
FxWirePro: GBP/CHF hovers around 20-DMA, good to go short on decisive break below
Nov 12, 2018 11:05 am UTC| Technicals Research & Analysis
GBP/CHF chart on Trading View used for analysis GBP/CHF is extending bearish gap open, trades 0.57% lower on the day at 1.2966 at the time of writing. The British pound under pressure on Brexit uncertainty. EU...

Nov 12, 2018 10:26 am UTC| Technicals
USDCHF has shown a huge recovery of more than 50 pips for the day from low of 1.00480. The main reason for the jump is broad-based dollar buying after hawkish Fed monetary policy and slightly easing geo political issues....

FxWirePro: EUR/USD hits 17 month low on broad based US dollar buying, good to sell on rallies
Nov 12, 2018 09:33 am UTC| Technicals
EURUSD has broken major support of 1.1300 after a long consolidation. The pair hits intraday low of 1.12400 for the day. The major reason for the slump in Euro was policy divergence between US Fed and ECB , Italian budget...

FxWirePro: EUR/JPY breaks below 20-DMA, on track to test 61.8% Fib at 127.87, stay short
Nov 12, 2018 08:43 am UTC| Technicals Research & Analysis
EUR/JPY chart on Trading View used for analysis The selling pressure around the single currency picking up pace, EUR/JPY down 0.48% on the day. The pair is extending the negative stance at the beginning of the...

FxWirePro: GBP/USD trading extremely weak on Brexit uncertainty, good to sell on rallies
Nov 12, 2018 08:40 am UTC| Technicals
GBP/USD has shown a gap down opening on account of Brexit uncertainty. The pair has opened 60 pips down on news that 4 pro EU UK ministers on verge of quitting and also EU has rejected Mays plan for an independent...

FxWirePro: GBP/JPY declines sharply on weak GBP, good to sell on rallies
Nov 12, 2018 07:31 am UTC| Technicals
Candlestick Pattern- Doji Major support- 148.60 As per our analysis GBPJPY declined sharply more than 250pips after hitting high of 149.48. This is the fourth time crossing above 149...

Nov 12, 2018 07:18 am UTC| Technicals Insights & Views
AUDUSDprice trend, on daily terms, has been sliding through sloping channel.Althoughbulls of this pair have attempted to bounce back in the recent past, the failure swings were observed at around channel resistance....