
FxWirePro: Buy USD/CHF above 1.0010
Feb 05, 2019 07:14 am UTC| Technicals
Major resistance- 1.0010 USDCHF is trading higher for 3rdconsecutive day and jumped nearly 90 pips from the low. DY is rebounding after better than expected US Non farm payroll data. But US and China trade talks and...

FxWirePro: GBP/AUD pauses downside at 55-EMA ahead of UK services PMI, good to stay short on upticks
Feb 05, 2019 06:28 am UTC| Technicals
GBP/AUD chart on Trading View used for analysis GBP/AUD slumps lower ahead of UK services PMI data, trades 0.45% lower on the day at 1.7956 at 0610 GMT. Traders remained cautious before Jan UK services...

FxWirePro: EUR/CAD recovery capped below 5-DMA, on track to test 78.6% Fib, stay short
Feb 05, 2019 06:03 am UTC| Technicals
EUR/CAD chart on Trading View used for analysis EUR/CAD recovery capped below 5-DMA, the pair trades 0.04% lower on the day at 1.4987 at 0550 GMT. The pair is extending weakness below daily cloud, bias lower,...

FxWirePro: Gold downside capped by 10-day MA, good to buy on dips
Feb 05, 2019 05:56 am UTC| Technicals
Gold has halted its 2 week of winning streak and declined more than $20. The yellow metal jumped more $50 in month of Jan on account of dovish Fed and global uncertainty. The major three factors that drive gold...

FxWirePro: EUR/JPY comatose around 55-EMA, focus on Eurozone PMI data for further impetus
Feb 05, 2019 04:45 am UTC| Technicals
EUR/JPY chart on Trading View used for analysis EUR/JPY is trading in an extremely narrow range, capped below 55-EMA resistance. The pair is grinding higher, holds above 21-EMA. Major trend is bearish, but...

FxWirePro: Silver rejects key support at 15.67 mark, stay bullish only above $15.90 mark
Feb 05, 2019 04:41 am UTC| Technicals
XAG/USD is currently trading around $15.88 marks. It made intraday high at $15.89 and low at $15.82 levels. Intraday bias remains neutral for the moment. A daily close above $15.84 will test key resistances...

FxWirePro: USD/THB consolidates around 31.25 mark, upside limited
Feb 05, 2019 04:24 am UTC| Technicals
USD/THB is currently trading around 31.27 marks. It made intraday high at 31.33 and low at 31.26 marks. Intraday bias remains neutral till the time pair holds key resistance at 31.40 mark. On the top side,...