
FxWirePro: US Oil struggles at 50-DMA ahead of API data, break above to see further upside
Aug 28, 2018 13:31 pm UTC| Technicals
US Oil is extending range trade at 50-DMA resistance at 69.22, break above will see further upside. Momentum studies are bullish. Stochs and RSI are sharply higher. Price action has bounced off 200-DMA and upside...

GBPUSD : Trend line resistance and Bearish divergence
Aug 28, 2018 13:23 pm UTC| Technicals
Overall trend : Bearish Major resistance- 1.29365 (trend line resistance) Ichimoku Analysis (Daily Chart) Tenken-sen- 1.2870 Kijun-Sen- 1.2868 GBPUSD has shown a good recovery of more than 100...

Aug 28, 2018 12:28 pm UTC| Technicals
USD/CAD has lost more than 100 pips from the high of 1.30673 made yesterday. US dollar was trading weak against all majors after US-Mexico has reached trade deal.Trump speaking from oval office mentioned that US and Mexico...

FxWirePro: CHF/JPY continues to trade higher for 6th consecutive day, jump till 114.75 likely
Aug 28, 2018 12:05 pm UTC| Technicals
Overall trend : Bullish Ichimoku Analysis (Daily Chart) Tenken-sen- 112.13 Kijun-Sen- 112.07 Trend reversal level (intra day)- 113.80 As per our analysis CHF/JPY is continuously trading...

FxWirePro: ETH/USD breaches 10-DMA resistance, decisive break above 21-EMA to see minor bullishness
Aug 28, 2018 11:32 am UTC| Digital Currency Technicals
(Refer ETH/USD chart on Trading View) ETH/USD successfully closed above 10-DMA on Monday at 287 levels. The pair is extremely rangebound on Tuesday and is trading at 288 levels at the time of writing...

FxWirePro: BTC/EUR hovers around 55-EMA at 5907, good to go long on decisive break above
Aug 28, 2018 10:27 am UTC| Digital Currency Technicals
BTC/EUR intraday bias shifts to bullish after break above 21-EMA. The pair is currently hovering around 55-EMA and decisive break above will see further upside. Price action has broken above major EMAs on the...

Aug 28, 2018 10:21 am UTC| Research & Analysis Technicals
Gold (XAUUSDprice) has formed dragonfly doji that evidences upswings above 7 and 21-DMAs, while both price and technical indicators move in tandem (refer daily chart). Whereas bears in the intermediate trend resume...