
FxWirePro: USDCAD declines sharply on broad based US dollar selling, good to sell on rallies
Apr 29, 2019 13:12 pm UTC| Technicals
USDCAD has halted its long winning streak and declined more than 75 pips from high of 1.35214. The decline was due to broad based US dollar selling. US GDP data came better than expected.But slight decline in deflator 1.3%...

Crypto Technicals: BCH/USD extends slide, eyes 200-DMA at 226
Apr 29, 2019 12:27 pm UTC| Digital Currency Technicals
BCH/USD chart - Trading View Exchange - Coinbase Support: 226 (200-DMA); Resistance: 253 (5-DMA) Technical Analysis: Bias Bearish - BCH/USD is extending grind lower along downward sloping 5-DMA - The pair...

Apr 29, 2019 12:11 pm UTC| Technicals Insights & Views
GBPCADhas formed shooting star at 1.7397 levels and the sloping channel patterns in the minor trend. You can observe failure swings at the channel resistance, but bulls are attempting to shrug-off these bearish...

CHFJPY trades above minor trend line resistance, jump till 110.38 likely
Apr 29, 2019 10:39 am UTC| Technicals
Major resistance- 109.66 (Trend line resistance) CHFJPY has halted its 2- week of weakness and shown a minor jump in past tow trading days.It has declined more than 250 pips from high of 111.97. Swiss franc is...

Crypto Technicals: ETC/USD extends gains for the 4th straight session, retakes 200-DMA, bias higher
Apr 29, 2019 10:29 am UTC| Digital Currency Technicals
ETC/USD chart - Trading View Exchange - Bitfinex Support: 5.6821 (200-DMA); Resistance: 5.919 (23.6% Fib) Technical Analysis: Bias turning Bullish - ETC/USD is extending gains for the 4th straight session -...

FxWirePro: FTSE100 upside capped by 200-H MA, good to sell on rallies
Apr 29, 2019 09:55 am UTC| Technicals
Major Intraday resistance- 7450 (200- H MA) UK100 has shown a minor jump till 7445 and started to decline. The index is trading lower for 4thconsecutive day and lost more than 120 point from high of 7530. The index...

EURUSD recovers sharply amid strong US GDP, any further bullishness only above 1.11750
Apr 29, 2019 08:50 am UTC| Technicals
Major resistance - 1.1750 (Support turned into Resistance) EURUSD has recovered sharply from low of 1.11097 made after release of US GDP data. US GDP came at 3.2% seasonal adjusted annual rate in first three months...