FxWirePro: USD/CAD trades higher after BOC policy meeting, good to buy on dips
Oct 26, 2017 10:00 am UTC| Technicals
Canadian Dollar tumbled sharply yesterday after Bank of Canada rate decision. Loonie has broken major resistance 1.27780 high made since Aug 15th 2017. The pair hits high of 1.28167 and is currently trading around...
Oct 26, 2017 09:14 am UTC| Technicals Insights & Views
With just 350-375 pips away from the current levels of EURCHF, bulls have been stimulated to hit 3-years highs after the formation of a stern bullish engulfing pattern candle at 1.1656 levels on daily and 1.1442 levels on...
FxWirePro: NZD/JPY struggles to hold break below 78 handle, bias bearish
Oct 26, 2017 09:01 am UTC| Technicals
NZD/JPY is retraced dip below 78 handle, is currently trading around 78.21 levels. The pair has edged higher from multi-week lows at 77.93, bias still bearish. Break of Wedge Base support at 78.90 keeps scope for...
FxWirePro: NZD/CHF capped below 5-DMA, bias lower, stay short
Oct 26, 2017 08:12 am UTC| Technicals
NZD/CHF recovery capped below 5-DMA, bias still bearish. The pair has shown breach at channel base raising scope for further downside. Disappointing NZ trade balance data, which showed that the trade deficit...
FxWirePro: South African rand weakens more than 1 pct to 14.25 on budget shock
Oct 26, 2017 07:56 am UTC| Technicals
USD/ZAR is currently trading around 14.22 levels. It made intraday high at 14.25 and low at 14.02 levels. Intraday bias remains bullish till the time pair holds key support at 14.04 mark. A daily close...
FxWirePro: FTSE100 breaks trend line support, dip till 7195 likely
Oct 26, 2017 07:19 am UTC| Technicals
FTSE100 has formed a temporary top around 7559 and started to decline sharply from that level. The index dipped till 7428 and is currently trading around 7450. The indexs short term trend line support has broken 7457...
FxWirePro: XAG/USD trades in rigid directions, bias remains neutral
Oct 26, 2017 06:58 am UTC| Technicals
XAG/USD is currently trading around $16.98 marks. It made intraday high at $17.01 and low at $16.90 levels. Intraday bias remains neutral for the moment. A daily close above $16.93 will test key resistances...
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