
FxWirePro: S&P500 downside capped by 20 day MA, good to sell on rallies
Mar 05, 2019 12:58 pm UTC| Technicals
Major support- 2765 (20-day MA) SP500 has formed a triple top around 2820 and declined more than 50 points yesterday on account of weak US construction spending. The downside is limited on report that US President...

Mar 05, 2019 12:48 pm UTC| Technicals
USD/CAD is trading higher for 5th consecutive day and jumped more than 200 pips after forming a minor bottom around 1.31181. The jump was due to weak Canadian economic data and sudden more than $3 decline in crude oil...

FxWirePro: USD/CAD hits 5-week high on broad based US dollar buying, jump till 1.3400 possible
Mar 05, 2019 12:00 pm UTC| Technicals
USD/CAD is trading higher for 5th consecutive day and jumped more than 200 pips after forming a minor bottom around 1.31181. The jump was due to weak Canadian economic data and sudden more than $3 decline in crude oil...

FxWirePro: AUD/CHF recovery capped at 5-DMA, bias bearish
Mar 05, 2019 11:10 am UTC| Technicals
AUD/CHF chart - Trading View AUD/CHF is trading largely unchanged at 0.7083 at 1045 GMT, bias bearish. Negative news out of China weighs on the antipodeans, keeping downside pressure. China services...

FxWirePro: USDCHF consolidates in narrow range, any break above 1.0020 targets 1.00680
Mar 05, 2019 10:10 am UTC| Technicals
Major Resistance - 1.0020. USDCHF is consolidating after a good recovery of more than 90 pips after a more than 110 pips decline from temporary top 1.010.The slight weakness in Swiss franc is due to easing US-China...

FxWirePro: Pound edges higher after upbeat UK Services PMI, GBP/CAD on track to test 200-W SMA
Mar 05, 2019 09:59 am UTC| Technicals
GBP/CAD chart - Trading View GBP/CAD has pared losses and has edged higher after upbeat UK services PMI data. UK Markits Services PMI increased to 51.3 in February from 50.1 in the previous month, beating...

Mar 05, 2019 09:36 am UTC| Technicals
Chart pattern- Inverse head and Shoulder pattern FTSE100 has once again recovered after declining slightly below 7100 level. The index hits low of 7097 yesterday and jumped till 7153.The index was trading weak and...