
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...

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...

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...