
Apr 29, 2019 07:04 am UTC| Technicals
GBPAUDprices have been sliding through sloping channel in the minor trend, whereas the major trend has been spiking through the rising channel. Please be noted that the spinning top pops up at the channel resistance...

USDCHF forms shooting star pattern, dip till 1.0120 likely
Apr 29, 2019 07:01 am UTC| Technicals
Candle stick pattern-Shooting star Major trend line resistance - 1.02500 USDCHF trades lower after a jump above 1.02300. It hits high and 1.02369 and declined nearly 50 pips.US GDP came at 3.2% seasonally...

GBPJPY upside capped by 200-day MA, any break above targets 145.25
Apr 29, 2019 06:04 am UTC| Technicals
Major support- 143.75 GBPJPY has shown a minor jump after making a double bottom around 143.75. It hits high of 144.45 at the time of writing.The jump was mainly due to minor weakness of US dollar against GBP....

FxWirePro: NZD/USD consolidates break above 1H 200 SMA, intraday bias higher
Apr 29, 2019 04:24 am UTC| Technicals
NZD/USD chart - Trading View Fundamental Views: - Greenback fails to capitalise on upbeat U.S. GDP data - Markets now await FOMC decision, markets anticipate more dovishness from policymakers. - Antipodeans buoyed as...

FxWirePro: USD/INR trades in narrow range, stay bearish only below 69.87 mark
Apr 29, 2019 04:10 am UTC| Technicals
USD/INR is currently trading around 69.98 marks. It made intraday high at 70.01 and low at 69.93 marks. Intraday bias remains neutral till the time pair holds immediate support at 69.87 mark. Key resistances...

FxWirePro: Gold recovers sharply on declining US bond yield, good to buy on dips
Apr 29, 2019 04:08 am UTC| Technicals
Gold declined sharply till $1274 after release of US GDP data and shown a massive recovery. US GDP came at 3.2% seasonally adjusted annual rate in the first three months of 2019 well above forecast of 2.0%.The yellow metal...

FxWirePro: AUD/USD extends gains above 5-DMA, surge in China’s industrial profits buoy Aussie
Apr 29, 2019 03:17 am UTC| Technicals
AUD/USD chart - Trading View AUD/USD extends gains for the 3rd straight session, breaks above 5-DMA. Aussie buoyed as Chinas industrial profits surged after the previous two months of deterioration. Chinas...