
FxWirePro: CAD/JPY Buy on dips
May 11, 2018 08:36 am UTC| Technicals
CAD/JPY has halted its bullishness after hitting high of 86.06 yesterday. The pair jumped almost more than 200 pips from this week low of 83.89. The yen was trading slightly higher against all majors on account geo...

FxWirePro: AUD/NZD finds major resistance at 1.0830, good to go long on break above
May 11, 2018 08:19 am UTC| Technicals
AUD/NZD consolidates previous sessions spike, hits fresh 3-month highs at 1.0829. The pair finds major trendline resistance at 1.0830, break above to see further upside. Aussie subdued slightly after decline in...

May 11, 2018 07:33 am UTC| Technicals Insights & Views
AUDUSD shooting star and gravestone doji appear at wedge resistance that evidence considerable price slumps (on daily plotting), as a result, it has broken below wedge baseline that acted as strong support so far. On...

FxWirePro: GBP/CAD extends weakness below 38.2% Fib, eyes 200-DMA at 1.7124, stay short
May 11, 2018 07:13 am UTC| Technicals
GBP/CAD is extending weakness after break below 38.2% Fib, bias lower. The pair trades with a bearish bias. We see scope for test of 200-DMA at 1.7124. Momentum studies bearish, Stochs deep in oversold zone. We...

FxWirePro: Gold recovers slightly after weak US CPI, good to sell on rallies
May 11, 2018 06:59 am UTC| Technicals
Gold prices shown a minor jump of almost $12 from a yesterdays low of $1310. The yellow metal remains under pressure from a strengthening U.S dollar and higher US 10 year bond yields But U.S dollar pared its gains...

May 11, 2018 06:54 am UTC| Technicals
FxWirePro Currency Strength Index for NZD/CAD: Bias Bearish FxWirePros Hourly USD Spot Index was at -40.1145 (Neutral) FxWirePros Hourly USD Spot Index was at 100.215 (Bullish) Technical Analysis: Bias Bearish -...

FxWirePro: Nikkei trades higher as dollar eases after US inflation, good to buy on dips
May 11, 2018 05:55 am UTC| Technicals
Asian markets are trading positive after 1% jump in U.S markets yesterday. Tech and health care stocks drive more gains for US market. Asian markets following footsteps of US markets as slightly weaker than expected US...