
FxWirePro: DASH/BTC sell opportunity
Dec 26, 2017 11:41 am UTC| Technicals Digital Currency
DASH/BTC below 2H 100 SMA at 0.0779, intraday bias lower. 5-DMA is sharply lower, RSI and Stochs have rolled over from overbought levels. 2H charts shows downside supported by ADX which is above 25 and rising...

FxWirePro: USD/CHF breaks trend line resistance, jump till 0.9978 likely
Dec 26, 2017 11:25 am UTC| Technicals
USD/CHF recovered almost 70 pips from the low of 0.98284. The pair is consolidating below 78.6% retracement at 0.99786. The pair was trading flat after mixed economic data from US. Headline US durable goods order rose 1.3%...

Dec 26, 2017 10:52 am UTC| Technicals
USDCHF forms back-to-back shooting star patterns on intraday plotting to hamper the bullish momentum, while non-directional phase in major trend remains intact but inching higher through rising wedge baseline. Spot out...

FxWirePro: DASH/USD pauses downside, good to go long on break above 5-DMA
Dec 26, 2017 10:32 am UTC| Technicals Digital Currency
DASH/USD pauses 5 consecutive sessions of downside. The pair trades 4.83% higher on the day at around 1175.133 at the time of writing. Downside has held minor trendline support at 1120 levels. We see minor...

FxWirePro: Buy EUR/USD on dips
Dec 26, 2017 09:43 am UTC| Technicals
EUR/USD has recovered almost 70 pips after hitting low of 1.18170. US dollar showed only little reaction for the mixed set of economic data released on Friday. Headline US durable goods order rose 1.3% in Nov below...

FxWirePro: NZD/USD extends grind higher along 5-DMA, eyes 100-DMA at 0.7075
Dec 26, 2017 08:46 am UTC| Technicals
NZD/USD trades in narrow range after bullish gap up open, intraday bias higher. The pair is extending grind higher along 5-DMA support at 0.7010, we see weakness only on break below. Technical studies on weekly...

FxWirePro: USD/CAD trades weak on strong crude oil price, good to sell on rallies
Dec 26, 2017 08:32 am UTC| Technicals
almost 200 pips in previous week on better than expected Canadian economic data. The pair hits low of 1.26995 on Friday and is currently trading around 1.27122. Canadian retail sales rose and CPI rose better than...