
Dec 28, 2017 11:29 am UTC| Technicals
EUR/USD has jumped sharply in todays Asian session and jumped almost 35 pips. The pair breaks trend line resistance and is holding above that level. The main reason for decline in US dollar is sharp selloff in US 10 year...

FxWirePro: CAD/JPY breaks major resistance 89.33, jump till 90 likely
Dec 28, 2017 11:23 am UTC| Technicals
Major resistance 89.33 CAD/JPY has broken major resistance 89.33 high made on Dec 21st 2017 .The main reason for jump in Canadian dollar against all majors was due to strong crude oil price. The pair jumped more than...

Dec 28, 2017 11:23 am UTC| Technicals Insights & Views
USDCAD bulls have been supported by 50% Fibonacci retracements levels from the peaks of 1.4689 levels, while 21-EMAs are supportive to the bears in the corrective mode. Please be extra keen on last six months price...

FxWirePro: USD/CAD trades weak on strong crude oil price, good to sell on rallies
Dec 28, 2017 09:20 am UTC| Technicals
USD/CAD has declined sharply after breaking major support at 1.2660. The pair hits low of 1.2605 and is currently trading around 1.26122. The main reason for the rally in Canadian dollar is due to strong jump in crude oil...

FxWirePro: GBP/JPY consolidates in narrow range, good to buy on dips
Dec 28, 2017 08:49 am UTC| Technicals
Major resistance 151.60 (trend line joining 153.40 and 152). GBP/JPY has jumped slightly after breaking trend line resistance. The pair hits high of 152.08 and is currently trading around 151.67. The pair should...

FxWirePro: AUD/JPY pauses upside, finds stiff resistance at 200W SMA (88.06)
Dec 28, 2017 08:46 am UTC| Technicals
AUD/JPY has paused upside, trades in a narrow range on the day. Upside is currently hovering around stiff resistance by 200W SMA at 88.06. The pair is extending gains after break of Symmetric Triangle...
FxWirePro: NZD short hedge in tandem with technical and fundamental projections in Q1’2018
Dec 28, 2017 07:56 am UTC| Research & Analysis Insights & Views Technicals
Glimpse through technical and fundamentals: Technically, NZDUSD intermediate bulls test support at 50% Fibonacci retracements from the highs of 0.7558 levels. Ever since then, sharp rallies have gone above 7EMA. Your...