FxWirePro: Buy EURUSD above 1.13100
Feb 16, 2019 18:15 pm UTC| Technicals
Major resistance- 1.3100 (high made on Feb 14th2019) Major support -1.12340 (low made on Feb 15th2019) EURUSD has shown a good recovery of more than 70 pips after forming a minor bottom around 1.12340. The...
Feb 15, 2019 13:14 pm UTC| Technicals
USDCAD has jumped sharply more than 100 pips after Canadian manufacturing sales data. Canadian manufacturing sales came at -1.3% in Dec compared to forecast of 0.3%.Statistics of Canada says that sales were down in 12 of...
FxWirePro: EUR/USD bears in full control despite weak US economic data dip till 1.12150 is possible
Feb 15, 2019 13:00 pm UTC| Technicals
EUR/USD is trading below 1.1300 after a minor jump till 1.13098 level yesterday. The pair was trading weak despite weak US retail sales data.US retail sales has declined 1.2% in Dec biggest drop since Sep 2009. Bears are...
Feb 15, 2019 12:51 pm UTC| Technicals
As stated in our previous post, EURGBP bears have shown their bearish effects after RSIs bearish divergence. Technical chart and candlestick patterns:On daily terms, back-to-back shooting star patterns have been...
Feb 15, 2019 12:30 pm UTC| Technicals
SP500 has halted its 4 days of winning streak and declined nearly 30 points from high of 2763 on US-China trade pessimism and weak US retail sales data.US retail sales has declined 1.2% in Dec biggest drop since Sep...
FxWirePro: FTSE100 holds above 7200 level, jump till 7314 likely
Feb 15, 2019 10:30 am UTC| Technicals
FTSE100 has shown minor decline after hitting high of 7232 and is holding above 7200 level. The index is trading higher following footsteps of US futures market. SP500 futures has shown a recovery of 0.40% from low of...
FxWirePro: Silver trades in narrow range, stay bullish only above $15.62 mark
Feb 15, 2019 08:15 am UTC| Technicals
XAG/USD is currently trading around $15.60 marks. It made intraday high at $15.61 and low at $15.54 levels. Intraday bias remains slightly bullish till the time pair holds key support at $15.47 mark. A daily...