
Jan 25, 2019 17:39 pm UTC| Technicals
EURUSD was trading lower yesterday and lost nearly 100 pips on account of dovish ECB policy. ECB has kept its policy unchanged with deposit rate at -0.4% ,marginal lending rate at 0.25% and main refinancing rate at 0%. ECB...

FxWirePro: S&P500 upside capped by 300-day EMA, any break above targets 2725
Jan 25, 2019 17:30 pm UTC| Technicals
SP500 has recovered more than 1% after a minor 3 days of selling. The index was closed higher for 5thconsecutive week on account of US -China trade optimism. Wall Stret surges on upbeat earnings and US senate is finding...

FxWirePro: USD/CHF Daily Outlook
Jan 25, 2019 17:17 pm UTC| Technicals
USDCHF halted its bullishness and shown a nearly 60 pips decline from the high of 0.9990. Swiss franc was trading weak for past one week on account of easing US-China trade deal and slight recovery in global stock market....

FxWirePro:GBP/USD on verge of breaching 1.31500 on Brexit deal hopes,good to buy on dips
Jan 25, 2019 11:58 am UTC| Technicals
GBP/USD was trading higher and jumped more than 6% from low of 1.23730 due to Brexit uncertainty. UK PM May has lost Brexit vote in House of Common by 230 votes but won No confidence vote in narrow margin. The pair hits...

FxWirePro: AUD/CAD pauses downside at cloud base support, break below to see further weakness
Jan 25, 2019 10:38 am UTC| Technicals
AUD/CAD chart on Trading View used for analysis AUD/CAD trades in tight range, holds support at cloud base. The pair trades with a bearish bias, break below cloud will see further drag. Growing prospects of...

FxWirePro: FTSE100 trades weak,break below 6800 targets 6545
Jan 25, 2019 10:18 am UTC| Technicals
Major Support- 6800 FTSE100 has lost more than 2.5% in this week. The index moves slightly inverse to GBP trend. GBP was trading higher against all majors especially with USD and has jumped nearly 250 pips nearly 2%...

FxWirePro: EUR/NZD extends weakness post dovish ECB, on track to test 61.8% Fib
Jan 25, 2019 08:44 am UTC| Technicals
EUR/NZD chart on Trading View used for analysis EUR/NZD extends weakness post dovish ECB, recovery capped below 5-DMA at 1.6778, bias bearish. Euro bears largely in control post ECB. Focus now on German Ifo data...