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FxWirePro: USD/CHF Trade Idea

Jan 23, 2018 12:17 pm UTC| Technicals

Major resistance 0.9640. USD/CHF is consolidating near channel resistance after hitting low of 0.9535. The pair hits intraday high of 0.96336 and shown a minor dip from that level. It is currently trading around...

FxWirePro: USD/CHF Trade Idea

Jan 23, 2018 12:17 pm UTC| Technicals

Major resistance 0.9640. USD/CHF is consolidating near channel resistance after hitting low of 0.9535. The pair hits intraday high of 0.96336 and shown a minor dip from that level. It is currently trading around...

FxWirePro: CAD/JPY trend line break out

Jan 23, 2018 12:12 pm UTC| Technicals

Major support 88.68 (trend line joining 88.26 and 88.50). CAD/JPY was consolidating in narrow range between 89.63 and 88.50 for the past one week. The pair has broken major trend line support at 88.68 and declined...

FxWirePro: EUR/GBP rejected at 200-DMA, good to short breach at 'triangle base' (0.8760)

Jan 23, 2018 11:35 am UTC| Technicals

EUR/GBP is extending downside after rejection at 200-DMA, bias bearish. The pair is extending minor upside, is trading 0.19% higher on the day. The major is extending trade in Symmetric Triangle pattern and finds...

FxWirePro: USD/CHF trades slightly above trend line resistance, good to buy on dips

Jan 23, 2018 10:35 am UTC| Technicals

Major resistance 0.9640 USD/CHF is consolidating near channel resistance after hitting low of 0.9535. The pair hits intraday high of 0.96336 and shown a minor dip from that level. It is currently trading around...

FxWirePro: DASH/USD finds strong support at 100-DMA (697), good to go short on break below

Jan 23, 2018 09:34 am UTC| Technicals Digital Currency

DASH/USD is extending downside for 3rd successive session, down 2.68% on the day. The pair remains capped below 5-DMA at 815, intraday bias bearish. 100-DMA at 698 is strong support on the downside, break below...

FxWirePro: Never get bear-trapped by deceptive EUR/USD’s shooting star, trend likely to wedge in range only – Use DNTs to trade

Jan 23, 2018 09:06 am UTC| Technicals

The minor trend of EURUSD oscillates between range (refer 4H chart in the rectangular area), the current prices have slid below 7SMAs, price dips to drag further upon intensified bearish momentum MACD crossover. On a...

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