
Jan 29, 2018 10:25 am UTC| Technicals Research & Analysis Insights & Views
Before we proceed further, please go through below weblink where weve stated the potential bearish pressure as a result of head and shoulder candlestick charting pattern which is bearish in...

FxWirePro: NZD/CHF holds cloud support, good to go short on break below
Jan 29, 2018 09:17 am UTC| Technicals
NZD/CHF is consolidating break below major moving averages, bias bearish. Kiwi remains on the back foot after last weeks dismal New Zealand Q4 CPI reading. Last week the pair breached support at 100 and 200 day...

FxWirePro: EUR/USD forms shooting star, major weakness below 1.23600
Jan 29, 2018 09:05 am UTC| Technicals
Candle stick pattern- Shooting star. The pair has jumped sharply till 1.25375 after ECB press conference and started to decline sharply from that level. The pair formed a minor bottom around 1.2360 and is...

FxWirePro: Prefer to go short on XAG/USD around $17.35, stop loss at $17.48 and target of $17.12
Jan 29, 2018 08:47 am UTC| Technicals
XAG/USD is currently trading around $17.32 marks. It made intraday high at $17.46 and low at $17.31 levels. Intraday bias remains bearish till the time pair holds key resistance at $17.48 mark. A daily close...

FxWirePro: BTC/EUR breaks below 100-SMA, good to go short on break below 8950
Jan 29, 2018 08:35 am UTC| Technicals Digital Currency
BTC/EUR has broken strong support at 1H 100-SMA at 9100, intraday bias lower. Technical studies on hourly charts are bearish. The pair has taken support at 8950 (trendline). Price action rages below major EMAs on...

FxWirePro: GBP/JPY trades below 10- day MA, good to sell on rallies
Jan 29, 2018 07:49 am UTC| Technicals
Major support 153.05 (20- day MA). GBP/JPY has been declined sharply after jumping till 155.85 yesterday. The pair declined almost 140 pips and hits low of 153.41. It is currently trading around 153.88. Intraday...

FxWirePro: USD/ZAR moves in rigid boundaries, bias remains neutral
Jan 29, 2018 07:21 am UTC| Technicals
USD/ZAR is currently trading around 11.91 levels. It made intraday high at 11.91 and low at 11.81 levels. Intraday bias remains neutral for the movement. A daily close above 11.84 will take the parity...