
FxWirePro: USD/CAD recovers on weaker Canadian economic data, good to buy on dips
May 21, 2018 12:58 pm UTC| Technicals
USD/CAD has shown a good jump of more than 150 pips from the low of 1.27496 made on Friday on account of weaker than expected Canadian economic data. The pair hits high of 1.29113 on Friday and shown a minor decline from...

FxWirePro: GBP/AUD breaks below 100-DMA, eyes 38.2% Fib at 1.7612, stay short
May 21, 2018 11:37 am UTC| Technicals
GBP/AUD opened with a bearish gap and is extending downside as we head into the NY session. The pair has broken below strong support at 100-DMA and we see scope for further downside. Technical studies support...

FxWirePro: EUR/USD trades weak, dip till 1.1600 is possible
May 21, 2018 11:22 am UTC| Technicals
EUR/USD declined further in todays trading and hits low of 1.1730 lowest level since mid-Dec. The pair weakness was mainly due to rising US 10 year bond yield. The yields hits fresh 7 year high at 3.10% yesterday and shown...

FxWirePro: AUD/CAD struggles at 21-EMA, good to go long on close above
May 21, 2018 11:06 am UTC| Technicals
AUD/CAD struggles to hold break above 21-EMA, edges lower from session highs at 0.9696. The pair has formed a Doji at highs on the days candle till now, scope for some downside. Price holds above 5-DMA at 0.9640,...

FxWirePro: EUR/GBP capped at 21-EMA, good to go long on break above
May 21, 2018 10:31 am UTC| Technicals
EUR/GBP rejected at 21-EMA at 0.8765, edges lower to currently trade at 0.8759. The pair has broken above 5-DMA and re-entered daily cloud raising scope for further upside. The major is extending trade in a...

FxWirePro: TRON/USD to reach $0.50 after release of Mainnet
May 21, 2018 10:02 am UTC| Technicals
Tron is continuing its bullishness for past 4 trading days and jumped almost more than 40%. It has surpass IOTA in market cap and reached the 9th spot. Overall the pair jumped almost 350% from the low of 0.02280. Justin...

May 21, 2018 09:30 am UTC| Technicals
EUR/AUD is extending weakness below daily cloud, hovers around 23.6% Fib retracement at 1.5586. The pair has broken below 110-EMA which is now strong resistance at 1.5718. The pair has dipped below daily cloud...