
FxWirePro: NZD/CAD breaks below 88.6% Fib, further downside on cards, stay short
Aug 09, 2018 06:20 am UTC| Technicals
Refer NZD/CAD chart on Trading View NZD/CAD has broken support at 88.6% Fib at 0.8741, opening up further downside for the pair. Kiwi slumps across the board after RBNZs unexpected dovish forward...

FxWirePro: Buy Gold above $1216
Aug 09, 2018 06:03 am UTC| Technicals
Gold is consolidating after a hitting 1 year low at $1204.69. The yellow metal hits low of $1204.69 on Jul 2017 and shown a good jump from that level. In the hourly chart, gold is facing resistance at $1216-16.50 (200-...

Aug 09, 2018 05:41 am UTC| Technicals Insights & Views
Chart and candlestick patterns occurred: The intermediate trend ofGBPJPY, so far, was spiking through rising channel (refer weekly chart), but for now, bears have managed to breach below this channel support. In addition,...

FxWirePro: ETH/EUR tests 300 mark, recovery attempts lack traction
Aug 09, 2018 05:09 am UTC| Digital Currency Technicals
ETH/EUR is nursing declines after the pair tests 300 mark on Wednesdays trade. The pair is extending weakness after break below 88.6% Fib, hits new 4-month lows at 300.68, bias bearish. SECs decision to postpone...

FxWirePro: USD/TWD trades in narrow range, bias remains neutral
Aug 09, 2018 04:54 am UTC| Technicals
USD/TWD is currently trading around 30.60 marks. It made intraday high at 30.63 and low at 30.59 marks. Intraday bias remains neutral for the moment. A daily close above 30.70 will drag the parity up towards...

Aug 09, 2018 04:35 am UTC| Technicals
Refer GBP/CHF chart on Trading View GBP/CHF hits new 10-month lows at 1.2768, before paring some losses to currently trade at 1.2786. Pounds decline accelerated on news that the UK Cabinet is preparing...

FxWirePro: Nikkei trades lower led by automakers on improper inspection, good to buy on dips
Aug 09, 2018 03:57 am UTC| Technicals
Asian marketsare trading mixed with Nikkei slightly weak on strong yen and improper inspection by automakers. Japanese automaker Mazda corp and Yamaha lost 1.3% and 6.1% respectively after it has submitted reports to...