
FxWirePro: USDCAD trades below trend line support on rising oil price, markets eye BOC
Jan 08, 2019 11:50 am UTC| Technicals
USD/CAD trading lower for 3rdconsecutive day and lost nearly 400p pips from high 1.36648 level. The Canadian dollar was trading higher against all majors after better than expected Canadian employment data and rising oil...

FxWirePro: GBP/CHF capped below 21-EMA, good to stay short on break below 5-DMA
Jan 08, 2019 11:16 am UTC| Technicals
GBP/CHF chart on Trading View used for analysis GBP/CHF rejected at session highs at 1.2550, trades muted at 1.2516 at 1100 GMT. The pair trades below daily cloud and major moving averages, bias still...

Jan 08, 2019 10:43 am UTC| Technicals
Major support 0.9785 Pattern formed - Falling Wedge USD/CHF is trading weak for 2ndconsecutive day and lost nearly 90 pips. The reason for decline is broad based US dollar selling and dovish comments by Fed on...

FxWirePro: Cloud caps upside in GBP/NZD, 'Bullish Divergence' keeps scope for gains
Jan 08, 2019 10:15 am UTC| Technicals
GBP/NZD chart on Trading View used for analysis GBP/NZD is trading 0.18% higher on the day at 1.8943 at 0930 GMT. The pair finds stiff resistance at daily cloud and break above cloud base to see further...

FxWirePro: EUR/CHF grinds lower along 5-DMA, dip till 'Double Bottom' at 1.1183 likely
Jan 08, 2019 09:20 am UTC| Technicals
EUR/CHF chart on Trading View used for analysis EUR/CHF extend grind along 5-DMA, long upper wicks on candles suggest selling pressure at highs. The pair remains capped below 21-EMA which is stiff resistance at...

FxWirePro: Silver falls gradually against U.S. dollar, downside limited
Jan 08, 2019 07:46 am UTC| Technicals
XAG/USD is currently trading around $15.53 marks. It made intraday high at $15.66 and low at $15.48 levels. Intraday bias remains bearish till the time pair holds key resistance at $15.63 mark. A daily close...

FxWirePro: Buy EUR/USD on dips
Jan 08, 2019 07:33 am UTC| Technicals
Major Resistance- 1.1500 EUR/USD was trading higher after a long consolidation and jumped nearly 90 pips. It hits high of 1.1440. The slightly dovish Fed and easing trade tension between US and China is supporting...