
FxWirePro:US oil forms Adam and Adam double top pattern, break below $55 confirms major bearishness
Mar 06, 2019 13:19 pm UTC| Technicals
Chart pattern: Adam and Adam Double top pattern US oil has formed almost a double top around $57.80 and shown a good selling from that level. It hits low of $55.55 and shown a minor recovery from that level. It is...

FxWirePro:CADJPY trades lower for 4th consecutive day on weak Canadian dollar, markets eye BOC
Mar 06, 2019 11:51 am UTC| Technicals
CADJPY has lost more than 150 pips in past three trading session after forming a temporary top around 85.23. The decline in price was mainly due to heavy selling in Canadian dollar due to weak economic data and declining...

Mar 06, 2019 11:07 am UTC| Technicals
GBPJPY is trading weak for third consecutive day and lost nearly 200 pips from the high of 148.57 on account of Brexit uncertainty. GBP was trading lower against all major especially with USD and lost more than 250 pips...

FxWirePro: EUR/AUD breaks above daily cloud, hits 8-week highs at 1.6093, bias higher
Mar 06, 2019 10:49 am UTC| Technicals
EUR/AUD chart - Trading View EUR/AUD has shown a breakout at daily daily cloud, intraday bias bullish. AUD weakness across the board after poor GDP data and dovish comments from RBAs Lowe support gains. The...

Mar 06, 2019 10:46 am UTC| Research & Analysis Technicals
WTI crude oils bullishprice sentiments are somewhat exhausted after a strong rise through most of February.As a result, WTI CFDs has spiked about 6.02%. But for now, ahead of the US EIAs inventory reports, WTI crude...

FxWirePro: USDCHF jumps sharply on broad based US dollar buying, jump till 1.010 possible
Mar 06, 2019 10:11 am UTC| Technicals
Major Resistance - 1.010 USDCHF has broken major resistance 1.0020 after a long consolidation.The pair was consolidating in narrow range between 1.0020 and 0.9980 for past three trading day.Swiss franc gained...

FxWirePro: EURUSD trades above 1.1300 level, markets eye US ADP data
Mar 06, 2019 09:17 am UTC| Technicals
EURUSD pared minor gains made yesterday after release of better than expected US ISM non manufacturing data.US ISM non manufacturing data came at 59.7 in Feb compared to estimate of 57.3 The pair declined nearly 50 pips...