
FxWirePro: US Oil forms Evening star pattern, dip till $55 likely
Mar 04, 2019 09:00 am UTC| Technicals
Candlestick Pattern- Evening star Major resistance- $58 US oil has declined sharply after showing a good jump till $57.85. The previous high was around $57.79 made on Feb 22nd2019 and on Friday oil jumped...

FxWirePro: EUR/CAD pauses shy of 200-DMA, focus on ECB and BoC monetary policy meetings
Mar 04, 2019 08:39 am UTC| Technicals
EUR/CAD chart on Trading View used for analysis EUR/CAD has retraced from session highs at 1.5115 and is currently trading at 1.5093 at 0800 GMT. The pair has paused upside shy of 200-DMA, breakout to see...

FxWirePro: Silver hits fresh 3-month low at $15.06 mark, faces immediate resistance at $15.28 mark
Mar 04, 2019 07:37 am UTC| Technicals
XAG/USD is currently trading around $15.19 marks. It made intraday high at $15.25 and low at $15.06 levels. Intraday bias remains slightly bearish till the time pair holds key resistance at $15.28 mark. A...

FxWirePro:USD/CAD forms bullish engulfing pattern, jump till 1.3380 likely
Mar 04, 2019 07:16 am UTC| Technicals
Candlestick pattern formed- Bullish Engulfing pattern USDCAD is trading higher for 2ndconsecutive week and recovered more than 150 pips on account of weak Canada GDP data. Canadian economy has increased 0.4%...

FxWirePro: NZD/USD holds 55-EMA support, break above 5-DMA could see further upside
Mar 04, 2019 06:50 am UTC| Technicals
NZD/USD chart on Trading View used for analysis NZD/USD opened with a bullish gap in the Asian session, but upside struggling to gather traction. Positive Sino-U.S. trade headlines and Trumps jawbonning the US...

FxWirePro: USD/ZAR trades in narrow range, South Africa’s business confidence index data in focus
Mar 04, 2019 06:43 am UTC| Technicals
USD/ZAR is currently trading around 14.15 levels. It made intraday high at 14.20 and low at 14.15 levels. Intraday bias remains bullish till the time pair holds key support at 14.02 mark. A daily close...

FxWirePro: USD/CNY consolidates around 6.70 mark, PBOC sets yuan mid-point at 6.7049
Mar 04, 2019 06:22 am UTC| Technicals
USD/CNY is currently trading around 6.7047 marks. It made intraday high at 6.7063 and low at 6.6849 levels. Intraday bias remains neutral till the time pair holds key support at 6.6700 marks. A sustained...