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FxWirePro: GBP/CAD retraces from monthly highs at 1.7295, bias higher, good to go long on dips

Feb 20, 2019 12:02 pm UTC| Technicals

GBP/CAD chart on Trading View used for analysis GBP/CAD has trimmed gains from fresh monthly highs at 1.7295. The pair is trading 0.51% lower on the day at 1.7166 at 1150 GMT. Price action has shown a break...

FxWirePro: AUD/CHF finds stiff resistance at 200-DMA, further upside only on break above

Feb 20, 2019 11:32 am UTC| Technicals

AUD/CHF chart on Trading View used for analysis AUD/CHF extends choppy trade below 200-DMA resistance. Intraday bias neutral. Focus on Australian January labor market report due on Thursday at 0030...

FxWirePro: EUR/USD trade idea

Feb 20, 2019 10:30 am UTC| Technicals

EURUSD has pared most of its loss yesterday and jumped nearly 80 pips on broad based US dollar buying. The improvement in risk sentiment on account of US-China trade talk optimism has reduced safe haven demand. The pair...

FxWirePro:USD/CAD hits 2-week low on broad based US dollar selling and strong crude oil price, good to sell on rallies

Feb 20, 2019 10:08 am UTC| Technicals

USDCAD is trading weak for fourth consecutive day and lost nearly 60 pips in this week. It has formed minor top around 1.3340 and lost more than 150 pips on account of US-China trade talks optimism and strong crude oil...

FxWirePro: FTSE100 takes support near 10-day MA, good to buy on dips

Feb 20, 2019 10:06 am UTC| Technicals

FTSE100 has halted its 2- week of uptrend and shown a minor decline till 7161. The index has formed minor top around 7261 and is currently trading around 7204.The index is holding steady on account of US-China trade talks...

FxWirePro: EUR/NZD eyes 200-W SMA at 1.6325, good to go short on rallies

Feb 20, 2019 09:54 am UTC| Technicals

EUR/NZD chart on Trading View used for analysis EUR/NZD is trading 0.34% higher on the day at 1.6528 at 0910 GMT. The pair is in a major downtrend and recovery attempts were capped at 55-EMA. Positive...

FxWirePro: XAG/USD hits fresh 3-week high at $16.06 mark, downside limited

Feb 20, 2019 07:51 am UTC| Technicals

XAG/USD is currently trading around $15.99 marks. It made intraday high at $16.06 and low at $15.94 levels. Intraday bias remains bullish till the time pair holds key support at $15.80 mark. A daily close...

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