
Apr 11, 2018 10:49 am UTC| Technicals
FxWirePro Currency Strength Index for CAD/CHF: Bias Bullish FxWirePros Hourly CAD Spot Index was at 149.374 (Bullish) FxWirePros Hourly CHF Spot Index was at -21.9456 (Neutral) Technical Analysis: Bias...

FxWirePro: Copper breaks stiff resistance at 3.110, eyes 61.8% Fib at 3.173
Apr 11, 2018 10:00 am UTC| Technicals
Copper has broken above stiff resistance at 3.110 on Tuesdays trade, scope for further upside. The pair has broken out of consolidation around 200-DMA and bulls now target 61.8% Fib at 3.173. Downside was...

FxWirePro: EUR/USD trade flat, market eyes U.S CPI data
Apr 11, 2018 09:47 am UTC| Technicals
EUR/USD has pared some of its gain in European session after hitting high of 1.23873. US dollar is showing huge selling pressure despite easing US-China trade war worries. The pair upside was also supported by hawkish...

Apr 11, 2018 09:29 am UTC| Technicals
Shooting star patterns have occurred at 1.8268 and 1.7938 levels on daily plotting, consequently, the price dips are observed. Trend study in the minor trend: 7DMA has crossed below 21DMA which is the bearish crossover,...

Apr 11, 2018 08:33 am UTC| Technicals
AUD/JPY edges lower from 4-week highs at 83.37, trades 0.25% lower on the day. Price action has broken above 23.6% Fib at 82.52, bias is bullish. Momentum studies support upside and RSI shows strength above 50...

FxWirePro: Silver trades higher, stay bullish only above $16.62
Apr 11, 2018 08:07 am UTC| Technicals
XAG/USD is currently trading around $16.59 marks. It made intraday high at $16.61 and low at $16.51 levels. Intraday bias remains bullish till the time pair holds key support at $16.40 mark. A daily close...

FxWirePro: GBP/JPY trade higher on BOE McCaffrey hawkish statement, good to buy on dips
Apr 11, 2018 07:33 am UTC| Technicals
GBP/JPY is continuing its bullish trend for third consecutive day. The pair made fresh high for the week at 152.16 and showing a minor profit booking. The pair recovered sharply yesterday after hawkish comments by BOE MPC...