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Crypto Technicals: BTC/USD pauses upside, 'spinning top' suggests indecision, watch for break below hourly cloud for weakness

May 16, 2019 10:08 am UTC| Digital Currency Technicals

BTC/USD chart - Trading View Exchange - Coinbase Support: 7970 (1H 55-EMA); Resistance: 8488 (July 2018 high) Technical Analysis: Bias Bullish BTC/USD has paused upside and is extending sideways for the 3rd...

FxWirePro: EUR/CAD Trade Idea

May 16, 2019 09:28 am UTC| Technicals

EUR/CAD chart - Trading View Technical Bias: Bearish - The pair has failed at strong trendline resistance - Price action has slipped below 200-DMA - Gravestone Doji formed on the daily charts - Stochs and...

FxWirePro: GBPJPY hits multi-month low on rising safe haven demand, good to sell on rallies

May 16, 2019 08:49 am UTC| Technicals

GBPJPY was trading extremely weak and lost more than 850 pips in past 2 months on account of trade war escalation and Brexit uncertainty. US and China trade tension is putting pressure on riskier assets and demand for safe...

FxWirePro: XAG/USD consolidates around $14.76 mark, faces immediate resistance at $14.85 mark

May 16, 2019 07:49 am UTC| Technicals

XAG/USD is currently trading around $14.79 marks. It made intraday high at $14.79 and low at $14.74 levels. Intraday bias remains neutral for the moment. A daily close above $14.76 will test key resistances...

FxWirePro: NZD/USD breaches channel base support, eyes 88.6% Fib at 0.6486

May 16, 2019 07:45 am UTC| Technicals

NZD/USD chart - Trading View NZD/USD is trading 0.11% lower on the day at 0.6556 at 0720 GMT, bias lower. The pair has breached channel base support at 0.6565, scope for further downside. Technical studies...

FxWirePro: FTSE100 recover sharply on easing trade tension and weak pound, good to buy on dips

May 16, 2019 07:33 am UTC| Technicals

FTSE100 has shown a good recovery of more than 2% after 20 day of huge selling of more than 5% on renewed US and China trade tension. US has imposed trade tariff of $200 billion Chinese goods from 10% to 25% and to counter...

FxWirePro: USD/ZAR hovers around key support at 14.22 mark, sustained close below requires for downside rally

May 16, 2019 07:15 am UTC| Technicals

USD/ZAR is currently trading around 14.20 levels. It made intraday high at 14.26 and low at 14.19 levels. Intraday bias remains slightly bearish till the time pair holds key resistance at 14.40 mark. A...

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