
FxWirePro: USDCAD trades lower on surging crude oil price, good to sell on rallies
Dec 27, 2019 12:02 pm UTC| Technicals
Major support- 1.3100 USDCAD is trading weaker for the past 4 weeks and lost more than 200 pips. The selling was mainly due to broad-based US dollar selling, surging crude oil price. It has formed a temporary top...

Dec 27, 2019 11:41 am UTC| Research & Analysis Insights & Views Technicals
Global crude oil prices have regained buying sentiments of-late, with Brent and WTI crude futures seem to have been staged for 2nd consecutive months gains after the recent lows of $56.17, with year lows of 52.19 the Brent...

FxWirePro: EURUSD downside capped by 200-4H MA, good to buy on dips
Dec 27, 2019 10:19 am UTC| Technicals
Ichimoku Analysis (4 Hour chart) Tenken-Sen- 1.1095 Kijun-Sen- 1.11039 EURUSD recovered sharply after forming bottom around 1.10663 on broad-based US dollar selling. The easing of US-China trade...

FxWirePro: USDCHF trades flat, break below 0.9770 confirms further bearishness
Dec 27, 2019 09:04 am UTC| Technicals
Ichimoku Analysis (4- Hour chart) Tenken-Sen- 0.98137 Kijun-Sen- 0.98015 USDCHF continues to trade lower after a minor jump till 0.98325 level. The intraday trend is still in a downtrend as long as...

Dec 27, 2019 08:44 am UTC| Technicals
USD/ZAR is currently trading around 14.09 levels. It made intraday high at 14.14 and low at 14.08 levels. Intraday bias remains bearish for the moment. A daily close above 14.50 will take the parity...

FxWirePro: EUR/USD Chartpack – Technicals, Trading & Hedging Setup
Dec 27, 2019 07:54 am UTC| Technicals
EURUSDshort-term technicals are turning neutral to bullish.The pairhas been attempting to bounce back from the recent past as the hammer patterns have taken-off rallies above 7 21-SMAs, as both leading lagging indicators...

FxWirePro: USDJPY Daily Outlook
Dec 27, 2019 07:24 am UTC| Technicals
Ichimoku Analysis (Daily Chart) Tenken-Sen- 109.31 Kijun-Sen- 109 USDJPY is consolidating in a narrow range and once declined slightly after hitting a high of 109.68. The pair has formed a temporary...