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FxWirePro: EUR/CAD bounces off 20-DMA with 'Dragonfly Doji', break above 200-DMA to see further gains

Mar 20, 2019 06:48 am UTC| Technicals

EUR/CAD chart - Trading View EUR/CAD is extending grind higher, finds stiff resistance at 200-DMA. The pair is trading at 1.5129 at 0615 GMT, up 0.09% till the time on the day. Price action has bounced off...

FxWirePro: USDCHF downside capped by 50 day MA around 0.9985, any break below targets 0.9920

Mar 20, 2019 06:33 am UTC| Technicals

USDCHF continues to trade lower for past one week and hits 2-week low around 0.99847.The pair has formed temporary top around 1.01242 on Mar 7th2019. Markets eyes US Fed and SNB monetary policy for further direction. Both...

FxWirePro: Gold trades flat ahead of Fed meeting,good to buy on dips

Mar 20, 2019 06:32 am UTC| Technicals

Gold declined slightly after hitting high of $1310.83. The slight decline in US dollar is supporting yellow metal. It hits intraday high of $1306.93 and is currently trading around $1305.23. Gold was one the best performer...

FxWirePro: USD/CNY trades in narrow range, PBOC sets yuan mid-point at 6.7101

Mar 20, 2019 06:18 am UTC| Technicals

USD/CNY is currently trading around 6.7114 marks. It made intraday high at 6.7167 and low at 6.7105 levels. Intraday bias remains neutral for the moment. A sustained close above 6.7215 marks will test key...

FxWirePro: AUD/USD short setup upon bears’ more traction on head and shoulder pattern in minor trend, double top on major trend

Mar 20, 2019 05:58 am UTC| Technicals

Technical chart and candlestick patterns:AUDUSDs recent upswings are exhausted at 21-DMAs and 7-EMAs, minor downtrend has formed head and shoulder pattern, with the head at 0.7295, shoulder 1 at 0.7235 and shoulder 2 at...

FxWirePro: USD/INR back above 69.00 mark, upside limited

Mar 20, 2019 05:45 am UTC| Technicals

USD/INR is currently trading around 69.05 marks. It made intraday high at 69.13 and low at 68.99 marks. Intraday bias remains neutral for the moment. Key resistances are seen at 69.32, 69.70, 69.98, 70.20,...

FxWirePro: AUD/CHF Daily Outlook

Mar 20, 2019 05:30 am UTC| Technicals

AUD/CHF chart - Trading View AUD/CHF trades 0.13% lower on the day at 0.7072 at 0500 GMT. Major trend in the pair is bearish. Recovery attempts capped below 110-W EMA. Price action has dipped into daily...

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