FxWirePro: ETH/USD rangebound, eyes trend line support at 411, bias bearish
Jul 13, 2018 11:20 am UTC| Digital Currency Technicals
ETH/USD is trading in a narrow range on Friday with its upside capped by 20-DMA. It is currently trading at 437 levels at the time of writing (Coinbase). On the topside, resistance is seen at 453 (20-DMA) and a break...
FxWirePro: GBP/USD trades weak on Brexit uncertainty, good to sell on rallies
Jul 13, 2018 11:02 am UTC| Technicals
GBP/USD is trading weak and declined more than 100 pips from the intraday high of 1.32058 on account of political uncertainty . The back to back resignation of Brexit Secretary David Davis and Foreign Secretary Boris...
FxWirePro: ETH/EUR finds strong trendline support at 360, break below to see further weakness
Jul 13, 2018 10:23 am UTC| Digital Currency Technicals
ETH/EUR has bounced off strong trendline support at 360, further weakness only on break below. The pair is struggling to close below 78.6% Fib, but intraday bias remains bearish. Upside in the pair finds stiff...
Jul 13, 2018 08:25 am UTC| Technicals
USD/ZAR is currently trading around 13.33 levels. It made intraday high at 13.36 and low at 13.22 levels. Intraday bias remains neutral till the time pair holds key support at 13.22 marks. A daily close...
Jul 13, 2018 08:25 am UTC| Technicals
USD/ZAR is currently trading around 13.33 levels. It made intraday high at 13.36 and low at 13.22 levels. Intraday bias remains neutral till the time pair holds key support at 13.22 marks. A daily close...
FxWirePro: GBP/JPY trades lower on weak GBP, good to sell on rallies
Jul 13, 2018 08:01 am UTC| Technicals
GBP/JPY has jumped sharply till 148.89 and pared some of its gain made yesterday on account of weakness in pound. GBP was trading weak against all majors especially with USD after Brexit white paper. UK P, Theresa May has...
Jul 13, 2018 07:54 am UTC| Technicals
EURAUD minor trend forms the triple top pattern which is bearish in nature, top 1 at 1.5887, top 2 at 1.5870, top 3 at 1.5812 and neckline at 1.5721 levels. For now, bears likely to breach below the neckline, both...