
FxWirePro: EUR/USD trades below 1.2200 level, dip till 1.2050 likely
Mar 01, 2018 12:39 pm UTC| Technicals
EUR/USD continuing its weakness for the third day and declined almost 175 pips from the high of 1.23549 made on Feb 26th 2018. Powell was highly optimistic on US economy and inflation which shows that chance of more than...

Mar 01, 2018 11:32 am UTC| Technicals
GBP/JPY has been continuously weak for second consecutive day. The pair declined almost 180 pips yesterday. The pair decline was mainly due to major dip in Pound sterling after breaking major support at 1.3800. The pair...

FxWirePro: USD/CHF trades higher, good to buy on dips
Mar 01, 2018 11:16 am UTC| Technicals
USD/CHF continuing its bullish trend for fifth consecutive days and is trading well above 0.9410 level. The pair formed almost triple bottom at 0.9320 and any further weakness only below that level. The pair hits intraday...

FxWirePro: EUR/JPY consolidates break below 200-DMA, hovers around 130 handle, bias lower
Mar 01, 2018 10:59 am UTC| Technicals
EUR/JPY is trading in an extremely narrow range, consolidating break below 200-DMA. The pair is currently hovering around 130 handle, we see scope for further weakness. Technical indicators are bearish. RSI and...

Mar 01, 2018 10:16 am UTC| Technicals
The gold (XAUUSD) bears resume exactly at rising wedge resistance but despite the bearish sentiments in the minor trend, the consolidation phase in the major uptrend on track of extending rising wedge pattern and retracing...

FxWirePro: AUD/CAD slips below 5-DMA, Aussie dented on big miss in Australia Q4 capex
Mar 01, 2018 10:04 am UTC| Technicals
AUD/CAD fails to break out of at major trendline resistance at 0.9975 (channel top). Aussie dented across the board on the back of a big miss in Australia Q4 capex data. Australias seasonally adjusted capex fell...

FxWirePro: USD/CAD hits 10- week high, good to buy on dips
Mar 01, 2018 10:01 am UTC| Technicals
USD/CAD continuing its bullishness and hits 10 week high yesterday highest monthly decline since Alberta wild fire. The Canadian dollar down almost 4.2% worst performer for this month. The pair continuing its bullish trend...