
FxWirePro: USD/CAD downside capped by 55- day EMA, good to buy on dips
Aug 15, 2018 12:03 pm UTC| Technicals
CAD recovers slightly after hitting 3- week high on account of slight rebound in Turkish lira. Turkish lira has rebounded more than 10% from the low of 7.0160. The pair declined more than 100 pips from the high of...

FxWirePro: ETH/USD upside capped by 5-DMA, break above 300 to see minor bullishness
Aug 15, 2018 11:00 am UTC| Digital Currency Technicals
(Refer ETH/USD chart on Trading View) ETH/USD is trading in a narrow range on Wednesday with its upside capped by 5-DMA. It is currently trading at 281 levels at the time of writing (Coinbase). On the topside, a...

FxWirePro: BTC/USD likely to test 10-DMA resistance, break above 6500 to see minor bullishness
Aug 15, 2018 07:22 am UTC| Digital Currency Technicals
(Refer BTC/USD chart on Trading View) BTC/USD closed at 6193 levels on Tuesday after hitting a low of 5880 levels, forming a hammer pattern. The pair is currently trading at 6367 levels at the time of writing with...

FxWirePro: EUR/NOK hovers around 9.5500 mark, bias remains slightly bullish
Aug 15, 2018 07:20 am UTC| Technicals
EUR/NOK is currently trading at 9.5525 levels. It made intraday high at 9.5560 and low at 9.5422 levels. Intraday bias remains slightly bullish till the time pair holds key support at 9.5400 mark. A...

FxWirePro: USD/ZAR exhibits range bound movement, bias remains neutral
Aug 15, 2018 06:43 am UTC| Technicals
USD/ZAR is currently trading around 14.31 levels. It made intraday high at 14.47 and low at 14.21 levels. Intraday bias remains neutral for the moment. A daily close above 14.42 will take the parity...

FxWirePro: GBP/JPY upside capped by 23.6% fib, good to buy on dips
Aug 15, 2018 06:36 am UTC| Technicals
As per our analysis GBP/JPY has shown a huge recovery of nearly 200 pips after taking support near 140level. Intraday trend is slightly bullish as long as support 141 holds. The main reason for jump is due to short...

FxWirePro: Gold hits 17-month low, good to sell on rallies
Aug 15, 2018 06:10 am UTC| Technicals
Overall trend - bearish Gold has lost more than $10 from the yesterdays high of $1198.The main reason for sharp fall in yellow metal was due to huge surge in US dollar index. DXY hits 13 month high around 96.87 at the...