
FxWirePro: USD/CHF trades above trend line resistance 0.9340, market eyes US Fed minutes meeting
Feb 21, 2018 10:20 am UTC| Technicals
USD/CHF has shown a good recovery of almost 80 pips yesterday from the low of 0.92836. The pair has closed above trend lien resistance at 0.9340. It is currently trading around 0.93708. Market yes FOMC minutes meeting...

Feb 21, 2018 10:00 am UTC| Technicals Insights & Views
Chart and candlestick pattern formed - Bulls in the major trend so far roaring ever since it breached asymmetric triangle resistance with bullish EMA and MACD crossovers on monthly plotting. Upswings breaking-out...

FxWirePro: USD/CAD trades higher on weak Canada wholesale trade, good to buy on dips
Feb 21, 2018 09:40 am UTC| Technicals
USD/CAD is continuing its bullish trend for fourth consecutive day. The pair has broken major resistance 1.26493 and jumped till 1.26700 at the time of writing. It is currently trading around 1.26600. The good jump in...

Feb 21, 2018 09:38 am UTC| Technicals
EUR/NZD extends weakness below daily cloud, trades 0.11% lower on the day. The price action is holding support at 110-EMA at 1.6747, break below will see further weakness. Technical indicators are biased lower....

FxWirePro: NZD/CAD extends break above 200W SMA, on track to test 61.8% Fib at 0.9435
Feb 21, 2018 08:47 am UTC| Technicals
NZD/CAD extends upside for 4th successive week, trades 0.11% higher on the day. Price action has edged above 200W SMA at 0.9118, and is currently hovering below weekly cloud base at 0.9372. Technical studies are...

FxWirePro: Silver falls noticeably against U.S. dollar, stay bearish
Feb 21, 2018 08:14 am UTC| Technicals
XAG/USD is currently trading around $16.40 marks. It made intraday high at $16.46 and low at $16.38 levels. Intraday bias remains bearish till the time pair holds key resistance at $16.62 mark. A daily close...

FxWirePro: South African rand trades flat ahead of CPI, core CPI data
Feb 21, 2018 07:18 am UTC| Technicals
USD/ZAR is currently trading around 11.73 levels. It made intraday high at 11.78 and low at 11.71 levels. Intraday bias remains neutral till the time pair holds key support at 11.62 mark. A daily close...