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FxWirePro: DAX30 takes support near trend line,good to buy on dips

Jan 24, 2019 12:32 pm UTC| Technicals

DAX30 has halted its 3-week of bullish trend and shown a minor dip. The index recovered more than 9.5% and hits high of 11260. the main reason for jump is slightly easing US-China trade war and jump in US markets.US...

FxWirePro: USD/CAD Trade Idea

Jan 24, 2019 12:06 pm UTC| Technicals

USD/CAD continues to trade higher for 3rdconsecutive day. The pair has broken 1.33188 after long consolidation shows that selling from 1.36648 got halted at 1.31800. Canadas economic data released this week was slightly...

FxWirePro: GBP/NZD capped at 200-DMA, upside only on break above

Jan 24, 2019 12:04 pm UTC| Technicals

GBP/NZD chart on Trading View used for analysis GBP/NZD is trading in a narrow range, with session highs at 1.93 and low at 1.9220. Technical studies are highly bullish, but upside is being capped at 200-DMA at...

FxWirePro: FTSE100 faces strong support at 6800,break below targets 6545

Jan 24, 2019 12:02 pm UTC| Technicals

Major Support- 6800 FTSE100 has lost more than 2.5% in this week. The index moves slightly inverse to GBP trend. GBP was trading higher against all majors especially with USD and has jumped nearly 250 pips nearly 2%...

FxWirePro: EUR/GBP hits new 10-week lows at 0.8688, bias bearish

Jan 24, 2019 11:22 am UTC| Technicals

EUR/GBP chart on Trading View used for analysis EUR/GBP is on track to close in the red for the 4th straight week, bias bearish. The pair is trading 0.11% lower on the day at 0.8696 at 1100 GMT. Price...

FxWirePro: EUR/USD trades slightly lower, markets eye ECB meeting

Jan 24, 2019 10:32 am UTC| Technicals

Major support-1.1300 EURUSD continues to trade lower and is consolidating after hitting low of 1.13450.Markets eye ECB monetary policy which is to be held today for further weakness. ECB is set to meet for the first...

FxWirePro: AUD/JPY holds support at 20-DMA, good to go short on break below

Jan 24, 2019 10:24 am UTC| Technicals

AUD/JPY chart on Trading View used for analysis AUD/JPY trades 0.45% lower on the day at 77.89 at 1000 GMT, bias bearish. The pair is holding support at 20-DMA at 77.72, break below to see further...

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Technology

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Samsung Electronics is attracting growing attention from major global technology companies as demand for advanced semiconductor manufacturing continues to exceed available capacity at Taiwan Semiconductor Manufacturing Co....
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