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FxWirePro: AUD/NZD holds channel base support at 1.0590, 'Death Cross' keeps scope for downside

Mar 27, 2018 11:16 am UTC| Technicals

AUD/NZD holds channel base support at 1.0590, we see weakness on break below. Recovery was rejected at session highs at 1.0627, pair is trading down 0.06% on the day. We evidence a Death Cross (bearish 50-DMA...

FxWirePro: BTC/EUR grinds lower along 5-DMA resistance, good to go short on rallies

Mar 27, 2018 10:48 am UTC| Technicals

BTC/EUR grinds lower along 5-DMA resistance at 6789, intraday bias bearish. The pair trades well below 200-DMA and daily cloud and we see scope for further weakness. Technical indicators are biased lower. RSI...

FxWirePro: EUR/USD trades weak, good to sell on rallies

Mar 27, 2018 09:59 am UTC| Technicals

EUR/USD declined almost more than 40 pips in European session. The pair has broken 3- week high 1.24450 and jumped till 1.24763.The pair has formed minor top around 1.24763 and minor bullishness only above that level. The...

FxWirePro: ETH/EUR breaks below 78.6% Fib, breach at 'Triangle Base' could see further downside

Mar 27, 2018 09:51 am UTC| Technicals

ETH/EUR has breached strong support at 382 levels which is converged trendline and 78.6% Fib retrace of 168 to 1168 rally. The pair is trading 6.22% lower on the day, at around 366 levels, bias still...

FxWirePro: GBP/AUD holds above 1.83 handle, weakness only on break below 1H 110-EMA at 1.8292

Mar 27, 2018 09:15 am UTC| Technicals

GBP/AUD holds above 1.83 handle, finds strong support 1H 110-EMA at 1.8292. The pair is trading in a Rising Wedge pattern and price has shown a break above Wedge Top at 1.8295 in last weeks trade. The pair is...

FxWirePro: USD/INR hits fresh 5-week low at 64.60 mark, faces strong resistance at 64.78 mark

Mar 27, 2018 08:17 am UTC| Technicals

USD/INR is currently trading around 64.75 marks. It made intraday high at 64.78 and low at 64.60 marks. Intraday bias remains slightly bearish till the time pair holds key resistance at 64.78 mark. Key...

FxWirePro: EUR/CHF Trade Idea

Mar 27, 2018 08:17 am UTC| Technicals

FxWirePro Currency Strength Index for EUR/CHF: Bias Bullish FxWirePros Hourly EUR Spot Index was at 108.509 (Bullish) FxWirePros Hourly CHF Spot Index was at -31.2821 (Neutral) Technical Analysis: Bias...

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Science

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Technology

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SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off

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