
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...

Feb 19, 2018 09:37 am UTC| Technicals
FxWirePro Hourly Currency Strength Index Bias Bearish FxWirePros Hourly EUR Spot Index was at -138.285 (Bearish) FxWirePros Hourly AUD Spot Index was at 123.808 (Bullish) Technical Studies: Bias Bearish -...

FxWirePro: GBP/JPY consolidates in narrow range, good to buy above 150
Feb 19, 2018 09:30 am UTC| Technicals
GBP/JPY was trading in narrow range between 150.18 and 148.77 around 140 pips. The pair recovered almost 200 pips from the minor bottom of 148.01. The pair forms a temporary top around 150.18. So further bullish...

FxWirePro: AUD/NZD fails to extend bullish gap open, trades range-bound below 61.8% Fib
Feb 19, 2018 07:13 am UTC| Technicals
AUD/NZD opened with a bullish gap, but the major has failed to build on to gains. Price is trading in an extremely narrow range, with a days high at 1.0718 and a low of 1.0702. Upside is capped at 61.8% Fib...

FxWirePro: Gold trades weak on dollar recovery, good to sell on rallies
Feb 19, 2018 07:05 am UTC| Technicals
Gold has declined almost more than $15 on Friday and strong dollar recovery. The yellow metal hits low of $1344 on Friday. US dollar has jumped almost 100 pips from the low of 88.25. It is current trading around...

Feb 19, 2018 06:47 am UTC| Technicals
Chart pattern: USDJPY price slumps constantly remained well below DMAs despite todays rallies. Hammer pattern has occurred at 106.272 levels that have shown mild upswings today. Can bearish rout shrug-off hammer...

FxWirePro: AUD/CAD extends break above 20-DMA, eyes major trendline resistance at 1.00
Feb 19, 2018 06:43 am UTC| Technicals
AUD/CAD is extending break above 20-DMA, we see scope for further upside. The pair is trading in a Rising Triangle pattern and finds stiff resistance at 1.00 (triangle top). Technical studies are bullish....