
FxWirePro: EUR/NZD rallies above 1.6600 but reversal is likely
Mar 17, 2021 16:08 pm UTC| Technicals
EUR/ NZD staged a recovery from 1.6630 on Wednesday as investors squared their positions before the Fed meeting. The New Zealand dollar was a standout loser on Wednesday, ceding ground to most major currencies,...

FxWirePro- USDCAD Daily Outlook
Mar 17, 2021 15:32 pm UTC| Technicals
Bullish Divergence (Daily Chart) Ichimoku analysis (1 Hour Chart) Tenken-Sen- 1.24670 Kijun-Sen- 1.24612 USDCAD recovered slightly after hitting a low of 1.24338. The Canadian CPI came in at 0.5% in...

FxWirePro:EUR/AUD holds above 1.5400 ahead of FOMC event
Mar 17, 2021 15:27 pm UTC| Technicals
EUR/AUD strengthened on Wednesday as market participants awaited the outcome of a Federal Reserve meeting. EUR/AUD remains relatively bearish, having recent shallow pullbacks short-lived so far. EUR/AUD has traded...

FxWirePro: AUD/CAD breaks below daily cloud, eyes 200-DMA support at 0.9585
Mar 17, 2021 11:36 am UTC| Technicals
AUD/CAD chart - Trading View Technical Analysis: Bias Bearish - AUD/CAD is extending downside for the 4th straight session, outlook bearish - Price action has slipped below daily cloud, adding to the downside...

FxWirePro: EUR/GBP rejected at 21-EMA, scope for downside resumption
Mar 17, 2021 11:14 am UTC| Technicals
EUR/GBP chart - Trading View EUR/GBP was trading 0.09% lower on the day at 0.8557 at around 10:50 GMT, outlook bearish. The pairs uptick on Tuesday was rejected at 21-EMA, the pair closed trade with an inverted...

FxWirePro: NZD/USD extends range trade, finds strong support at 200H MA
Mar 17, 2021 10:21 am UTC| Technicals
NZD/USD chart - Trading View NZD/USD was trading largely unchanged on the day at 0.7182 at around 10:00 GMT. The major is extending range trade as markets remain cautious ahead of FOMC policy meeting. The Fed is...

FxWirePro: FTSE100 Daily Outlook
Mar 17, 2021 10:15 am UTC| Technicals
Chart pattern- Ascending broadening wedge Ichimoku Analysis (4- Hour chart) Tenken-Sen- 6786 Kijun-Sen-6755 FTSE100 declined slightly after a minor jump above the 6800 levels. The index has formed Ascending...