
FxWirePro: Buy CHFJPY above 112.50
Jan 31, 2020 13:12 pm UTC| Technicals
Ichimoku Analysis (4 Hour chart) Tenken-Sen- 112.218 Kijun-Sen- 112.155 CHFJPY has halted its 2-weeks of bearishness and shown a minor jump of more than 70 pips on a slight jump in Swiss franc. The...

FxWirePro: USDCHF trades flat, major weakness only below 0.9670
Jan 31, 2020 13:11 pm UTC| Technicals
Ichimoku Analysis (8 Hour chart) Tenken-Sen- 0.97227 Kijun-Sen-0.97137 USDCHF is trading in a narrow range between 0.96787 and 0.9766 for the past 3 trading days. The overall trend is still on the...

FxWirePro: Buy EURUSD above 1.1035
Jan 31, 2020 11:00 am UTC| Technicals
Ichimoku analysis (Hourly chart) Tenken-Sen- 1.10253 Kijun-Sen- 1.10230 EURUSD has halted its 2-week of bearishness and shown a minor recovery of more than 40 pips. Markets eyes coronavirus outbreak...

FTSE100 trades below 200- day MA, dip till 7200 likely
Jan 31, 2020 09:29 am UTC| Technicals
Major support- 7366 FTSE100 is trading lower following the footsteps of global markets. The spread of coronavirus across 16 countries and an increase in the death toll in China is putting pressure on riskier assets...

Jan 31, 2020 08:56 am UTC| Technicals
Technical chart and candlestick patterns:AUDUSDshort-term trend travels in a descending channel (refer daily chart).Although the interim bulls have shrugged-off and broken-out the channel resistance successful.We...

FxWirePro: Silver moves in rigid boundaries, stay long only above $17.90 mark
Jan 31, 2020 08:25 am UTC| Technicals
XAG/USD is currently trading around $17.87 marks. It made intraday high at $17.88 and low at $17.80 levels. Intraday bias remains neutral till the time pair holds key resistance at $17.90 mark. A daily close...

FxWirePro: US oil Short-Term Outlook
Jan 31, 2020 08:15 am UTC| Technicals
US oil was one of the worst performers in the past 3-week and lost more than 20% from a temporary top $62.97. The decline was mainly due to the outbreak of coronavirus, which will reduce the demand for crude oil. The death...