
Mar 19, 2019 12:16 pm UTC| Technicals
Technical Glance:EURCHFbears create falling wedge patterns on both daily plottings, where shooting star and hanging man pop-up at wedge resistance (refer circular areas in daily chart). For now, mild rallies take supports...

FxWirePro: EURUSD hits fresh 2-week high,any channel break out confirms further bullishness
Mar 19, 2019 12:01 pm UTC| Technicals
EURUSD continues to trade higher for past 1-week and hits new 2 week high at 1.13616 after declining to 6-month low on Mar 7th2019. The jump was due to positive Brexit news and broad based US dollar selling.German ZEW...

FxWirePro: Copper holds 21-EMA support, eyes 61.8% Fib at 3.019
Mar 19, 2019 11:01 am UTC| Technicals
Copper chart - Trading View COMEX copper is up more than a percent for the day. It is currently trading at $2.940 per pound. Price action has failed to extend weakness below 21-EMA which has offered strong...

FxWirePro: FTSE100 extends gain on positive UK jobs data, Brexit uncertainty weighs
Mar 19, 2019 10:36 am UTC| Technicals
FTSE100 is trading higher and jumped well above 7300 on strong UK jobs data. .UK jobless change for Feb came at 27k compared to forecast of 13.1K but unemployment rate came at 3.9% vs estimate of 4%. UK average earnings...

GBPUSD recovers on better than expected UK wage growth, markets eye Brexit Parliamentary vote
Mar 19, 2019 10:35 am UTC| Technicals
GBPUSD has halted its downtrend after declining more than 200 pips till 1.31845 yesterday. The pair shown a minor recovery of 15 pips after release of better than expected UK jobs data.UK jobless change for Feb came at 27k...

FxWirePro: U.S. oil buoyed by OPEC supply cuts, hits new 18-week highs at 59.33, bias bullish
Mar 19, 2019 09:23 am UTC| Technicals
U.S. oil chart - Trading View U.S. oil is trading 0.52% higher on the day, at 59.25 at 0855 GMT. Price nears 2019 highs as OPECs extension of supply cuts keeps markets buoyed. OPEC on Monday canceled its...

FxWirePro: USDCHF hits 2-week low, dip till 0.9958 likely
Mar 19, 2019 08:41 am UTC| Technicals
USDCHF continues to trade lower for past one week and hits 2-week low around 0.99972.The pair has formed temporary top around 1.01242 on Mar 7th2019. The decline was mainly due to broad based selling in US dollar. US...