
FxWirePro: USD/CHF hits multi-week high on reducing demand for safe-haven asset,good to buy on dips
Jan 18, 2019 10:06 am UTC| Technicals
USDCHF is trading higher for 4thconsecutive day and jumped more than 150 pips on account of easing geopolitical tensions. The trade optimism between US and China has increased demand for risky assets such stocks. The pair...

FxWirePro: GBP/JPY jumps sharply on strong GBP,jump till 145 likely
Jan 18, 2019 07:51 am UTC| Technicals
GBP/JPY was trading higher and jumped more than 150 pips after UK PM Theresa May won no confidence vote in narrow margin 325 votes to 306 votes. The voting on UK PM May Brexit plan B and amendments to the motion will take...

FxWirePro: NZD/CAD recovery lacks traction, stay short on below 0.8930
Jan 18, 2019 07:49 am UTC| Technicals
NZD/CAD chart on Trading View used for analysis NZD/CAD edges higher from fresh weekly lows at 0.8935 with a Doji formation. Upside struggling to gather momentum, trades rangebound on the day at 0.8979 at 0730...

Jan 18, 2019 06:32 am UTC| Research & Analysis Technicals
A Quick Glimpse on OPECs Inventory: As per the OPECs MOMR Jan2019,the production declined by more than 700,000 barrels a day last month, which was primarily driven by Saudi Arabi the de-facto head of OPEC and the worlds...

Jan 18, 2019 06:22 am UTC| Technicals
Gold is trading in narrow range between $1298 and $1276 for past 10 days. The yellow metal is holding strong despite strong global stock market.It is currently trading around $12. The major three factors that drive gold...

FxWirePro: AUD/USD extends range trade, finds stiff resistance at 110-EMA at 0.7220
Jan 18, 2019 06:11 am UTC| Technicals
AUD/USD chart on Trading View used for analysis AUD/USD is trading in a narrow range, with days high at 0.7205 and low at 0.7185. The pair is extending sideways grind, major trend remains bearish. 110-EMA...

FxWirePro: EUR/JPY Daily Outlook
Jan 18, 2019 05:01 am UTC| Technicals
EUR/JPY chart on Trading View used for analysis EUR/JPY trades 0.17% higher on the day at 124.61 at 0450 GMT. Major trend in the pair is bearish. Recovery finds stiff resistance at 124.95 (20-DMA). Break...