
Dec 04, 2018 10:53 am UTC| Technicals
USD/CAD continues to trade weak after a minor recovery. The pair jumped till 1.32193 and started to decline. The main reason for Canadian dollar strength is broad based US dollar selling after US-China trade truce and...

FxWirePro: S&P500 forms triple top around 2820,good to sell on rallies
Dec 04, 2018 10:51 am UTC| Technicals
Major resistance- 2820 SP500 has once again declined after showing a jump above 2800.The index has formed almost a triple top (2821,2818 and 2813) and started to decline. US markets jumped sharply yesterday...

FxWirePro: NZD/JPY tests 200W SMA, decisive break above to see further upside
Dec 04, 2018 10:35 am UTC| Technicals Research & Analysis
NZD/JPY chart on Trading View used for analysis NZD/JPY consolidates bullish gap open on Mondays trade, bias higher. The pair has tested major resistance at 200W SMA at 78.80, break above will propel the pair...

FxWirePro: AUD/CAD struggles at 200W SMA, good to go long on break above
Dec 04, 2018 10:12 am UTC| Technicals Research & Analysis
AUD/CAD chart on Trading View used for analysis AUD/CAD has failed to break above 200-W SMA which offers stiff resistance at 0.9766. The pair trades with strong bullish momentum and breakout at 200-W SMA could...

FxWirePro: USD/CHF struggles to close above 1.000 level, good to sell on rallies
Dec 04, 2018 08:54 am UTC| Technicals
Major resistance - 1.0010 USD/CHF is consolidating between 1.00059 and 0.99088 for past 10 trading days. The pair shown a minor recovery yesterday till 0.99902 after US-China truce but not able hold at higher...

FxWirePro: Silver rises sharply in European hours, stay bullish
Dec 04, 2018 08:30 am UTC| Technicals
XAG/USD is currently trading around $14.52 marks. It made intraday high at $14.52 and low at $14.35 levels. Intraday bias remains bullish for the moment. A daily close above $14.36 will test key resistances...

FxWirePro: AUD/NZD Near-Term Outlook
Dec 04, 2018 08:19 am UTC| Technicals Research & Analysis
AUD/NZD chart on Trading View used for analysis AUD/NZD has been trading in a Symmetric Triangle pattern, bias remains bearish. The pair is testing Triangle Base support at 1.06 and break below will see...