
FxWirePro: S&P500 enters bear market territory, good to sell on rallies
Dec 18, 2018 12:46 pm UTC| Technicals
SP500 is trading weak for third consecutive day and has lost more than 2% yesterday. The index has broken major support 2583 ow made on Dec 10th2018 and hits 14-month low. US markets declined more than 10% in this month of...

Dec 18, 2018 12:07 pm UTC| Technicals
EUR/USD has pared some of its losses made on Friday and jumped more than 100 pips ahead of US Fed policy Fed is expected to hike interest rates by 25 basis point and to be hawkish. German IFO data released today came...

FxWirePro: USD/CAD trades higher as oil prices hit fresh low,good to buy on dips
Dec 18, 2018 11:58 am UTC| Technicals
USD/CAD has once again recovered after showing a minor decline yesterday. The decline in Canada was mainly due to weak crude oil price.The pair hits intraday high of 1.34200 and currently trading around...

Dec 18, 2018 11:41 am UTC| Technicals Research & Analysis
USD/JPY chart on Trading View used for analysis USD/JPY extends overnight slump, trades 0.45% lower at 112.31 at the time of writing. The pair in on verge of breach at Symmetric Triangle base, on expectations of...

FxWirePro:CHF/JPY forms Bullish pattern,good to buy on dips
Dec 18, 2018 10:32 am UTC| Technicals
Pattern formed- Bullish AB=CD pattern Ichimoku (2 hours) Tenken-Sen - 113.51 Kijun-Sen- 113.76 CHF/JPY was trading lower for past five working days. The pair has lost nearly 140 pips from the...

FxWirePro: NZD/USD spikes past 200-DMA, improvement in New Zealand business confidence boosts kiwi
Dec 18, 2018 10:30 am UTC| Technicals Research & Analysis
NZD/USD chart on Trading View used for analysis NZD/USD spikes past 200-DMA, trades 0.95% higher on the day at 0.6868 at the time of trading. Kiwi bulls cheers improvement in New Zealand business confidence...

FxWirePro: EURUSD trades higher amid weak German IFO data,markets eye US Fed meeting
Dec 18, 2018 09:55 am UTC| Technicals
EUR/USD has pared some of its losses made on Friday and jumped more than 100 pips ahead of US Fed policy Fed is expected to hike interest rates by 25 basis point and to be hawkish. German IFO data released today came...