
FxWirePro: Buy CAD/JPY above 85:
Jul 11, 2018 11:38 am UTC| Technicals
CAD/JPY was trading higher continuously for past 10 trading days. The pair jumped nearly 250 pips from the low of 82.21. The pair has shown a minor decline after hitting high of 84.92 as markets eye Bank of Canada monetary...

FxWirePro: ETH/EUR dips below 78.6% Fib, eyes trendline support at 355
Jul 11, 2018 10:54 am UTC| Digital Currency Technicals
ETH/EUR upside rejected at 21-EMA, the pair fails to hold break above. Price action has dipped below 78.6% Fib to hit 2-week lows at 361. The pair is trading in a symmetric triangle pattern and upside has been...

FxWirePro: GBP/USD trades weak on political turmoil, good to sell on rallies
Jul 11, 2018 10:36 am UTC| Technicals
GBP/USD has halted its bullishness after hitting 2 week high at 1.33625. The pair declined sharply after showing a minor jump above 50- day MA. The renewed political uncertainty is weighing on Pound. UK Foreign Secretary...

FxWirePro: GBP/USD trades weak on political turmoil, good to sell on rallies
Jul 11, 2018 10:36 am UTC| Technicals
GBP/USD has halted its bullishness after hitting 2 week high at 1.33625. The pair declined sharply after showing a minor jump above 50- day MA. The renewed political uncertainty is weighing on Pound. UK Foreign Secretary...

FxWirePro: EUR/USD pares gain on US China trade escalation, good to sell on rallies
Jul 11, 2018 09:45 am UTC| Technicals
EUR/USD has pared some of the gainsmade yesterday after US imposed 10% tariff on another $200 bn in Chinese imports. The pair has lost more than 50 pips from the high of 1.17497 made after hitting low of 1.16905. The...

FxWirePro: AUD/CHF upside capped at daily cloud, slumps with 'Shooting Star' formation, bias lower
Jul 11, 2018 09:19 am UTC| Technicals
AUD/CHF extends weakness after upside was rejected at daily cloud. The pair is trading 0.67% lower on the day at 0.7347 at the time of writing. We evidence a Shooting Star pattern formed on the daily charts which...

Jul 11, 2018 09:13 am UTC| Research & Analysis Technicals Fintech Insights & Views
The minor trend of LTCUSD (at BITFINEX) slides through sloping channel, while back-to-back shooting stars and hanging man pattern candlesticks have popped up at channel resistance to nudge price below DMAs, To substantiate...