FxWirePro: USD/CAD trades higher on weak Canadian economic data, good to buy on dips
Apr 23, 2018 08:55 am UTC| Technicals
USD/CAD recovered sharply almost more than 250 pips from the low of 1.25275 made on Apr 17th 2018. Loonie jumped mainly due to weak economic data. The pair hits high of 1.27840 and is currently trading around...
FxWirePro: USD/JPY extends bullish gap open, eyes 38.2% Fib at 108.49, stay long
Apr 23, 2018 08:41 am UTC| Technicals
USD/JPY is extending bullish gap open, the pair is trading 0.24% higher on the day. The pair has been climbing steadily as the Greenback remains buoyed as Treasury yields continue to lift. Technical indicators...
FxWirePro: USD/CNY trades in narrow range, PBOC sets yuan mid-point at 6.3034
Apr 23, 2018 07:29 am UTC| Technicals
USD/CNY is currently trading around 6.2946 marks. It made intraday high at 6.2967 and low at 6.2892 levels. Intraday bias remains neutral for the moment. A sustained close above 6.3034 marks will test key...
FxWirePro: GBP/JPY takes support near trend line, good to buy on dips
Apr 23, 2018 07:11 am UTC| Technicals
GBP/JPY declined sharply almost 300 pips previous week on account of weak GBP. Pound sterling was trading weak against all majors in previous week on account of weak UK economic data.UK CPI , wage growth and retail sales...
Apr 23, 2018 07:06 am UTC| Technicals
USD/ZAR is currently trading around 12.14 levels. It made intraday high at 12.15 and low at 12.04 levels. Intraday bias remains bullish till the time pair holds key support at 11.94 mark. A daily close...
FxWirePro: ETH/EUR tests 110-EMA at 514, good to go long on decisive break above 520 (200-DMA)
Apr 23, 2018 07:01 am UTC| Technicals Digital Currency
ETH/EUR tests 110-EMA at 514 levels, decisive break above could see further upside. The pair is trading with a bullish momentum and decisive close above 110-EMA could see extension of gains. RSI shows strength...
Apr 23, 2018 06:52 am UTC| Technicals
USDJPY major stiff resistance is observed at 107.856 levels. We spotted out USDJPYs bullish engulfing patterns in our recent posts, ever since then the prices have gone above 7 and 21DMAs, signaling more rallies in the...
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