
Jan 21, 2019 06:23 am UTC| Technicals
A Glance at Technical Analysis: TheUSDJPYminor trend, forms hammer patterns (on both daily and monthly terms)thattake off rallies above DMAs, while both leading lagging oscillators indicate strength in upswings,...

Jan 21, 2019 04:52 am UTC| Technicals
EUR/JPY chart on Trading View used for analysis EUR/JPY capped below 20-DMA resistance at 124.826, break above could see minor upside. Major trend in the pair remains bearish, price action below major moving...

FxWirePro: Nikkei trades higher on US-China trade hopes,good to buy on dips
Jan 21, 2019 03:53 am UTC| Technicals
Asian marketsare trading higher especially Nikkei jumped more than 1% following footsteps of Wall Street. US markets end higher for 4thconsecutive weeks on US-China trade hopes and jumped nearly more than 14% from low made...

FxWirePro: NZD/USD extends weakness below 200-DMA, focus on NZ CPI data for further impetus
Jan 21, 2019 03:51 am UTC| Technicals
NZD/USD chart on Trading View used for analysis NZD/USD is extending weakness for the 6th straight session, bias lower. The pair is grinding lower below 200-DMA resistance, trades 0.17% lower at 0.6728 at 0330...

FxWirePro: AUD/USD struggles to extend gains, poor China Q4 GDP data caps upside
Jan 21, 2019 02:48 am UTC| Technicals
AUD/USD chart on Trading View used for analysis AUD/USD edged higher on early Mondays trade, rose around 20 pips on the back of an above-forecast China industrial production data. Chinas industrial production...

FxWirePro: S&P500 trades well above 55-day EMA, jump till 2725 likely
Jan 18, 2019 13:24 pm UTC| Technicals
SP500 is trading higher for 4thconsecutive day and jumped more than 60 points.the jump was mainly due to easing trade war tensions between US and China. The Wall Street Journal reported on Thursday that US Treasury...

Jan 18, 2019 12:51 pm UTC| Technicals
Technical Chart and Candlestick Patterns:As stated before in our recent post ofUSDCAD, the formation of hanging man followed by 3-black crow patterns at 1.3637 and 1.3370 levels respectively has plummeted the prices...