
FxWirePro: GBP/NZD pauses at major trendline support at 1.8925, good to go short on break below
Mar 12, 2018 10:27 am UTC| Technicals
GBP/NZD is trading in an extremely narrow range, below 20-DMA at 1.9050. Price action is below daily cloud and technical studies are bearish. Further, bearish RSI divergence adds to bearish bias. The pair is...

Mar 12, 2018 09:39 am UTC| Technicals
AUDUSD chart and candlestick pattern formed: Minor trend spikes through rising channel, shooting star candlestick has occurred exactly at channel resistance of 0.7866 levels on intraday chart (refer 4H chart), Thereby, the...

FxWirePro: GBP/JPY forms Bearish pattern, good to sell on rallies
Mar 12, 2018 09:34 am UTC| Technicals
Harmonic pattern Bearish AB=CD pattern. Potential Reversal Zone (PRZ) - 148.55. GBP/JPY has shown a good jump on Friday and hits high of 148.54 and declined more than 100 pips from the high. The pair is...

FxWirePro: AUD/CAD holds above 1.00 handle, on track to test 78.6% Fib
Mar 12, 2018 09:27 am UTC| Technicals
AUD/CAD retrace from multi-week highs at 1.0136 holds above 1.00 handle. The pair has resumed upside and is trading 0.27% higher on the day. Price action has retraced dip below 5-DMA and is currently holding...

FxWirePro: USD/CHF trades higher, good to buy on dips
Mar 12, 2018 08:32 am UTC| Technicals
USD/CHF is consolidating after hitting high of 0.95344 on Friday. The pair has shown a minor decline after US jobs data. The pair major bottom is around 0.9320 and any weakness can be seen only below this level. It is...

FxWirePro: GBP/AUD finds strong support at 50-DMA at 1.7576, break below to accentuate weakness
Mar 12, 2018 08:12 am UTC| Technicals
GBP/AUD is trading 0.17% lower on the day, at around 1.7615 levels at the time of writing. The pair is extending weakness after facing rejection at stiff resistance at 20-DMA at 1.7741. Pound is extending...

FxWirePro: XAG/USD hovers around $16.50 mark, stay bullish only above $16.58 mark
Mar 12, 2018 07:53 am UTC| Technicals
XAG/USD is currently trading around $16.54 marks. It made intraday high at $16.59 and low at $16.47 levels. Intraday bias remains neutral till the time pair holds key resistance at $16.57 mark. A daily close...