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FxWirePro: GBP/AUD finds strong support at 1H 110-EMA, minor weakness likely on break below

Feb 11, 2019 11:07 am UTC| Technicals

GBP/AUD chart on Trading View used for analysis GBP/AUD trades 0.21% lower at 1.8211 at 1055 GMT. The pair has paused 3 straight sessions of gains and is extending weakness after an inverted hammer formation at...

FxWirePro: USD/CHF breaks major resistance 1.0030 level, jump till 1.00680 likely

Feb 11, 2019 10:58 am UTC| Technicals

USDCHF has shown a major spike in Asia session and jumped till 1.010 and suddenly came down below parity level.The pair has broken major resistance 1.0030 after along consolidation. DXY has rebounded sharply and broken...

FxWirePro:GBPJPY trades lower as UK GDP came weaker than expected, good to buy above 142.60

Feb 11, 2019 10:41 am UTC| Technicals

GBPJPY is consolidating after forming a minor bottom at 141.12 level. The pair jumped till 142.55 at the time of writing and is currently trading around 142.50. JPY was trading weak against all majors especially with USD...

FxWirePro: NZD/USD fails to hold above 200-DMA, focus on RBNZ for further impetus

Feb 11, 2019 10:00 am UTC| Technicals

NZD/USD chart on Trading View used for analysis NZD/USD edges lower from session highs at 0.67733, intraday bias bearish. The pair is currently trading at 0.6748, up 0.11% at the time of writing. Price...

FxWirePro: GBP/NZD rejected shy of 200-DMA, scope for weakness below 5-DMA

Feb 11, 2019 09:27 am UTC| Technicals

GBP/NZD chart on Trading View used for analysis GBP/NZD extends weakness after Doji formation at highs, trades 0.32% lower on the day at 1.9125 at 0845 GMT. Upside in the pair was capped shy of 200-DMA, we see...

FxWirePro: USD/ZAR remains well supported above 13.50 mark, bias remains bullish

Feb 11, 2019 09:21 am UTC| Technicals

USD/ZAR is currently trading around 13.63 levels. It made intraday high at 13.64 and low at 13.57 levels. Intraday bias remains bullish till the time pair holds key support 13.50 mark. A daily close above...

FTSE100: Double top and 55 W EMA

Feb 11, 2019 09:19 am UTC| Technicals

Chart pattern - Double top FTSE100 has once again declined after a jump till 7188 level. The index has formed a minor bottom around 6532 and jumped nearly 10% on account of jump in global market and weak pound...

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