
Dec 10, 2018 09:46 am UTC| Technicals
USD/CAD declines sharply nearly 200 pips after hitting 6-month high at 1.3449. The main reason for sudden jump in Canadian dollar is better than expected Canada jobs data. Canadian economy has added 94000 jobs for the...

Is US SEC’s deferral of judgement on VanEck/SolidX crypto ETF approval causing price action?
Dec 10, 2018 07:58 am UTC| Research & Analysis Technicals Digital Currency
The U.S. SECs eagle eye on the crypto regulation has prolonged, while having embraced the market even while fighting to fend off fraud. The current state of the cryptocurrency avenue has been luring investors attention...

Dec 10, 2018 07:49 am UTC| Technicals
Major resistance - 1.0010 USD/CHF was trading lower for 3rdconsecutive day on account of global stock market selling and declining 10-year yield. US Non Farm Payroll data which has been released on Friday came...

FxWirePro: NZD/CHF recovery capped at 20-DMA, scope for test of 200-DMA at 0.6745
Dec 10, 2018 07:20 am UTC| Technicals Research & Analysis
NZD/CHF chart on Trading View used for analysis NZD/CHF edges higher from session lows at 0.6843, trades at 0.6811 at the time of writing. The pair finds stiff resistance at 20-DMA at 0.6822. Break above could...

FxWirePro: EUR/USD breaks minor hurdle 1.14300, further bullishness only above 1.1500 level
Dec 10, 2018 07:19 am UTC| Technicals
EURUSD has broken major resistance 1.1429 (55- day EMA) after a long consolidation.The pair hits high of 1.14427 after slight weaker than expected US Non Farm Payroll. It is currently trading around 1.14352. US economy has...

FxWirePro: EUR/JPY hovers around 5-DMA, focus on German trade balance data
Dec 10, 2018 06:56 am UTC| Technicals Research & Analysis
EUR/JPY chart on Trading View used for analysis EUR/JPY is trading 0.16% higher at the time os writing at 128.61. Euro edges higher as markets await German trade balance and Eurozone sentix index data due...

FxWirePro: Gold hits 5-month high on weak US 10 year yield and US dollar, good to buy on dips
Dec 10, 2018 06:11 am UTC| Technicals
Gold trades higher and jumped more than $10 yesterday after weaker than expected US Non Farm Payroll data. The declining US 10 year yield and minor weakness in US dollar is also supporting yellow metal. It is currently...