FxWirePro: Kiwi trades marginally lower after mixed economic data
Mar 28, 2018 01:11 am UTC| Technicals
AUD/NZD is currently trading around 1.0582 marks. Pair made intraday high at 1.0588 and low at 1.0559 marks. Intraday bias remains slightly bullish till the time pair holds key support at 1.0556 mark. A...
FxWirePro: XRP/USD faces strong trend line support at 0.5500, good to sell on rallies
Mar 27, 2018 13:34 pm UTC| Technicals
Major Support -0.5500. Ripple is trading weak after hitting high of 0.7250 on Mar 19th 2018. The pair has declined slightly till 0.5791 from the high and is currently trading around 0.5700. Any break above 0.7250...
Mar 27, 2018 12:25 pm UTC| Technicals
GBP/JPY declined more than 100 pips in todays session on account sudden decline in GBP due to profit booking. Yen declined yesterday more than 100 pips as US China trade war tension eases. The pair hits high of 150.50 and...
FxWirePro: USD/CHF trades higher on easing trade war tensions, good to buy on dips
Mar 27, 2018 12:23 pm UTC| Technicals
USDCHF has declined till 0.94345 and shown a minor jump from that level. The pair hits high of 0.94957 after breaking minor trend line resistance and is currently trading around 0.94952. The main reason for recovery...
FxWirePro: USD/CAD takes support near trend line, good to buy on dips
Mar 27, 2018 12:22 pm UTC| Technicals
USD/CAD is continuing its weakness for past one week. The pair hits high of 1.31250 and started to decline from the high. Canadian dollar has shown a good jump mainly due to rise in crude oil prices. And positive economic...
Mar 27, 2018 11:52 am UTC| Technicals
Chart and candlestick patterns formed- Rising channel pattern, shooting stars and hammer pattern candlesticks at channel resistance and support respectively on monthly plotting, interim bulls test support at 21DMA upward...
FxWirePro: AUD/NZD holds channel base support at 1.0590, 'Death Cross' keeps scope for downside
Mar 27, 2018 11:16 am UTC| Technicals
AUD/NZD holds channel base support at 1.0590, we see weakness on break below. Recovery was rejected at session highs at 1.0627, pair is trading down 0.06% on the day. We evidence a Death Cross (bearish 50-DMA...
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