
Crypto Technicals: IOT/USD extends weakness below 21-EMA, bears target 0.2580
May 06, 2019 11:51 am UTC| Digital Currency Technicals
IOT/USD chart - Trading View Exchange - Bitfinex Support: 0.2580 (Apr 28 low); Resistance: 0.3005 (21-DMA) Technical Analysis: Bias Bearish - IOT/USD has edged higher from session lows at 0.5762 - The pair...

May 06, 2019 10:29 am UTC| Technicals Digital Currency Insights & Views
Bitcoin bulls have managed to break-out $5,746 levels which acted as strong support (now stiff resistance, refer weekly chart for intermediate trend). According to InsideBitcoins, BTCUSD has now approached the critical...

FxWirePro:USDCAD holds above 1.3400 level on weak oil price, good to buy on dips
May 06, 2019 10:08 am UTC| Technicals
USDCAD is trading in range between 1.33770 and 1.34940 for past three trading days. Lonnie shown a good recovery of more than 100 pips on account of weak oil price.Crude oil was trading weak for past 2-week and declined...

FxWirePro: DAX trades lower as Shanghai slips more than 6% on trade tension, good to sell on rallies
May 06, 2019 08:00 am UTC| Technicals
Major support - 12147 (20- day MA) DAX lost more than 2% from high of 12454 made on Friday after US Trumps tweet about US-Sino trade deal. Trump made it clear that US will impose more tariffs on Chinese goods. It...

FxWirePro: USDCHF declines on trade war tension, good to sell on rallies
May 06, 2019 06:56 am UTC| Technicals
USDCHF has has once again declined after showing a jump above 1.02000 on Friday. US economy has added 263000 jobs in Apr compared to forecast of 181K and unemployment declined sharply from 3.8% to 3.6%. USD Index jumped...

FxWirePro: EUR/JPY breaks trendline support at 123.75, eyes 61.8% Fib at 122.14
May 06, 2019 06:11 am UTC| Technicals
EUR/JPY chart - Trading View EUR/JPY extends gap down open, trades 0.36% lower at 123.98 at 0600 GMT. The pair has broken strong trendline support at 123.75, bias bearish. Persisting risk-off fuelled by...

FxWirePro:Gold recovers sharply on renewed US-Sino trade tension, good to buy on dips
May 06, 2019 06:01 am UTC| Technicals
Gold has shown a massive recovery after hitting low of $1266.80 on Friday. US economy has added 263000 jobs in Apr compared to forecast of 181K and unemployment declined sharply from 3.8% to 3.6%. USD Index jumped till...