
FxWirePro: FTSE100 hits 2-week low on strong pound and Brexit delay hopes, good to sell on rallies
Feb 28, 2019 08:59 am UTC| Technicals
FTSE100 has is declining for fourth consecutive day on account of strong pound due to Brexit delay hopes.GBP was trading higher against USD and has jumped more than 100 pips yesterday.It has recovered more than 550 pips in...

FxWirePro: Silver remains well supported above $15.70 mark, good to buy on dips
Feb 28, 2019 08:07 am UTC| Technicals
XAG/USD is currently trading around $15.76 marks. It made intraday high at $15.77 and low at $15.68 levels. Intraday bias remains slightly bullish for the moment. A daily close above $15.72 will test key...

GBPJPY: Shooting star and bearish divergence
Feb 28, 2019 07:36 am UTC| Technicals
Candle stick pattern-Shooting star Bearish divergence (CCI (50) 4 hours chart) GBPJPY was trading higher for past 10 days and jumped more than 700 pips on account of positive Brexit headlines. The pair hits...

Feb 28, 2019 07:21 am UTC| Technicals
AUD/USD chart on Trading View used for analysis AUD/USD rejected at session highs at 0.7166. The pair has slipped below 5-DMA and has broken below 1H 200 SMA. Data released earlier today showed Australia Q4...

FxWirePro: South African rand trades almost flat ahead of PPI, trade balance data
Feb 28, 2019 07:07 am UTC| Technicals
USD/ZAR is currently trading around 13.96 levels. It made intraday high at 13.96 and low at 13.91 levels. Intraday bias remains bullish till the time pair holds key support at 13.82 mark. A daily close...

FxWirePro: GBP/CAD Near-Term Outlook
Feb 28, 2019 07:02 am UTC| Technicals
GBP/CAD chart on Trading View used for analysis GBP/CAD has broken major trendline resistance at 1.74, scope for further upside. The pair is extending northward trajectory to a seven-month high near 1.7541 on...

FxWirePro: USD/INR remains well supported below 71.50 mark, further sideways movement likely
Feb 28, 2019 06:32 am UTC| Technicals
USD/INR is currently trading around 71.20 marks. It made intraday high at 71.26 and low at 71.07 marks. Intraday bias remains neutral for the moment. Key resistances are seen at 71.50, 71.71, 72.02, 72.32...