
FxWirePro: CHF/JPY trades below trend line support, dip till 115 likely
Feb 07, 2018 10:54 am UTC| Technicals
Major support - 116.10 (trend line joining 113.66 and 114.78). CHF/JPY is continuing its third day of weakness and has fallen almost 200 pips from the high of 118.55. The pair declined more than 100 pips for the...

FxWirePro: DASH/USD breaks above 5-DMA, could see minor upside till 600
Feb 07, 2018 10:43 am UTC| Technicals Digital Currency
DASH/USD bounces higher from 3-month lows at 376 levels, closes above 200-DMA. Intraday charts show some upside, price action has edges above major EMAs on hourly charts. Technical studies are highly bullish. We...

FxWirePro: EUR/AUD breaks above 50-DMA, on track to test channel top at 1.60
Feb 07, 2018 10:13 am UTC| Technicals
EUR/AUD has broken out of range trade between 50 and 100 DMA, bias higher. Germanys conservatives and SPD have agreed a coalition government deal (source Spiegel Online) which is likely to keep the pair...

FxWirePro: GBP/JPY trades below trend line support, dip till 150.25 likely
Feb 07, 2018 09:50 am UTC| Technicals
GBP/JPY shown a minor jump above 153 and started to decline sharply from that level. The Japanese yen was trading g strong against all majors for the past two days on global equity sell-off. USD/JPY has started to fall...

FxWirePro: AUD/NZD rejected at session highs at 1.0791, eyes 61.8% Fib
Feb 07, 2018 08:34 am UTC| Technicals
AUD/NZD upside rejected at session highs at 1.0791, extends break below 200-DMA. Kiwi shrugged-off a big beat on the NZ employment data, focus remains on the RBNZ interest rate decision due later today. Technical...

FxWirePro: BTC/EUR recovery lacks traction, 5-DMA at 6346 caps upside
Feb 07, 2018 07:56 am UTC| Technicals Digital Currency
BTC/EUR recovery lacks traction, the pair is down 2.48% on the day. Upside remains capped below downward slopping 5-DMA which is immediate resistance at 6345. Only decisive break above could see upside. Next...

FxWirePro: Buy EUR/USD above 1.2400
Feb 07, 2018 07:52 am UTC| Technicals
EURUSD jumped sharply from the low of 1.23105 level. The pair jumped almost 90 pips till 1.23980 on account of slight bounce in global equity market. It is currently trading around 1.23907. SP500 recovered almost 6.7%...
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