FxWirePro: USD/CHF downside capped by 10- day MA, good to buy on dips
Feb 12, 2018 12:36 pm UTC| Technicals
USD/CHF has declined more than 100 pips from the yesterday high of 0.94701. The pair declined till 0.93484 and is currently trading around 0.93840. Technically in the daily chart, the pair has taken support near 10...
FxWirePro: Good to short GBP/AUD on 'Double Top' and bearish divergence
Feb 12, 2018 11:19 am UTC| Technicals
GBP/AUD is extending downside after forming Double Top at 1.80 levels. We see bearish divergence from price action on RSI and Stochs which adds to the bearish bias. The pair has slipped below 5-DMA and finds next...
FxWirePro: XRP/USD trade above $1 level, jump till 1.500 likely
Feb 12, 2018 11:17 am UTC| Technicals
Major resistance 1.2700 (23.6% fibo). Ripple has shown a minor bullishness and broken resistance at 1.0200. The pair jumped till 1.2300 and is currently trading around 1.06500. The pair is trading higher and...
Feb 12, 2018 10:53 am UTC| Technicals
FxWirePro Currency Strength Index for EUR/JPY: Bias Bearish FxWirePros Hourly EUR Spot Index was at -75.8942 (Bearish) FxWirePros Hourly JPY Spot Index was at 66.9157 (Neutral) Technical Analysis: - Price...
FxWirePro: USD/CAD forms shooting star in daily chart, good to sell on rallies
Feb 12, 2018 10:38 am UTC| Technicals
USD/CAD declined almost 100 pips after hitting high of 1.26880. The pair hits intraday low of 1.25540. The decline in prices was due to Canadian jobs data came at Feb 9th 2018. It is currently trading around...
FxWirePro: BCH/USD finds strong resistance at 4H 100-SMA at 1289, good to go long on break above
Feb 12, 2018 10:29 am UTC| Technicals
BCH/USD is struggling at break past stiff resistance at 4H 100-SMA currently at 1289 levels. Technical studies are turning slightly bullish on 4H charts. RSI is strong above 50 levels and biased higher, while MACD is...
FxWirePro: Buy EUR/USD above 1.2300
Feb 12, 2018 09:34 am UTC| Technicals
EUR/USD has recovered nearly 93 pips from the low of 1.22057 made yesterday. The pair jumps from the fresh 2- week low as global market tension eases and minor selling in US 10 year bond yields. The pair hits intraday high...
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