
FxWirePro: EUR/GBP Bears Shrug-Off Hammer And Dragonfly Doji – Trading And Hedging Setup
Jan 23, 2020 11:19 am UTC| Technicals
EURGBPminor trend has been grinding lower ever since the formations of shooting star, gravestone doji bearish engulfing patterns at 0.8580, 0.8538 and 0.8513 levels that signalled weakness at the peaks of rallies,...

FxWirePro: USDCAD hits 3-week high on dovish BOC, good to buy on dips
Jan 23, 2020 10:43 am UTC| Technicals
USDCAD continues to trade higher for 2nd consecutive days on dovish Bank of Canada monetary policy. It has kept its rates unchanged at 1.75% as expected and downgraded GDP growth projections in 4Q19. The central bank has...

Crypto Technicals: XRP/USD dives over 4%, more weakness on break below 21-EMA support (0.2231)
Jan 23, 2020 10:28 am UTC| Digital Currency Technicals
XRP/USD chart - Trading View Exchange - Kraken Technical Analysis: Bias Bearish Support: 0.2231 (21-EMA); Resistance: 0.2336 (5-DMA) XRP/USD was trading 4.31% lower on the day at 0.2264, slightly higher from...

FxWirePro: FTSE100 trades below minor trend line support, good to sell on rallies
Jan 23, 2020 09:48 am UTC| Technicals
FTSE100 continues to trade to lower and lost more than 100 points from yesterdays high 7637. The decline was mainly due to sell-off in global markets on Coronavirus. US markets especially SP500 lost more than 0.5% from an...

FxWirePro: Silver back below $17.70 mark, stay short
Jan 23, 2020 09:11 am UTC| Technicals
XAG/USD is currently trading around $17.70 marks. It made intraday high at $17.71 and low at $17.66 levels. Intraday bias remains slightly bearish till the time pair holds key resistance $17.92 mark. A daily...

FxWirePro: CADJPY breaks major trend line support, dip till 82.50 likely
Jan 23, 2020 08:51 am UTC| Technicals
CADJPY continues to trade lower for 3rd consecutive days and lost more than 100 pips yesterday after BOC monetary policy.BOC kept its rates unchanged at 1.75% as expected. The dovish comments by the central bank increased...

FxWirePro: USD/INR moves in stiff boundaries, stay long only above 71.22 mark
Jan 23, 2020 08:14 am UTC| Technicals
USD/INR is currently trading around 71.17 marks. It made intraday high at 71.21 and low at 71.04 marks. Intraday bias remains neutral till the time pair holds key resistance at 71.22 mark. Key resistances...
How the US–India tariff truce boosts major Indian industries, Surat to Pharma