
FxWirePro: IOTA/USD sell opportunity
Jan 24, 2018 07:02 am UTC| Technicals Digital Currency
IOTA/USD capped below 5-DMA at 2.6479, we see minor upside only on break above. Technical studies on intraday charts are bearish raising scope for downside. Price action remains capped below major exponential...

Jan 24, 2018 06:45 am UTC| Technicals Insights & Views
Chart and candlestick formed: EURAUD forms whipsaws pattern on weekly and shooting stars on the 4H chart to signal weakness. Consequently, the current prices slide below SMAs. Thereby, the selling sentiments are...

FxWirePro: Gold trades higher on weak US dollar, good to buy on dips
Jan 24, 2018 06:36 am UTC| Technicals
Gold has shown a minor jump after hitting low of $1330. The yellow metal jumped almost $12 from the yesterday low. US dollar index has been trading weak and has broken major support of 90. It is currently trading around...

FxWirePro: NZD/CHF bounces of 20-DMA support, good to go long on dips
Jan 24, 2018 06:31 am UTC| Technicals
NZD/CHF is trading in a horizontal channel pattern on daily charts, bias is higher. The pair trades above major moving averages and daily Ichimoku cloud. Price action has broken above 200W SMA which raises scope...

FxWirePro: Indian rupee rises gradually against U.S. dollar, good to sell on rallies
Jan 24, 2018 06:15 am UTC| Technicals
USD/INR is currently trading around 63.60 marks. It made intraday high at 63.76 and low at 63.58 marks. Intraday bias remains bearish till the time pair holds key resistance at 63.87 mark. Key resistances...

FxWirePro: Nikkei trades lower on strong yen, good to buy on dips
Jan 24, 2018 05:55 am UTC| Technicals
Nikkei has shown a minor decline after hitting high of 24122 yesterday. The major reason for slight decline was due to slight bullishness in yen. US SP 500 and NASDAQ finish records as technology shares leading the way...

FxWirePro: USD/JPY finds major support at 109.87 (100W SMA), break below to accentuate weakness
Jan 24, 2018 05:22 am UTC| Technicals
USD/JPY hits 19-week low of 109.80 as USD sell-off continues across the board and treasury yields retreat from multi-year highs. Concerns that Sino-US trade row may escalate if communication between US and China...