
FxWirePro: EUR/GBP technical, OTC indications in sync with fundamental driving forces
Dec 27, 2017 13:19 pm UTC| Research & Analysis Central Banks Technicals
The sterling has continued its consolidation phase, so is the case with EURGBP but in a narrow range so far (0.9032 0.8689 range from last 3 months or so). In this the holiday period, we sit in the middle of this range...

FxWirePro: US Dollar Index Short –term Outlook
Dec 27, 2017 12:57 pm UTC| Technicals
Major resistance 93.85 (trend line joining 95.15 and 94.20). US Dollar index has trend line support at 93.05 after a week of consolidation. The index was trading in narrow range between 93.16 and 93.56 for the past...

Dec 27, 2017 12:40 pm UTC| Research & Analysis Technicals
The EURCHFs projection is for a return to 1.20 by 2Q18 and the current price behavior is well on track of this target. Bulls spike above DMAs in rising channel, sensing more buying sentiments upon bullish DMAs crossover...

Dec 27, 2017 12:34 pm UTC| Technicals
Major resistance 0.7785 (trend line joining 0.7873 and 0.78215). CAD/CHF forms a double bottom around 0.7635 and jumped sharply from that level. The pair jumped almost 180 pips from the low. It is currently trading...

FxWirePro: EUR/USD trades flat, break above 1.1920 confirms further bullishness
Dec 27, 2017 10:21 am UTC| Technicals
EUR/USD has recovered almost 80 pips after hitting low of 1.18170. Markets are expected to trade flat with positive bias with no major economic data releases in this week. US pending home sales and Conference board...

FxWirePro: EUR/USD trades flat, break above 1.1920 confirms further bullishness
Dec 27, 2017 10:21 am UTC| Technicals
EUR/USD has recovered almost 80 pips after hitting low of 1.18170. Markets are expected to trade flat with positive bias with no major economic data releases in this week. US pending home sales and Conference board...

FxWirePro: EUR/GBP struggles at major trendline resistance at 0.8880, slips below 5-DMA
Dec 27, 2017 10:00 am UTC| Technicals
EUR/GBP extends range trade for 2nd consecutive session, slips below 5-DMA, bias lower. The pair is trading in a Symmetric Triangle pattern and is struggling at major trendline resistance at 0.8880. We see scope...