May 18, 2018 13:01 pm UTC| Technicals
EOS/USD has shown an 18% jump in the past 24 hour from low of $11.74 level. EOS has jumped almost more than 300% in this year compared to 65% fall in Bitcoin and 74% drop in ETH . EOS.IO is to be launched at 16:09:29 from...
FxWirePro: USD/CHF downside capped by 20 –day MA, good to sell on rallies
May 18, 2018 12:55 pm UTC| Technicals
Major resistance 1.0060 USDCHF has shown a minor decline till 0.99575 and started to recover from that level. The pair almost formed almost a double top at 1.00560 and started to consolidate within narrow range. Any...
FxWirePro: EUR/NZD breaks below 20-DMA, on track to test 50-DMA at 1.70, stay short
May 18, 2018 12:05 pm UTC| Technicals
EUR/NZD extends slump below 20-DMA, on track to test 50-DMA at 1.70. The pair is trading in a rising channel pattern and is extending downside after rejection at channel top. The pair has formed a Shooting Star...
May 18, 2018 11:54 am UTC| Technicals
GBP/JPY is continuing its upward momentum and jumped almost 80 pips from Wednesday close. The pair has closed slightly above 200- day MA and this confirms minor trend reversal. It has jumped till jumped till 150 at the...
FxWirePro: EUR/USD Daily Outlook
May 18, 2018 11:51 am UTC| Technicals
EUR/USD is consolidating in narrow range and trading slightly weak 25 pips above 2018 low. The pair pared some of its gains in European session. The pair weakness was mainly due to rising US 10 year bond yield. The yields...
FxWirePro: EUR/GBP rejected at 50-DMA, edges lower from session highs at 0.8753
May 18, 2018 10:49 am UTC| Technicals
EUR/GBP recovery was rejected at 50-DMA, the pair slips lower from session highs at 0.8753. Daily cloud weighs heavily on the upside and we see further gains only on break above. The major is extending weakness...
FxWirePro: AUD/JPY extends 20-DMA breakout, eyes 110-EMA at 83.85, stay long
May 18, 2018 10:17 am UTC| Technicals
AUD/JPY breaks above 20-DMA resistance at 82.45, bias higher. The pair is trading largely unchanged on the day at 83.26 at the time of writing, down from session highs at 83.43. Technical indicators support...
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