
FxWirePro: Euro weakens across the board after dismal PMI data, stay short EUR/JPY, target 61.8% Fib
Oct 24, 2018 09:14 am UTC| Technicals Research & Analysis
EUR/JPY chart on Trading View used for analysis EUR/JPY extends weakness, trades 0.46% lower on the day at 128.40 at the time of writing. Euro dented across the board after eurozone PMIs missed...

FxWirePro: South African rand trades flat ahead of CPI, core CPI data
Oct 24, 2018 07:49 am UTC| Technicals
USD/ZAR is currently trading around 14.24 levels. It made intraday high at 14.27 and low at 14.22 levels. Intraday bias remains neutral till the time pair holds key support at 14.22 mark. A daily close...

FxWirePro: EUR/JPY short setup - Momentum oscillators substantiate streaks of bearish patterns
Oct 24, 2018 07:32 am UTC| Technicals
Please be noted thatEURJPYhas evidenced the sizeable price slumps upon below mentioned candlesticks and chart patterns. For now, the trend continues to be weaker. Technical chart and candlestick patterns formed The...

FxWirePro: GBP/CAD holds cloud support, good to go short on break below
Oct 24, 2018 07:14 am UTC| Technicals Research & Analysis
GBP/CAD chart on Trading View used for analysis GBP/CAD is trading in a narrow range, holds support at daily cloud. Risks skewed to the downside for the pound. Premature hopes on Brexit headlines once more gave...

FxWirePro: Sell EURUSD below 1.14300
Oct 24, 2018 06:54 am UTC| Technicals
EURUSD is trading weak below 1.1500 level after European Commission expelled Italian budget proposal. Italian 10 year bond yield jumped more than 10% and spread between German bund and Italy has increased to 320 basis...

FxWirePro: GBP/CHF grinds lower along 5-DMA, break below 55-EMA to accentuate weakness
Oct 24, 2018 06:49 am UTC| Technicals Research & Analysis
GBP/CHF chart on Trading View used for analysis GBP/CHF is extending gradual grind lower along 5-DMA which is sharply lower. The pair is trading in a narrow range on the day and we see scope for...

Oct 24, 2018 06:09 am UTC| Technicals
The major three factors that drive gold prices US dollar Index: Bullish.DXYhas closed above trend line resistance at 95.95 yesterday. The index hits high of 96.16 and is trading around 95.95. The near termintraday trend...