FxWirePro: EUR/USD trades lower on rising US bond yields, good to sell on rallies
Apr 20, 2018 12:25 pm UTC| Technicals
EUR/USD is trading weak during European session and declined almost more than 50 pips on account of rising US 10 year bond yields. The weak of Eurozone also supporting dollar price rise. The yield difference between US 10...
Apr 20, 2018 11:51 am UTC| Technicals
USD/CHF was trading higher and jumped more than 70 pips. It hits fresh 3- month high at 0.97414. The Swiss franc was trading weak against all pairs as SNB Chairman Jordan said in interview that the depreciation of Swiss...
FxWirePro: ETH/EUR hovers around 55-EMA at 472, decisive break above could see further upside
Apr 20, 2018 11:17 am UTC| Technicals Digital Currency
ETH/EUR extends break above 55-EMA at 472, bias higher. The pair is trading with a bullish momentum and decisive close above 55-EMA could see further upside. Next major resistance on the upside is seen at 23.6%...
FxWirePro: XRP/USD trades well above 200- day MA, jump till $1 likely
Apr 20, 2018 11:08 am UTC| Technicals
Ripple is continuing its bullish trend for third consecutive days and from yesterdays low pair has jumped almost 25%. The pair broken major resistance at 0.7450 (200- day MA) and jumped till 0.8814. The pair formed almost...
Apr 20, 2018 10:38 am UTC| Technicals Insights & Views
The gold (XAUUSD) has been spiking through rising wedge pattern which is bullish in nature, you could see bears popping up at wedge resistance with back-to-back shooting stars formations (see the circled area on weekly...
FxWirePro: USD/CHF trades higher after SNB Chairman Speech, good to buy on dips
Apr 20, 2018 10:36 am UTC| Technicals
USD/CHF was trading higher and jumped more than 70 pips. It hits fresh 3- month high at 0.97414. The Swiss franc was trading weak against all pairs as SNB Chairman Jordan said in interview that the depreciation of Swiss...
FxWirePro: AUD/CHF falters at 200-DMA, 'Bearish Bat' formation raises scope for downside
Apr 20, 2018 10:30 am UTC| Technicals
AUD/CHF fails to extend gains above 200-DMA, retraces from 3-month highs at 0.7567. The pair has broken below 5-DMA and price currently is holding support at daily cloud. We evidence a Bearish Bat formation on...
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