FxWirePro: GBP/USD Daily Outlook
Dec 11, 2017 10:27 am UTC| Technicals
Cable jumped sharply till 1.35195 from the low of 1.3319 made on Dec 7th 2017. The pair declined slightly after UK BCC warns Brexit uncertainties. GBP/USED dipped till 1.3355 and is currently trading around...
Dec 11, 2017 10:20 am UTC| Technicals
EURCHF short-term trend has been spiking through rising channel, while the bulls in the consolidation phase of the major trend have broken-out the long-lasting range bounded trend. Please observe that the pair has shown...
FxWirePro: US Oil 2618 trade setup
Dec 11, 2017 09:29 am UTC| Technicals
Chart pattern 2618 US oil formed a temporary top around $59.02 and started to decline from that level. The main reason for decline in oil price was increase of shale production in U.S. The commodity declined till...
FxWirePro: USD/CAD Short term Outlook
Dec 11, 2017 08:27 am UTC| Technicals
USD/CAD recovered more than 250 pips from the low of 1.26230 after dovish BOC monetary policy. The pair hits high of 1.28799 and is currently trading around 1.28397. The economic data released recently shows that...
FxWirePro: EUR/USD forms hammer pattern, good to buy on dips
Dec 11, 2017 08:25 am UTC| Technicals
Candlestick Pattern Hammer EURUSD hits 2 week low at 1.17301 on Friday after better than expected US jobs data. The pair recovered almost 40 pips from the days low. It has jumped till 1.17864 at the time of writing...
Dec 11, 2017 07:46 am UTC| Technicals
Shooting star and long-legged doji pattern candles have occurred at 1.1811 and 1.1897 levels on EURUSD monthly and daily plotting respectively. Consequently, bears have managed to plummet the prices in the consolidation...
FxWirePro: XAG/USD fails to find support below $15.70 mark, short term trend reversal likely
Dec 11, 2017 07:38 am UTC| Technicals
XAG/USD is currently trading around $15.85 marks. It made intraday high at $15.86 and low at $15.71 levels. Intraday bias remains bullish till the time pair holds key support at $15.72 mark. A daily close...
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