FxWirePro: AUD/USD capped at 50-DMA (0.7897), upside to resume on break above
Mar 14, 2018 09:39 am UTC| Technicals
AUD/USD holds above 5-DMA support, trades 0.43% higher on the day, bias higher. The Aussie buoyed by upbeat Chinese industrial output and fixed asset investment data. Further USD weakness after US inflation data...
Mar 14, 2018 09:38 am UTC| Technicals Insights & Views
The minor trend of cable (GBPUSD) has been sliding through sloping channel. Upswings are again restrained below channel resistance today. While hammer pattern counters slumps earlier this month, consequently the current...
FxWirePro: USD/CAD trades higher on dovish Poloz speech, good to buy on dips
Mar 14, 2018 09:35 am UTC| Technicals
USD/CAD shown a massive jump of 179 pips from the low of 1.28038. The pair jumped till 1.29845 almost near to 2018 high at 1.30013. Intraday trend is neutral/.The pair should break above 1.3000 for further upside. The main...
FxWirePro: NZD/CAD extends upside in 'Cup & Saucer' pattern, hit fresh 8-month highs at 0.9515
Mar 14, 2018 09:06 am UTC| Technicals
NZD/CAD has hit fresh 8-month highs at 0.9515 before paring some gains to currently trade at 0.9481 levels. Canadian dollar weakens on the back of dovish BoC and falling crude oil prices which adds to upside pressure...
FxWirePro: AUD/CAD breaks out of channel top, good to go long on dips
Mar 14, 2018 08:18 am UTC| Technicals
AUD/CAD has shown a decisive breakout at channel top, raising scope for further upside. Canadian dollar weakens on the back of dovish BoC and falling crude oil prices. On the other side, the Aussie remains buoyed...
FxWirePro: Silver trades in narrow range, U.S. retail sales data in focus
Mar 14, 2018 07:59 am UTC| Technicals
XAG/USD is currently trading around $16.57 marks. It made intraday high at $16.63 and low at $16.53 levels. Intraday bias remains neutral till the time pair holds key resistance at $16.67 mark. A daily close...
FxWirePro: GBP/JPY Daily Outlook
Mar 14, 2018 07:11 am UTC| Technicals
GBP/JPY has shown a good jump of almost more than 150 pips yesterday session on account extreme bullishness of GBP against all majors. The pair hits intraday high of 149.37 and shown a minor profit booking from the high....
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