FxwirePro: BTC/USD faces trend line resistance at 8450, break above likely to test 200-DMA
Jul 26, 2018 07:21 am UTC| Digital Currency Technicals
BTC/USD is trading in a close range on Thursday after it closed in the red at 8049 levels on July 25. It is currently trading at 8286 levels at the time of writing (Bitstamp). On the upside, the pair faces immediate...

FxWirePro: Sell CHF/JPY on rallies
Jul 26, 2018 07:13 am UTC| Technicals
Major Intraday Trend line resistance - 112 Major trend line support - 111.50 Pattern formed- Lower High and higher low (first high 112.16 and after wards it hits low of 111.61 ( low made yesterday) and shown a minor...

FxWirePro: AUD/JPY struggles to hold break above 20-DMA, bias lower, stay short
Jul 26, 2018 07:01 am UTC| Technicals
AUD/JPY is extending choppy trade around 55-EMA, overall bias remains bearish. The pair is struggling to hold gains above 20-DMA and we see upside only on decisive break above. Technical indicators on daily...

Jul 26, 2018 06:26 am UTC| Technicals
EURUSD bulls bank on the inverted head and shoulder pattern, with shoulder 1 at 1.1613, shoulder 2 at 1.1654, inverted head at 1.1575 and neckline at 1.1745 levels (refer 4H chart). For now, more rallies seem to be on...

FxWirePro: EUR/JPY recovery capped below 5-DMA, focus on ECB for further impetus
Jul 26, 2018 06:05 am UTC| Technicals
EUR/JPY has resumed downside after brief consolidation in the previous session. Recovery in the previous session was capped at 100-DMA which is stiff resistance. European Central Bank (ECB) monetary policy...

Jul 26, 2018 04:53 am UTC| Technicals
FxWirePro Currency Strength Index for GBP/CHF: Bias Bearish FxWirePros Hourly GBP Spot Index was at 106.743 (Bullish) FxWirePros Hourly CHF Spot Index was at -102.062 (Bearish) Technical Analysis: Bias Bearish -...

Jul 26, 2018 04:15 am UTC| Technicals
US dollar came under renewed selling pressure after U.S. and EU agree to reduce trade tariffs denting risk assets. Trump and European Commission President Jean-Claude Juncker said they were working to eliminate...