FxWirePro: USD/CHF breaks major support 0.94385, good to sell on rallies
Aug 29, 2017 10:42 am UTC| Technicals
USD/CHF broken low of 0.94385 low made on Jul 20th 2017 and declined till 0.94291 at the time of writing. The main reason for slight bullishness in Swiss franc is North Korea missile test on Japan has increased the demand...
FxWirePro: EUR/JPY rejected at lows, holds 20-DMA support, weakness only on break below
Aug 29, 2017 10:30 am UTC| Technicals
EUR/JPY was rejected at session lows at 129.65, edges higher to currently trade at 130.74 levels. The pair is testing strong trendline resistance at 130.90, break above to see further upside. Price action has...
Aug 29, 2017 10:29 am UTC| Technicals
On daily plotting, historically, the double top pattern has occurred in silver price chart with peak 1 at 18.485 (that is where Back to back shooting star candle patterns are traced out), peak 2 at 18.647 and neckline at...
FxWirePro: EUR/USD hits fresh 27- month high at 1.20700 level, good to buy on dips
Aug 29, 2017 09:59 am UTC| Technicals
EURUSD hits 1.2070 fresh 27 month high and is hovering around this level. The pair is trading higher after dovish statement by Janet Yellen in Jackson Hole symposium. The pair gained second session in a row jumped...
FxWirePro: GBPJPY upside capped by 23.6% fibo, good to sell on rallies
Aug 29, 2017 09:25 am UTC| Technicals
Major support -138.65 (Jun12th low). The pair has formed a temporary bottom at 139.31 and recovered slightly from that level.GBPJPY jumped till 141.41 and is currently trading around 140.60. Short term trend is...
FxWirePro: EUR/GBP continues bull run, hits 8-year high at 0.9306, bias higher
Aug 29, 2017 09:25 am UTC| Technicals
EUR/GBP continues bull-run, hits 8-year highs at 0.93064, bias still higher. The pair has broken major resistance at 0.9185 (channel top) in last weeks trade, scope for further upside. ECBs Draghi speaking at the...
FxWirePro: Gold hits new 2017 high on geopolitical tensions, good to buy on dips
Aug 29, 2017 09:19 am UTC| Technicals
Gold has broken major psychological level at $1300 and jumped sharply till $1320 on safe haven demand. The yellow metal hits fresh 2017 high on weak U.S dollar and geopolitical tensions. It is currently trading around...
Shiba Inu Whale Transactions Jump 115%, SHIB Price Nears Crucial $0.000016 Level