
FxWirePro: NZD/USD breaks major trendline resistance at 0.6810, good to go long on dips
Jul 26, 2018 09:48 am UTC| Technicals
NZD/USD has shown a breakout at major trendline resistance at 0.6810, bias higher. The pair has hit 2-week highs at 0.6850 before paring some gains to currently trade at 0.6821. Upside finds immediate resistance...

FxWirePro: Go long on XAG/USD around $15.52 with stop loss at $15.40 and target of $15.85
Jul 26, 2018 09:17 am UTC| Technicals
XAG/USD is currently trading around $15.52 marks. It made intraday high at $15.64 and low at $15.48 levels. Intraday bias remains slightly bullish till the time pair holds key support at $15.48 marks. A...

FxWirePro: CAD/CHF finds stiff resistance at 200-DMA (0.7615), good to go long on break above
Jul 26, 2018 07:24 am UTC| Technicals
CAD/CHF is likely on verge of a bullish breakout. Technical indicators for the pair are turning bullish. Price action has edged above major EMAs after bullish divergence on Stochs. Stochs have rolled over...
FxwirePro: BTC/USD faces trend line resistance at 8450, break above likely to test 200-DMA
Jul 26, 2018 07:21 am UTC| Digital Currency Technicals
BTC/USD is trading in a close range on Thursday after it closed in the red at 8049 levels on July 25. It is currently trading at 8286 levels at the time of writing (Bitstamp). On the upside, the pair faces immediate...

FxWirePro: Sell CHF/JPY on rallies
Jul 26, 2018 07:13 am UTC| Technicals
Major Intraday Trend line resistance - 112 Major trend line support - 111.50 Pattern formed- Lower High and higher low (first high 112.16 and after wards it hits low of 111.61 ( low made yesterday) and shown a minor...

FxWirePro: AUD/JPY struggles to hold break above 20-DMA, bias lower, stay short
Jul 26, 2018 07:01 am UTC| Technicals
AUD/JPY is extending choppy trade around 55-EMA, overall bias remains bearish. The pair is struggling to hold gains above 20-DMA and we see upside only on decisive break above. Technical indicators on daily...

Jul 26, 2018 06:26 am UTC| Technicals
EURUSD bulls bank on the inverted head and shoulder pattern, with shoulder 1 at 1.1613, shoulder 2 at 1.1654, inverted head at 1.1575 and neckline at 1.1745 levels (refer 4H chart). For now, more rallies seem to be on...