
FxWirePro: USD/CHF trades idea
Apr 30, 2018 13:02 pm UTC| Technicals
USD/CHF was trading higher and jumped more than 150 pips in previous week. It hits high of 0.99154 highest since Dec 25th 2017 and closed slightly near to major trend line resistance. The Swiss franc was trading weak...

FxWirePro: EUR/USD recovers from 3- month low, good to sell on rallies
Apr 30, 2018 12:59 pm UTC| Technicals
EUR/USD has shown a more than 85 pips jump from low of 1.20555. The pairs recovery was due to profit booking and is currently trading around 1.21110. US GDP data came on Friday was slightly better than expected.The core...

Apr 30, 2018 11:35 am UTC| Technicals Research & Analysis Insights & Views
EURCHFs major trend has retraced from the lows of 0.9651 levels to the current 1.1970 levels. But the uptrend that was stuck in the range from last three-four months, bulls in this month have managed to break out the...

FxWirePro: AUD/NZD holds support at 55-EMA at 1.0683, weakness only on break below
Apr 30, 2018 09:27 am UTC| Technicals
AUD/NZD finds stiff resistance at daily cloud base at 1.0720, break above will see further upside. The pair is holding support at 55-EMA at 1.0683, price action remains rangebound. The pair is extending sideways...

FxWirePro: USD/CHF trades well above major trend line resistance, good to buy on dips
Apr 30, 2018 09:21 am UTC| Technicals
USD/CHF was trading higher and jumped more than 150 pips in previous week. It hits high of 0.99154 highest since Dec 25th 2017 and closed slightly near to major trend line resistance. The Swiss franc was trading weak...

FxWirePro: GBP/JPY trades well below 20-day MA, good to sell on rallies
Apr 30, 2018 08:46 am UTC| Technicals
GBP/JPY has shown a major selling on yesterday almost 200 pips on account of weak GBP. GBP was trading weak against all majors after weaker than expected UK GDP data. Pound sterling was continuing its weakness for third...

FxWirePro: Cloud caps upside in NZD/JPY, break below 50-DMA raises scope for further weakness
Apr 30, 2018 08:39 am UTC| Technicals
NZD/JPY extends weakness for 3rd straight week, trades 0.04% lower on the day. Daily cloud weighs heavily on the upside, price has broken below 50-DMA. Technical studies support further weakness in the pair. RSI...