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FxWirePro: GBPUSD breaks Inverse head and Shoulder neckline resistance, jump till 1.3400 likely

Feb 27, 2019 10:22 am UTC| Technicals

Chart pattern Inverse Head and Shoulder GBPUSD was trading higher for 8 trading session and has jumped more than 500 pips on hopes of delay in Brexit deal. The pair has broken major neckline resistance 1.3240 and...

FxWirePro: GBP/AUD hit 4-month highs at 1.8529, pound holds gains as UK PM May opens door to Brexit delay

Feb 27, 2019 10:21 am UTC| Technicals

GBP/AUD chart on Trading View used for analysis GBP/AUD spikes past major trendline resistance at 1.8460, to hit 4-month highs at 1.8529. The pound sterling buoyed across the board after UK PM May finally opens...

FxWirePro: FTSE100 upside capped by 200-H MA, good to sell on rallies

Feb 27, 2019 09:33 am UTC| Technicals

FTSE100 has shown a minor recovery till 7168 yesterday and started to decline on huge recovery in GBP on hopes of delay in Brexit till 2021. GBP was trading higher against USD and has jumped more than 150 pips yesterday ....

FxWirePro: EURUSD trades higher as US-German yield spread declines, good to buy on dips

Feb 27, 2019 08:49 am UTC| Technicals

EURUSD has pared some of its gains after hitting 3-week high around 1.14035. US Fed chairman Powell speech said that US economy will growing strong but slower compared to previous year on account of global uncertainty and...

FxWirePro: GBP/JPY hammer patterns trending in uptrend – Trade Double touch calls and directional hedge

Feb 27, 2019 08:29 am UTC| Technicals

Technical analysis (chart and candlestick patterns occurred):On daily plotting,GBPJPYhas been consolidating of-late. Consequently, last month, hammer pattern candlesticks have occurred at 135.992 and 142.689 levels on...

FxWirePro: USD/ZAR stabilizes above 13.80 mark, upside limited

Feb 27, 2019 07:45 am UTC| Technicals

USD/ZAR is currently trading around 13.87 levels. It made intraday high at 13.87 and low at 13.82 levels. Intraday bias remains neutral till the time pair holds key support at 13.78 mark. A daily close...

FxWirePro:USD/CHF consolidates in narrow range, break below 0.9980 targets 0.9900

Feb 27, 2019 07:02 am UTC| Technicals

Chart Pattern- Descending Triangle pattern Major support- 0.9980 USDCHF is consolidating in narrow range between 0.99847 and 1.00245 for past 1 week. The pair is struggling to close above parity level. DXY...

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