LTC/USD forms double bottom around 105, break above 200- day MA (150) confirms minor bullishness
Apr 19, 2018 12:57 pm UTC| Technicals
LTC/USD shown almost 70% decline from temporary top around $370 made on Dec 19th 2017 high. The pair has formed major double bottom around 106 and shown a good jump of more than 30% till 142.62. It is currently trading...
FxWirePro: XRP/USD hits 1-month high after long consolidation, buy on dips
Apr 19, 2018 12:43 pm UTC| Technicals
Major resistance 0.7450 (200- day MA). Ripple hits high of 0.72500 on Mar 19th 2018 and shown a good decline of almost more than 30% from that level. The pair declined till 0.4514 and once gain recovered 40%. The...
FxWirePro: EUR/USD trades higher amid rising US bond yields, good to buy on dips
Apr 19, 2018 12:01 pm UTC| Technicals
EUR/USD is trading very flat for the past two trading session. The pair hits high of 1.24120 on Tuesday and pared some of its gains in the past two days. Euro was trading slightly positive amid good jump in US 10 year bond...
Apr 19, 2018 11:11 am UTC| Technicals
Chart and candlestick pattern formed Shooting star and spinning top pattern candles have occurred at stiff resistance levels of 133.087. Bulls shrugging off these bearish patterns, earlier bullish engulfing candles...
FxWirePro: AUD/NZD breakout at 20-DMA raises scope for further upside, eyes 61.8% Fib at 1.0721
Apr 19, 2018 11:09 am UTC| Technicals
AUD/NZD breaks above 20-DMA, raises scope for further upside. Aussie bulls shrug-off dismal Australia jobs data, AUD/NZD up 0.38% on the day. The pair is extending previous sessions spike, technical indicators...
FxWirePro: USD/CHF trades higher, good to buy on dips
Apr 19, 2018 11:08 am UTC| Technicals
USD/CHF was consolidating after hitting 4- month high. The Swiss franc was trading weak against all pairs as geo political tensions in Middle East and Korea is easing. So deamd for risky assets are increasing compared to...
Apr 19, 2018 10:23 am UTC| Technicals
FxWirePro Currency Strength Index for GBP/AUD: Bias Bearish FxWirePros Hourly GBP Spot Index was at -107.373 (Bearish) FxWirePros Hourly AUD Spot Index was at 120.261 (Bullish) Technical Analysis: Bias...
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