Jul 12, 2018 09:11 am UTC| Technicals Research & Analysis Insights & Views Digital Currency Fintech
The price of BCHUSD pair is experiencing a major bearish trend. The minor trend of BCHUSD slides through falling wedge formation (refer daily chart). Shooting Star patterns pop up at stiff resistance (at 755.4 and...
FxWirePro: NZD/USD recovery lacks traction, eyes trendline support at 0.6655
Jul 12, 2018 08:41 am UTC| Technicals
NZD/USD is trading in a narrow range, consolidates previous sessions slump. Recovery attempts in the pair lack traction. Techs are biased lower. The major trend in the pair has been bearish and recovery was...
FxWirePro: NZD/USD recovery lacks traction, eyes trendline support at 0.6655
Jul 12, 2018 08:41 am UTC| Technicals
NZD/USD is trading in a narrow range, consolidates previous sessions slump. Recovery attempts in the pair lack traction. Techs are biased lower. The major trend in the pair has been bearish and recovery was...
FxWirePro: USD/ZAR hovers around 13.50 mark, sustained close above requires for upside rally
Jul 12, 2018 08:06 am UTC| Technicals
USD/ZAR is currently trading around 13.50 levels. It made intraday high at 13.57 and low at 13.47 levels. Intraday bias remains bullish till the time pair holds key support at 13.25 marks. A daily close...
FxWirePro: CAD/JPY trades higher on hawkish rate hike by BOC, good to buy on dips
Jul 12, 2018 07:48 am UTC| Technicals
CAD/JPY was trading higher continuously for past 11 trading days. The pair jumped nearly 300 pips from the low of 82.21.Bank of Canada (BOC) hiked rates higher by 25bpbs for fourth time since last summer amid trade...
FxWirePro: BTC/USD breaches 4h cloud support, stay short
Jul 12, 2018 07:21 am UTC| Digital Currency Technicals
BTC/USD is trading lower on Thursday as it broke below 4h cloud support. It is currently trading at 6192 levels at the time of writing (Bitstamp). On the upside, the pair would face resistance at 6407 (4h 100-SMA) and a...
FxWirePro: AUD/CAD reverses dip, CAD ignores BoC rate hike and hawkish policy statement
Jul 12, 2018 07:01 am UTC| Technicals
AUD/CAD fades dips post BoC policy announcement, trades 0.20% higher on the day. BoCs rate hike decision and its relatively hawkish tone in the policy statement initially buoyed the Canadian dollar. AUD/CAD...