
FxWirePro: FTSE100 trades below 20 day MA, dip till 7300 likely
Apr 26, 2019 09:39 am UTC| Technicals
Major Support- 7411 (20- day MA) UK100 is trading lower for 3rdconsecutive day and lost more than 120 point from high of 7530. The index was trading higher for past three months and jumped more than 15% from low of...

USDCAD forms shooting pattern, dip till 1.3380 likely
Apr 26, 2019 07:36 am UTC| Technicals
Candlestick pattern Shooting star USDCAD has halted its long winning streak and declined nearly 50 pips from high of 1.35214. The jump was mainly due to weak Canadian economic data and dovish BOC policy. Canadian...

GBPJPY forms double bottom around 143.75, jump till 145 likely
Apr 26, 2019 06:53 am UTC| Technicals
Major support- 143.75 GBPJPY has formed double bottom around 143.75 and shown a minor jump of 50 pips from that level the minor recovery was mainly due to slightly jump in GBPUSD from low of 1.2865 on absence of...

Apr 26, 2019 06:23 am UTC| Technicals
Technical analysis (chart and candlestick patterns occurred): On daily plotting ofGBPJPY, failure swings have been observed at the stiff resistance of 149.161 levels several times in recent times. On the contrary, at...

Apr 26, 2019 05:10 am UTC| Technicals
AUD/NZD chart - Trading View Fundamental News: - Australia first quarter producer price inflation (PPI) numbers came in weaker-than-expected - PPI rose 0.4 percent q/q in Q1, having risen by 0.5 percent in the...

FxWirePro:Gold trades higher on global growth concerns, good to sell on rallies
Apr 26, 2019 05:02 am UTC| Technicals
Gold has recovered slightly more than $25 amid strong US dollar index. The yellow metal has lost more than $80 from high of $1341 made on Feb 20th2019 on account of strong global markets and easing US-Sino trade...

FxWirePro: AUD/USD fails to close below 0.70, Doji at lows raises scope for upside
Apr 26, 2019 04:39 am UTC| Technicals
AUD/USD chart - Trading View AUD/USD recovers from multi-month lows with a Doji formation at lows. The pair is extending marginal gains on the day, trading at 0.7020 at 0420 GMT. Aussie bid despite...