
FxWirePro: EUR/USD trades weak, good to sell on rallies
Feb 19, 2018 12:50 pm UTC| Technicals
EUR/USD declined almost 150 pips after hitting fresh 3- year high on Friday on better than expected US housing and building permits. The pair hits low of 1.23880. It is currently trading around 1.24078. US housing...

FxWirePro: USD/CHF faces strong trend line resistance at 0.9310, good to buy on dips
Feb 19, 2018 12:24 pm UTC| Technicals
USD/CHF has shown a minor recovery of almost more than 100 pips from the low of 0.91876 made on Friday. The pair hits high of 0.9300 and is currently trading around 0.92770. Technically, in the hourly chart the pair...

FxWirePro: NZD/USD rejected at major resistance, break below 5-DMA (0.7365) to see further weakness
Feb 19, 2018 12:18 pm UTC| Technicals
NZD/USD rejected at major trendline resistance at 0.7435, slips below to currently trade below 0.74 handle. We see a spinning top formation at highs which raises scope for further downside. 5-DMA at 0.7365 is...

FxWirePro: NZD/USD rejected at major resistance, break below 5-DMA (0.7365) to see further weakness
Feb 19, 2018 12:18 pm UTC| Technicals
NZD/USD rejected at major trendline resistance at 0.7435, slips below to currently trade below 0.74 handle. We see a spinning top formation at highs which raises scope for further downside. 5-DMA at 0.7365 is...

FxWirePro: BTC/EUR bounces off strong trendline support, good to go long on dips
Feb 19, 2018 11:03 am UTC| Technicals Digital Currency
BTC/EUR has shown a bounce off strong trendline support and is trading 5.5% higher on the day. Price has broken above 1H Ichimoku cloud and we see scope for further upside. Technical studies on intraday charts...

FxWirePro: USD/CAD Intraday trade idea
Feb 19, 2018 10:17 am UTC| Technicals
USD/CAD has shown a minor jump almost 115 pips on Friday after better than expected US building permits and housing starts. The pair hits intraday high of 1.25574. It is currently trading around 1.2550. US housing...

Feb 19, 2018 10:08 am UTC| Technicals Insights & Views
Since the beginning of this February, weve noticed considerable bullish consolidation in USDCAD rallies. But back-to-back shooting stars formation counters these rallies (refer daily chart), as a result, the current price...