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FxWirePro: CHF/JPY Trade Idea

Jan 10, 2018 12:29 pm UTC| Technicals

Major support 113.72 (trend line joining 113.09 and 113.29). CHF/JPY declined almost 200 pips from the high of 116.16 made on Jan 5th 2018. The pair breaks 233 day MA at 113.96 and shown a mild dip till 113.79. It is...

FxWirePro: EUR/USD downside capped by 20 –day MA, good to sell on rallies

Jan 10, 2018 11:32 am UTC| Technicals

EUR/USD is slightly consolidating after hitting low of 1.19162 yesterday. The pair has formed a double top around 1.20891. The bullish continuation only above 1.2092. It is currently trading around 1.19967. Market...

FxWirePro: EUR/NZD capped at 5-DMA, momentum studies bearish, further weakness on cards

Jan 10, 2018 10:43 am UTC| Technicals

EUR/NZD recovery attempts capped at 5-DMA at 1.6721, bias bearish. The pair has broken 100-DMA support at 1.6756, price action rages below daily cloud which is strong resistance. Technical studies support further...

FxWirePro: GBP/USD breaks minor trend line support, dip till 1.3430 likely

Jan 10, 2018 10:30 am UTC| Technicals

Cable continuing its down trend and has broken below 1.3500 after a consolidation for the past four trading session. The pair jumped slightly by 15 pips after better than expected UK manufacturing production data released...

FxWirePro: NEO/USD rejected at session lows at 105.75, bias higher as long as pair holds 5-DMA support

Jan 10, 2018 10:24 am UTC| Technicals Digital Currency

NEO/USD weakness short lived, downside in the pair rejected at session lows at 105.75. The pair has shown a decisive break above major trendline resistance at 109.50. We see upside intact as long as the pair...

FxWirePro: NZD/JPY on verge of extending inverse saucer in minor trend, double top switches as double bottom to signify consolidation phase

Jan 10, 2018 09:15 am UTC| Technicals Insights & Views

NZDJPY traders on minor trend are extending inverse saucer formation which is bearish in nature, current prices have constantly been sliding below SMAs, while both leading lagging indicators to substantiate bearish...

FxWirePro: CHF/JPY downside capped by trend line support, good to buy on dips

Jan 10, 2018 09:03 am UTC| Technicals

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Economy

China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices

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Politics

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Science

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Technology

Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge

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Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch

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OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering

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