Jun 22, 2018 12:11 pm UTC| Technicals
GBP/USD has shown a more than 100 pips jump after BOE monetary policy. Bank of England has kept its interest rates unchanged as expected but with slightly hawkish comment is the main reason for sudden jump in cable.Three...
Jun 22, 2018 12:11 pm UTC| Technicals
GBP/USD has shown a more than 100 pips jump after BOE monetary policy. Bank of England has kept its interest rates unchanged as expected but with slightly hawkish comment is the main reason for sudden jump in cable.Three...
FxWirePro: NZD/USD fails to close below major trendline support, upside till 21-EMA likely
Jun 22, 2018 11:50 am UTC| Technicals
NZD/USD fails to close below major trendline support at 0.6860, bounces of with a Doji formation. Weak NZ Q1 GDP data casts doubt over the expectations of a rebound in the second-quarter growth. Data also weighs...
FxWirePro: BTC/EUR capped below 21-EMA, good to stay short on upticks
Jun 22, 2018 11:22 am UTC| Technicals Digital Currency
BTC/EUR resumes downside after range trade for a couple of sessions. The pair is down 5.47% on the day at the time of writing with scope for further downside. Momentum studies have turned bearish and we see -ve...
FxWirePro: GBP/USD upside capped by 20- day MA, good to buy on dips
Jun 22, 2018 11:18 am UTC| Technicals
GBP/USD has shown a nice jump of more than 200 pips from 7- month low of 1.3100 made yesterday. BOE has kept its interest rates unchanged but hawkish surprise came from MPC vote count which raised odds of Aug rate...
FxWirePro: AUD/CAD pauses at major trendline resistance at 0.9875, good to go long on break above
Jun 22, 2018 10:31 am UTC| Technicals
AUD/CAD upside pauses at major trendline resistance at 0.9875, bias higher. The pair has bounced of 50-DMA support on Tuesdays trade and is up 0.55% on the day. Price action has broken above 200-DMA and technical...
FxWirePro: USD/CAD trades slightly lower, markets eye Canada CPI data
Jun 22, 2018 10:28 am UTC| Technicals
USD/CAD ws trading high for thrd consective week and jumped more than 150 pips this week. The main reason for the weakness in Canadian dollar is increasing trade war and more hawkish Fed.The major event which is to be...
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