
Feb 05, 2019 12:01 pm UTC| Research & Analysis Technicals
Technical Glance:OnWTI crude daily chart, the recent rallies have bounced above 7DMAs upon the formation of the bullish engulfing pattern at $46.57 levels but were restrained below stiff resistance zone of $54.79 - $55.79...

FxWirePro: DAX forms ascending triangle pattern, any break above 11325 confirm further bullishness
Feb 05, 2019 11:33 am UTC| Technicals
Major support - 11060 (300- H EMA) DAX has jumped more than 250 points after taking support near 300- H EMA following footsteps of Wall Street. SP500 was trading for 6thconsecutive day and hits 2-month high after...

FxWirePro: CHFJPY upside capped by trend line resistance, good to sell on rallies
Feb 05, 2019 11:30 am UTC| Technicals
Ichimoku Analysis (4 hours chart) Kijun-Sen- 110.11 Tenken-Sen- 109.73 CHFJPY has shown a minor recovery from 109.12 and jumped till 110.34.The pair is facing strong resistance near trend line and any...

FxWirePro: EUR/NZD slips below 110-W EMA, dip till 200-W SMA likely
Feb 05, 2019 11:07 am UTC| Technicals
EUR/NZD chart on Trading View used for analysis EUR/NZD trades 0.21% lower on the day at 1.6567 at 1100 GMT, bias lower. Data from the eurozone was mixed. Retail Sales in the region contracted at a monthly 1.6%...

FxWirePro: NZD/JPY extends 200-DMA break, eyes 78.6% Fib at 76.83, stay long on dips
Feb 05, 2019 10:18 am UTC| Technicals
NZD/JPY chart on Trading View used for analysis NZD/JPY extends grind higher after breakout at 200-DMA, bias higher. The pair is trading 0.18% higher on the day at 75.77 at 1010 GMT. Markets await New...

FxWirePro: AUD/JPY breaks above 55-EMA, bias higher, good to stay long on dips
Feb 05, 2019 08:44 am UTC| Technicals
AUD/JPY chart on Trading View used for analysis AUD/JPY is trading 0.31% higher on the day at 79.64 at 0815 GMT, bias bullish. The pair has broken above 55-EMA resistnace which was capping upside from many...

Feb 05, 2019 08:24 am UTC| Technicals
RBA has maintained the status quo in its monetary policy, keeping cash rates at 1.50%. Consequently, Aussie has shown vigorous rallies up to 0.7264 levels. InAUDUSDminor trend, shooting star has occurred at 0.7272, and...