FxWirePro: AUD/CAD struggles at 21-EMA, good to go long on close above
May 21, 2018 11:06 am UTC| Technicals
AUD/CAD struggles to hold break above 21-EMA, edges lower from session highs at 0.9696. The pair has formed a Doji at highs on the days candle till now, scope for some downside. Price holds above 5-DMA at 0.9640,...
FxWirePro: EUR/GBP capped at 21-EMA, good to go long on break above
May 21, 2018 10:31 am UTC| Technicals
EUR/GBP rejected at 21-EMA at 0.8765, edges lower to currently trade at 0.8759. The pair has broken above 5-DMA and re-entered daily cloud raising scope for further upside. The major is extending trade in a...
FxWirePro: TRON/USD to reach $0.50 after release of Mainnet
May 21, 2018 10:02 am UTC| Technicals
Tron is continuing its bullishness for past 4 trading days and jumped almost more than 40%. It has surpass IOTA in market cap and reached the 9th spot. Overall the pair jumped almost 350% from the low of 0.02280. Justin...
May 21, 2018 09:30 am UTC| Technicals
EUR/AUD is extending weakness below daily cloud, hovers around 23.6% Fib retracement at 1.5586. The pair has broken below 110-EMA which is now strong resistance at 1.5718. The pair has dipped below daily cloud...
FxWirePro: GBP/JPY Daily Outlook
May 21, 2018 09:04 am UTC| Technicals
GBP/JPY is consolidating in narrow range after hitting high of 150 on Friday. The pair jumped almost 200 pips in previous week .The yen was trading weak against all majors today on account of easing geo political tensions...
FxWirePro: XAG/USD slips below $16.30 mark, good to sell on rallies
May 21, 2018 08:32 am UTC| Technicals
XAG/USD is currently trading around $16.28 marks. It made intraday high at $16.44 and low at $16.25 levels. Intraday bias remains bearish till the time pair holds key resistance at $16.48 mark. A daily close...
FxWirePro: USD/ZAR hits fresh 5-month high at 12.89 mark, stay bullish
May 21, 2018 08:09 am UTC| Technicals
USD/ZAR is currently trading around 12.86 levels. It made intraday high at 12.89 and low at 12.74 levels. Intraday bias remains bullish till the time pair holds key support at 12.70 mark. A daily close...
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