
Dec 22, 2017 10:31 am UTC| Technicals
Bearish engulfing, Long-legged doji hanging man patterns have occurred at 1.7085, 1.7180 and 1.7135 levels respectively. As a result, these bearish patterns have evidenced considerable price dips, subsequently,...

FxWirePro: GBP/JPY consolidates in narrow range, break above 152 confirms minor bullishness
Dec 22, 2017 10:25 am UTC| Technicals
Major resistance 152 (trend line joining 153.40 and 152). GBP/JPY is consolidating after hitting a high of 151.91 yesterday. The pair is trading between 152.01 and 151.27 for the past two trading session. It is...

FxWirePro: GBP/JPY consolidates in narrow range, break above 152 confirms minor bullishness
Dec 22, 2017 10:25 am UTC| Technicals
Major resistance 152 (trend line joining 153.40 and 152). GBP/JPY is consolidating after hitting a high of 151.91 yesterday. The pair is trading between 152.01 and 151.27 for the past two trading session. It is...

FxWirePro: EUR/USD trades lower on political uncertainty, good to sell on rallies
Dec 22, 2017 09:54 am UTC| Technicals
EUR/USD declined almost 90 pips from the high of 1.19018 on account of political uncertainty. The pair declined till 1.18170 after Catalonia pro-independence parties claim victory in regional elections. The unofficial...

FxWirePro: CAD/JPY trades higher on better than expected Canada inflation, good to buy on dips
Dec 22, 2017 08:49 am UTC| Technicals
Major resistance- 88.65 (Trend line joining 90.72 and 89.22). CAD/JPY has broken trend line resistance at 88.67 and jumped till 89.33. The main reason for jump in Canadian dollar against all majors was due to better...

FxWirePro: USD/CAD trades weak on positive Canadian retail sales, good to buy on dips
Dec 22, 2017 08:02 am UTC| Technicals
USD/CAD declined sharply once again after showing a minor jump above 1.2900 level. The pair lost almost 140 pips yesterday after better than expected Canada retail sales and CPI data. The pair hits low of 1.26995 yesterday...

FxWirePro: USD/CAD trades weak on positive Canadian retail sales, good to buy on dips
Dec 22, 2017 06:55 am UTC| Technicals
USD/CAD declined sharply once again after showing a minor jump above 1.2900 level. The pair lost almost 140 pips yesterday after better than expected Canada retail sales and CPI data. The pair hits low of 1.26995 yesterday...