
Jan 23, 2018 07:07 am UTC| Technicals
GBP/CAD is trading in an extremely narrow range, struggles to find catalyst for its next move. Upside in the pair remains capped at major trendline resistance at 1.7435. We see resumption of upside on break...

FxWirePro: GBP/JPY break major trend line resistance at 154.90, jump till 156 likely
Jan 23, 2018 07:02 am UTC| Technicals
Trend line breakout: 154.95 (trend line joining 151.93 and 153.41). GBP/JPY continuing its bullish trend for past three days after forming a minor bottom at 153.11.The pair is trading higher and broken 155...

FxWirePro: NZD/CHF capped at 61.8% Fib, breakout to see further upside
Jan 23, 2018 06:43 am UTC| Technicals
NZD/CHF spikes past 5-DMA to hit fresh highs for the week at 0.7066. Upside was capped at 61.8% Fib retrace of 0.72909 to 0.67066 fall at 0.7067. The pair has bounced off 20-DMA with a hammer formation which...

Jan 23, 2018 06:33 am UTC| Technicals
EURJPY trend has been oscillating between the tight range of upside bracket at 136.168 and downside bracket at 135.171 levels (refer 4H chart). At every range resistance, shooting star pattern candles have occurred....

Jan 23, 2018 06:31 am UTC| Technicals
USD/INR is currently trading around 63.74 marks. It made intraday high at 63.87 and low at 63.72 marks. Intraday bias remains bearish till the time pair holds key resistance at 63.96 mark. Key resistances...

FxWirePro: NZD/CAD tests 200-DMA resistance at 0.9138, good to go long on decisive break above
Jan 23, 2018 06:15 am UTC| Technicals
NZD/CAD is testing 200-DMA resistance at 0.9138, bias higher. The pair has hit highs of 0.9147 before paring gains to currently hover at 0.9130 levels. We see major upside only on breakout at 200-DMA. Scope then...

FxWirePro: Gold trades higher on weak US dollar, good to buy on dips
Jan 23, 2018 06:15 am UTC| Technicals
Gold is consolidating in narrow range after hitting high of $1344. The yellow metal is trading in narrow range between $1344 and $1324. US dollar index has been trading flat as US shutdown ends as congress strikes deal....