FxWirePro: EUR/KRW hovers around 1,270 mark, sustained close below 1,265 requires for downside rally
Feb 25, 2019 01:41 am UTC| Technicals
EUR/KRW is currently trading around 1,270 mark. It made intraday high at 1,273 and low at 1,270 levels. Intraday bias remains neutral till the time pair holds key support at 1,265 mark. A sustained close...
FxWirePro: Gold forms shooting star pattern, good to sell on rallies
Feb 24, 2019 17:40 pm UTC| Technicals
Candlestick pattern- Shooting star Gold has declined more than $25 in previous week after hitting high of $1346.77. The yellow metal hits low of $1321.14 and shown a minor recovery. It is currently trading around...
FxWirePro: FTSE100 downside capped by 23.6% fib, good to sell on rallies
Feb 22, 2019 16:20 pm UTC| Technicals
FTSE100 has declined till 7139 yesterday and shown a good jump till 7215.The index has jumped for 3rdtime above 7200 level and declined from that level. The index has formed temporary top around 7261 on Feb 15thand showing...
Feb 22, 2019 15:21 pm UTC| Technicals
DXY is trading flat after hitting low of 96.29 on Feb 20th2019. The index jumped till 96.66 and is hovering around that level. The index has taken support after showing a minor decline below 50- day MA. It is currently...
Feb 22, 2019 15:20 pm UTC| Technicals
USD/CAD has lost nearly 50 pips from high of 1.32294 after slightly better than anticipated Canadian retail sales. Canadian retail sales m/m came at -0.1% compared to forecast -0.3% but better than previous month -0.9%....
FxWirePro: AUD/CHF recovery struggles at 55-EMA, bias bearish
Feb 22, 2019 13:28 pm UTC| Technicals
AUD/CHF chart on Trading View used for analysis AUD/CHF retraces part of previous sessions losses, but bias still bearish. Recovery in the pair is capped at 55-EMA, retrace above could see bounce till...
Feb 22, 2019 10:48 am UTC| Technicals
USDCHFbulls, on intermediary terms, seem to be struggling to get bullish momentum. The pair forms inverted head and shoulder pattern on weekly terms, with the head at 0.9187, shoulder 1 at 0.9420 and shoulder 2 at...