
FxWirePro: S&P500 trades well above 55-day EMA, jump till 2725 likely
Jan 18, 2019 13:24 pm UTC| Technicals
SP500 is trading higher for 4thconsecutive day and jumped more than 60 points.the jump was mainly due to easing trade war tensions between US and China. The Wall Street Journal reported on Thursday that US Treasury...

Jan 18, 2019 12:51 pm UTC| Technicals
Technical Chart and Candlestick Patterns:As stated before in our recent post ofUSDCAD, the formation of hanging man followed by 3-black crow patterns at 1.3637 and 1.3370 levels respectively has plummeted the prices...

Jan 18, 2019 12:07 pm UTC| Technicals
GBPUSD has declined nearly 50 pips after release of UK retail sales. UK retail sales declines 0.9% in the month of Dec compared to forecast of -0.8% and core retail sales dropped by 1.3%. The pair shown a good jump of more...

FxWirePro: EUR/CHF eyes 110-EMA at 1.1360, good to go long on dips
Jan 18, 2019 11:57 am UTC| Technicals
EUR/CHF chart on Trading View used for analysis EUR/CHF trades 0.08% higher on the day at 1.1330 at 1150 GMT. The pair js extending upside after forming a double bottom at 1.1183. Technical studies are...

FxWirePro: DAX30 trade slightly above 11000 level,jump till 11490 likely
Jan 18, 2019 11:56 am UTC| Technicals
Chart Pattern- Double top Major resistance - 11000 DAX30 has broken major resistance 11000-11040 level after a long consolidation.The index was trading in narrow range for past six trading session between...

FxWirePro: CAD/CHF on track to close higher for the 3rd straight week, bias higher
Jan 18, 2019 11:32 am UTC| Technicals
CAD/CHF chart on Trading View used for analysis CAD/CHF hovers around 110-EMA, intraday bias higher. The pair is on track to close higher for the 3rd straight week. Momentum studies are bullish, RSI sharply...

FxWirePro: GBPUSD trades slightly lower on weak UK retail sales data, markets eye Brexit
Jan 18, 2019 10:08 am UTC| Technicals
GBPUSD has declined nearly 50 pips after release of UK retail sales. UK retail sales declines 0.9% in the month of Dec compared to forecast of -0.8% and core retail sales dropped by 1.3%. The pair shown a good jump of more...