
Dec 11, 2018 13:29 pm UTC| Technicals
USD/CAD recovers more than 150 pips from low of 1.32537 on account of inverted Canada yield curve and weak crude oil price. Loonie hits 6-month high at 1.3449 and shown a minor profit booking. The main reason for decline...

FxWirePro: S&P500 forms hammer pattern,good to buy on dips
Dec 11, 2018 12:16 pm UTC| Technicals
Candlestick pattern- Hammer SP500 has recovered more than 3% from low of 2588 level made yesterday.The index has lost more than 200 points from high of 2813 made on Dec 3rd2018. The decline was mainly due to...

FxWirePro: NZD/CAD Near-Term Outlook
Dec 11, 2018 11:37 am UTC| Technicals
NZD/CAD chart on Trading View used for analysis NZD/CAD is trading in a narrow range on the day, holds above 5-DMA support. The pair has been on an uptrend since beginning of October and has broken above 200W...

Dec 11, 2018 11:34 am UTC| Technicals
USD/CAD recovers more than 150 pips from low of 1.32537 on account of inverted Canada yield curve and weak crude oil price. Loonie hits 6-month high at 1.3449 and shown a minor profit booking. The main reason for decline...

FxWirePro: NZD/CHF on track to test 200-DMA at 0.6744, stay short on rallies
Dec 11, 2018 10:46 am UTC| Technicals Research & Analysis
NZD/CHF chart on Trading View used for analysis NZD/CHF recovery stalled at stiff resistance at 20-DMA, upside only on break above. The pair has ignored Doji formation on Mondays trade and has resumed...

FxWirePro: USD/CHF trades lower for 4th consecutive day,dip till 0.9785 likely
Dec 11, 2018 10:22 am UTC| Technicals
Major support - 0.9845 USD/CHF was trading lower for 4thconsecutive day on account of Brexit uncertainty and stock market selling. US markets has shown a minor jump of 3% after hitting 9-month low yesterday. The...

FxWirePro: EUR/USD struggles to hold above 1.1400 on Brexit uncertainty, good to buy on dips
Dec 11, 2018 09:55 am UTC| Technicals
EURUSD has lost nearly 90 pips on Brexit uncertainty. GBP was trading lower after UK PM May announced that there will be delay to the meaningful vote.The pair hits high of 1.14427 yesterday and declined till 1.13505.It is...