FxWirePro: EUR/CHF recovery capped at 55-EMA, slips below daily cloud, bias bearish
Jul 23, 2018 11:21 am UTC| Technicals
EUR/CHF recovery capped at 55-EMA, the pair currently trades at 1.1631, down 0.10% on the day. The pair is extending downside after upside was capped below 100-DMA which is stiff resistance at 1.1718. Price has...
FxWirePro: USD/CHF downside capped by 55- day EMA, good to buy on dips
Jul 23, 2018 11:05 am UTC| Technicals
USD/CHF has shown a huge decline of almost 140 pips from the high of 1.00434 made on Jul 19th2018. The escalating trade war between US and China and comments by Donald Trump on fed has increased broad based US Dollar...
FxWirePro: ETH/USD upside capped by 7-DMA, bias neutral
Jul 23, 2018 10:42 am UTC| Digital Currency Technicals
ETH/USD remains rangebound on Monday with its upside capped by 7-DMA. Currently, the pair is trading at 464 levels at the time of writing (Coinbase). On the upside, a decisive break above 468 (7-DMA) would target 494...
FxWirePro: BTC/EUR pauses shy of stiff resistance at 6650, break above targets 200-DMA
Jul 23, 2018 10:32 am UTC| Digital Currency Technicals
BTC/EUR extends gains above 5-DMA, has shown a clear break above 110-EMA. Upside has has paused shy of stiff trendline resistance at 6650, break above to see further gains. Price action has broken above daily...
FxWirePro: GBP/USD recovers on board based dollar selling, good to buy on dips
Jul 23, 2018 10:03 am UTC| Technicals
GBP/USD has shown a huge recovery of more than 350 pips after hitting low of 1.29575 yesterday. The major recovery happened on account broad based US dollar selling after Trumps criticism on fed rate hike and to impose...
FxWirePro: GBP/USD recovers on board based dollar selling, good to buy on dips
Jul 23, 2018 10:03 am UTC| Technicals
GBP/USD has shown a huge recovery of more than 350 pips after hitting low of 1.29575 yesterday. The major recovery happened on account broad based US dollar selling after Trumps criticism on fed rate hike and to impose...
FxWirePro: GBP/JPY Daily Outlook
Jul 23, 2018 09:16 am UTC| Technicals
GBP/JPY is trading weak for fifth consecutive days and has lost more than 350 points in previous week. GBP recovered sharply from low of 1.2955 of almost 180 pips on broad based US dollar selling after Trumps criticism on...