FxWirePro:DXY downside capped by 21 day MA, any break below targets 95.60
Feb 22, 2019 10:43 am 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...
FxWirePro: EUR/CAD bounces off trendline support, break above 20-DMA to see further upside
Feb 22, 2019 10:23 am UTC| Technicals
EUR/CAD chart on Trading View used for analysis EUR/CAD is trading in a narrow range at 1.4988 at 1000 GMT. The pair finds stiff resistance at 20-DMA at 1.5014, break above to see further upside. German IFO...
FxWirePro: DAX30 trades flat, markets eye US-China trade talks
Feb 22, 2019 10:08 am UTC| Technicals
DAX30 has recovered after showing a minor decline till 11387 level. Markets are eagerly awaiting outcome of US-China trade talks.The deadline for US to impose higher tariffs on China is Mar 1st.German IFO business climate...
Feb 22, 2019 10:06 am UTC| Technicals
EURCADhas bottomed out at strong support at 1.4915 levels. Hammer pattern candle has occurred at 1.4949 levels, this bullish pattern candle takes-off rallies above DMAs with bullish MACD DMA crossovers. For now, the...
FxWirePro: GBP/NZD rejected at 200-DMA, Doji at highs raises scope for weakness
Feb 22, 2019 09:23 am UTC| Technicals
GBP/NZD chart on Trading View used for analysis GBP/NZD has been rejected at 200-DMA, the pair has edged lower from session highs at 1.9284. We see a Gravestone Doji formation at highs which raises scope for...
Feb 22, 2019 08:21 am UTC| Technicals Digital Currency Insights & Views
Bitcoin price extended its recent rallies after it broke-out decisively the resistance zone of $3,675 - $3,750 mark against the US Dollar.BTCUSDforms spinning top at $4,008.80 levels to hamper previous bullish momentum....
FxWirePro:EURUSD consolidates in narrow range, markets eye German IFO and Draghi speech
Feb 22, 2019 08:01 am UTC| Technicals
EURUSD is trading in narrow range for past two trading day. The pair jumped till 1.13665 yesterday after weaker than expected US durable goods and Philly fed manufacturing index. US durable goods rose 1.2% in Dec but US...