
FxWirePro: DAX30 trades below major trend line support, dip till 11000 possible
Mar 26, 2019 09:22 am UTC| Technicals
DAX has halted its 2-1/2 month uptrend and trading lower for past 5 trading days on account global stock market turmoil and declining bond yield. US 10 year yield hits 2.37% lowest level since Dec 2017.The index formed...

FxWirePro: Silver enjoys roller coaster movement, bias remains slightly bearish
Mar 26, 2019 08:04 am UTC| Technicals
XAG/USD is currently trading around $15.45 marks. It made intraday high at $15.53 and low at $15.44 levels. Intraday bias remains slightly bearish till the time pair holds key resistance at $15.57 mark. A...

FxWirePro: AUD/CAD on track to test 61.8% Fib at 0.9586, good to stay long on dips
Mar 26, 2019 07:27 am UTC| Technicals
AUD/CAD chart - Trading View AUD/CAD is extending gains for the 5th straight week, bias bullish. The pair has broken out of daily cloud and major trendline resistance at 0.9515. The pair is extending gains...

USDCHF trades directionless, sellers wait for 0.9900 break below for further direction
Mar 26, 2019 07:24 am UTC| Technicals
Major support - 0.9900 USDCHF is trading directionless for past 5 trading day and still below 0.9950. The pair hits high of 0.99703 after forming a minor bottom around 0.98940 on Mar 20th2019.It has lost more than...

FxWirePro: USD/ZAR rejects key support at 14.27 mark, short term trend reversal likely
Mar 26, 2019 07:16 am UTC| Technicals
USD/ZAR is currently trading around 14.33 levels. It made intraday high at 14.34 and low at 14.28 levels. Intraday bias remains slightly bullish till the time pair holds key support at 14.27 mark. A daily...

FxWirePro: EUR/NZD Near-Term Outlook
Mar 26, 2019 06:59 am UTC| Technicals
EUR/NZD chart - Trading View Daily Chart Pattern: Descending Triangle EUR/NZD Technical Analysis: - Has paused downside at 200W SMA, break below to see further weakness - Next major support lies at 1.6345 (Triangle...

FxWirePro: USD/CNY trades in narrow range, PBOC sets yuan mid-point at 6.7042
Mar 26, 2019 06:25 am UTC| Technicals
USD/CNY is currently trading around 6.7070 marks. It made intraday high at 6.7104 and low at 6.7023 levels. Intraday bias remains bearish for the moment. A sustained close above 6.7078 marks will test key...