
FxWirePro: Ripple downside capped by 200 -4H EMA, good to buy on dips
Jan 12, 2018 12:55 pm UTC| Technicals
Major support- 1.56 (200- 4H EMA). The pair has taken support near 1.56 and jumped till 2.25. The major resistance is around 2.40 -2.45 (trend line resistance) and break above targets 3.06/3.31. It is currently...

FxWirePro: USD/CHF trades weak, break below 0.9700 confirms further weakness
Jan 12, 2018 12:43 pm UTC| Technicals
USD/CHF declined almost 150 pips from the high of 0.98455 made Jan 10th 2018. The slight decline in the pair was due to slightly weak US data. The pair dipped till 0.97011 and is currently trading around...

Jan 12, 2018 12:04 pm UTC| Technicals
GBP/JPY has once again declined after showing a slight dip below trend line. The pair jumped almost 150pips . The pair is consolidating in narrow range between 151 and 150.19. It is currently trading around...

FxWirePro: EUR/USD trades higher on hawkish ECB, good to buy on dips
Jan 12, 2018 12:02 pm UTC| Technicals
EUR/USD has shown a good upside in the European session and has broken major resistance 1.20920 high made on Sep 8th 2017 on account of Hawkish ECB minutes and German political break through. The pair jumped till 1.21270...

FxWirePro: NZD/CAD finds stiff resistance at 0.9146 (200-DMA), good to go long on break above
Jan 12, 2018 11:05 am UTC| Technicals
NZD/CAD has paused upside of 4 successive sessions, trades in narrow range. The pair has broken out of range trade since mid-December and is extending upside. Price action is holding above daily cloud and 100-DMA...

FxWirePro: GBP/NZD pauses downside above 50% Fib, break below targets 200-DMA at 1.8407
Jan 12, 2018 10:45 am UTC| Technicals
GBP/NZD has shown a decisive break below 100-DMA, bears now target 200-DMA at 1.8407. Downside is currently holding above 50% Fib retrace of 1.73375 to 1.98383 rally at 1.8587. Break below to see further drag....

FxWirePro: GBP/USD hits 3- month high, good to buy on dips
Jan 12, 2018 10:08 am UTC| Technicals
Cable jumped sharply today in European session after a long consolidation. The pair was trading in narrow range between 1.3585 and 1.34582. It has broken major resistance at 1.3585 and jumped till 1.3620 level highest...