lows at 1.2811. Brexit woes show little sign of dissipating anytime soon, GBP to remain under pressure. Traders await...
Aug 08, 2018 10:24 am UTC| Digital Currency Technicals
BTC/EUR edges higher from 4-week lows at 5500, trades at 5614 at the time of writing. The pair fails at 200-DMA, extends downside after bearish divergence on Stochs. Downside finds strong support at daily cloud...
FxWirePro: Prefer to go long on XAG/USD around $15.35 with stop loss at $15.28 and target of $15.52
Aug 08, 2018 08:40 am UTC| Technicals
XAG/USD is currently trading around $15.36 marks. It made intraday high at $15.44 and low at $15.32 levels. Intraday bias remains bullish till the time pair holds key support at $15.22 mark. A daily close...
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