
FxWirePro: Japanese yen trades marginally higher despite lower than expected trade balance data
Dec 19, 2018 02:01 am UTC| Technicals
USD/JPY is currently trading around 112.48 marks. It made intraday high at 112.60 and low at 112.19 levels. Intraday bias remains slightly bearish for the moment. A daily close above 112.51 will take the...

FxWirePro: EUR/CAD hovers around 200-DMA, good to go long on decisive break above
Dec 18, 2018 12:51 pm UTC| Technicals Research & Analysis
EUR/CAD chart on Trading View used for analysis EUR/CAD is trading 0.26% higher on the day at 1.5251 at the time of writing. The pair has halted upside just shy of 38.2% Fib, retracing from highs of...

FxWirePro: S&P500 enters bear market territory, good to sell on rallies
Dec 18, 2018 12:46 pm UTC| Technicals
SP500 is trading weak for third consecutive day and has lost more than 2% yesterday. The index has broken major support 2583 ow made on Dec 10th2018 and hits 14-month low. US markets declined more than 10% in this month of...

Dec 18, 2018 12:07 pm UTC| Technicals
EUR/USD has pared some of its losses made on Friday and jumped more than 100 pips ahead of US Fed policy Fed is expected to hike interest rates by 25 basis point and to be hawkish. German IFO data released today came...

FxWirePro: USD/CAD trades higher as oil prices hit fresh low,good to buy on dips
Dec 18, 2018 11:58 am UTC| Technicals
USD/CAD has once again recovered after showing a minor decline yesterday. The decline in Canada was mainly due to weak crude oil price.The pair hits intraday high of 1.34200 and currently trading around...

Dec 18, 2018 11:41 am UTC| Technicals Research & Analysis
USD/JPY chart on Trading View used for analysis USD/JPY extends overnight slump, trades 0.45% lower at 112.31 at the time of writing. The pair in on verge of breach at Symmetric Triangle base, on expectations of...

FxWirePro:CHF/JPY forms Bullish pattern,good to buy on dips
Dec 18, 2018 10:32 am UTC| Technicals
Pattern formed- Bullish AB=CD pattern Ichimoku (2 hours) Tenken-Sen - 113.51 Kijun-Sen- 113.76 CHF/JPY was trading lower for past five working days. The pair has lost nearly 140 pips from the...