
FxWirePro: S&P500 trades sightly below 2600 level, minor bullishness only above 2686 level
Dec 17, 2018 12:12 pm UTC| Technicals
SP500 has declined more than 3.5% after a minor jump till 2687 on Dec 12th2018. The decline was due to slightly weak economic data and declining US 10 year yield. The US 10 year yield was at 3.25% and has lost 8% from the...

FxWirePro: US Oil extends sideways grind, recovery capped amid oversupply and global growth concerns
Dec 17, 2018 11:59 am UTC| Technicals Research & Analysis
US Oil chart on Trading View used for analysis US Oil extends sideways grind, remains capped below 21-EMA. Recovery attempts lack traction, upside capped at 5-DMA. Sentiment continues to be dented by the...

FxWirePro: EURUSD recovers slightly above 1.1300 level, markets eye US Fed policy
Dec 17, 2018 11:17 am UTC| Technicals
EUR/USD has pared some of its losses made on Friday and jumped nearly 70 pips on account of Profit booking. ECB was slightly dovish and has kept its interest rates unchanged. They are planning to wind up QE at end of the...

Dec 17, 2018 10:35 am UTC| Research & Analysis Technicals Digital Currency Insights & Views
Year-2018 hasnt been constructive for cryptocurrency market so far, BTCISD has seen more than 75% slumps. While many analysts could foresee cryptocurrency industry (Bitcoin to be precise) likely to boom, on the flip...

FxWirePro: NZD/CAD finds strong support at 21-EMA, break below could see dip till 0.8914
Dec 17, 2018 10:31 am UTC| Technicals Research & Analysis
NZD/CAD chart on Trading View used for analysis NZD/CAD is trading 0.29% higher on the day at 0.9117 at the time of writing. The pair finds strong support at 21-EMA at 0.9086, break below will see...

Dec 17, 2018 09:21 am UTC| Technicals Research & Analysis
AUD/JPY chart on Trading View used for analysis FxWirePro Currency Strength Index for AUD/JPY: Bias Bearish FxWirePros Hourly AUD Spot Index was at -69.9762 (Neutral) FxWirePros Hourly JPY Spot Index was at 101.663...

FxWirePro: USD/CHF breaks Falling wedge resistance at 0.99650 jump til 1.00680 likely
Dec 17, 2018 08:45 am UTC| Technicals
Pattern formed- Falling wedge USDCHF has shown a very nice break out after a long consolidation between 0.98628 and 0.99655 for past four trading days. Swiss franc is trading lower dovish SNB monetary statement.SNB...