
FxWirePro: EUR/USD consolidates in narrow range, market eyes ECB meeting
Apr 26, 2018 11:35 am UTC| Technicals
EUR/USD pared some of its losses in European session after hitting low of 1.21560 slightly near to Jan 2018 low. Market eyes ECB monetary policy meeting which is to be released today for further direction. US 10 year bond...

FxWirePro: USD/CAD trades slightly lower on hawkish BOC governor Poloz comment, good to buy on dips
Apr 26, 2018 11:01 am UTC| Technicals
USD/CAD has halted its uptrend after a two weeks of bullishness. The pair has jumped more than 300 pips from temporary bottom of 1.25275 made on Apr 17th 2018. BOC governor Poloz said yesterday that economy is growing...

FxWirePro: NZD/JPY extends weakness, slips below daily cloud, good to short rallies
Apr 26, 2018 10:43 am UTC| Technicals
NZD/JPY on track to close in the red for the 2nd straight week. Price action is extending grind lower along daily cloud which caps upside. The pair has breached below 50-DMA support and has broken below minor...

FxWirePro: Copper finds strong support at 200-DMA (3.079), good to go short on break below
Apr 26, 2018 10:11 am UTC| Technicals
Copper extends choppy trade, holds above 3.0 mark, bias bearish. Price action remains capped by daily cloud which weighs heavily on the upside. Technical indicators on daily charts are turning slightly bearish....

FxWirePro: USD/CHF hits 4- month high, good to buy on dips
Apr 26, 2018 09:26 am UTC| Technicals
USD/CHF was trading higher and jumped more than 100 pips in this week. It hits high of 0.98485 highest since Jan 2018 and closed above major trend line resistance for past four trading days. The Swiss franc was trading...

FxWirePro: Cloud caps upside in AUD/NZD, good to go long on break above
Apr 26, 2018 08:02 am UTC| Technicals
AUD/NZD has closed above 54-EMA resistance at 1.0681 on Wednesdays trade, bias higher. Upside finds stiff resistance at daily cloud base at 1.0725, we see further upside only on break above. Price is...

FxWirePro: XAG/USD trades in narrow range, faces immediate resistance at $16.62 mark
Apr 26, 2018 07:59 am UTC| Technicals
XAG/USD is currently trading around $16.54 marks. It made intraday high at $16.60 and low at $16.49 levels. Intraday bias remains neutral till the time pair holds key support at $16.48 mark. A daily close...