
Oct 22, 2018 11:31 am UTC| Technicals
NZD/JPY chart on Trading View used for analysis Technical Analysis: Bias Bullish - Extends breaks into cloud and above 21-EMA - Breaks above 55-EMA and pauses just shy of 23.6% Fib - Stocks and RSI are biased higher,...

USDCHF trades steady, any break above 0.9980 confirm further bullishness
Oct 22, 2018 11:28 am UTC| Technicals
USD/CHF is trading steady after a minor decline. The pair hits intraday low of 0.99399 and shown a good recovery. It is currently trading around 0.99796. It has taken support near 5 day MA and any break below 0.9930...

FxWirePro: Copper tests major resistance at 110-EMA, close above to see further gains
Oct 22, 2018 10:47 am UTC| Technicals
Copper chart on Trading View used for analysis Copper prices are extending gains for a second straight session, up 1.12% on the day. Metals remain buoyed by PBOC pledge to support firms with liquidity...

FxWirePro :CHF/JPY downside capped by trend line and 200 day MA, good to buy on dips
Oct 22, 2018 09:45 am UTC| Technicals
Major support- 112.65 (trend line support and 200 day MA) CHF/JPY has taken support near 200- day MA and trend line support and recovered more than 50 pips. The pair hits high of 113.41 and is currently trading...

Oct 22, 2018 09:35 am UTC| Technicals
EURUSD pared most of its loss made on Friday. The pair hits low of 1.14332 and jumped more than 100 pips. The main reason for the jump is slight ease in Italy budget issue. The 10 year Italy bond yield has fallen more than...

FxWirePro: EUR/JPY spikes past 130 handle, focus on Italy-German yield spread for further impetus
Oct 22, 2018 08:06 am UTC| Technicals
EUR/JPY chart on Trading View used for analysis EUR/JPY spikes past 130 handle, trades 0.41% higher on the day at 130.04 after hitting highs of 130.20. The pair has bounced of cloud support and decisive break...

FxWirePro: XAG/USD stabilizes above $14.50 mark, upside limited
Oct 22, 2018 07:49 am UTC| Technicals
XAG/USD is currently trading around $14.63 marks. It made intraday high at $14.67 and low at $14.50 levels. Intraday bias remains neutral till the time pair holds immediate resistance at $14.70 mark. A daily...