
Feb 14, 2019 10:06 am UTC| Technicals
SP500 is trading higher for fourth consecutive day after breaking major resistance around 2744. The index has closed above 200- day MA for 2ndconsecutive day on US-China trade optimism and better than expected corporate...

FxWirePro: FTSE100 hits 2-1/2 month high following footsteps of global market, jump till 7314 likely
Feb 14, 2019 09:27 am UTC| Technicals
FTSE100 `continues to trade higher for 5thconsecutive day following more than 50 points jump yesterday. The index is trading higher following footsteps of US market. SP500 has broken 200- day MA after a long consolidation...

FxWirePro: EUR/CAD slips below 78.6% Fib at 1.4944, bias lower, stay short
Feb 14, 2019 09:18 am UTC| Technicals
EUR/CAD chart on Trading View used for analysis The single currency remains bid as we await EU preliminary Q4 GDP data. EUR/CAD trades 0.08% higher at 1.4935 at 0910 GMT, bias remains bearish. Technical...

FxWirePro: Silver remains well supported below $15.70 mark, good to sell on rallies
Feb 14, 2019 09:03 am UTC| Technicals
XAG/USD is currently trading around $15.58 marks. It made intraday high at $15.66 and low at $15.52 levels. Intraday bias remains bearish till the time pair holds key resistance at $15.72 mark. A daily close...

FxWirePro:EURUSD trades lower after stall German GDP data,good to sell on rallies
Feb 14, 2019 09:01 am UTC| Technicals
EURUSD has pared some of its loss made yesterday after better than expected German prelim GDP data.Euro has jumped till 1.13414 on Feb 12thand shown a decline till 1.12489. The German 4thquarter GDP came at 0% compared to...

FxWirePro: AUD/NZD resumes weakness after rejection at 21-EMA, stay short
Feb 14, 2019 08:57 am UTC| Technicals
AUD/NZD chart on Trading View used for analysis AUD/NZD is trading 0.16% lower at 1.0412 at 0845 GMT, bias bearish. The pair is extending previous sessions slump, scope for further downside. Price action is...

FxWirePro: EUR/GBP capped at 21-EMA ahead of EU Q4 GDP data, bias neutral
Feb 14, 2019 07:31 am UTC| Technicals
EUR/GBP chart on Trading View used for analysis EUR/GBP is trading largely unchanged at the time of writing after hitting session highs at 0.8770 and lows of 0.8754. Technical indicators for the pair do not...