
FxWirePro: CHF/JPY upside capped by 61.8% fibo, good to buy on dips
Jan 15, 2018 11:31 am UTC| Technicals
CHF/JPY has shown a jump of almost 150 pips from the low of 113.66 made previous week. The pair hits high of 115.10 and is currently trading around 115.06. The pair is trading slightly above 115 and is currently trading...

FxWirePro: EUR/USD trades above 1.2200 on German political stability, good to buy on dips
Jan 15, 2018 10:32 am UTC| Technicals
EUR/USD has shown a good upside previous week and jumped almost 300 pips from the low of 1.19162 on account of political stability in Germany. The pair jumped till 1.22164 at the time of writing and is currently trading...

FxWirePro: NZD/USD breaks above 200W SMA at 0.7279, next bull target lies at 78.6% Fib (0.7391)
Jan 15, 2018 10:30 am UTC| Technicals
NZD/USD bulls on the rampage, pair is extending gains for the 6th consecutive week. For the day, the major is up 0.56%, trading at 0.7293 at the time of writing. We see major breakouts at the following points:...

FxWirePro: USD/CAD trades weak, market eyes BOC monetary policy
Jan 15, 2018 09:50 am UTC| Technicals
CAD has recovered sharply after showing a minor jump till 1.2590 on Jan 11th 2018 from the low of 1.2355 made on Jan 5th 2018. USD/CAD declined despite strong inflation numbers. Market awaits BOC monetary policy meeting on...

Jan 15, 2018 09:40 am UTC| Technicals
Please note that in this write-up, we emphasize more on intermediate and major trend analysis. Chart and candlestick patterns occurred: the intermediate trend has been spiking through rising wedge pattern which is...

Jan 15, 2018 09:25 am UTC| Technicals Digital Currency
DASH/USD is consolidating break below trendline, struggles to extend weakness. The pair is trading in a narrow range today, remains capped below 5-DMA at 1034. Downside finds strong support at 50-DMA at 969, we...

FxWirePro: USD/CHF trades weak, good to sell on rallies
Jan 15, 2018 08:39 am UTC| Technicals
USD/CHF declined almost 180 pips in previous week from the high of 0.98455 made Jan 10th 2018. The major decline was mainly due to good selling in US dollar index. The pair dipped till 0.96527and is currently trading...