
Jul 25, 2018 11:42 am UTC| Technicals Insights & Views
The cable extended a comprehensive recovery, although appears to be minor that we have seen over the last couple of days, the bullish engulfing pattern candles pop up on this pair at trend-line support (refer 2H chart),...

Jul 25, 2018 11:41 am UTC| Technicals
GBP/JPY has halted its 6 days of weakness and has jumped almost 90 pips from the low of 145.46. The pair has lost more than 350 points in previous week. GBP is trading higher for the third consecutive day and jumped till...

FxWirePro: NZD/CAD struggles at 21-EMA, upside only on break above
Jul 25, 2018 11:38 am UTC| Technicals
NZD/CAD is extending trade in a Symmetric Triangle pattern. Price action has been struggling to break 21-EMA resistance which is capping upside from several session. On the data front, a negative surprise in NZ...

FxWirePro: USD/CHF trades lower on trade war escalation, good to buy on dips
Jul 25, 2018 11:09 am UTC| Technicals
USD/CHF is trading lower after a minor jump till 0.99577 yesterday. USD was trading slightly higher yesterday on hopes of better than expected US Q2 GDP which is to be released on Friday.The pair has declined more than 140...

FxWirePro: US Oil rangebound below 55-EMA, turns cautious ahead of EIA inventories data
Jul 25, 2018 10:22 am UTC| Technicals
WTI was buoyed overnight as API data showed that US crude inventories decline again. According to the American Petroleum Institute (API), crude inventories in the US fell 3.2 million barrels last week. The drop...

FxWirePro: GBP/JPY Daily Outlook
Jul 25, 2018 09:26 am UTC| Technicals
GBP/JPY has halted its 6 days of weakness and has jumped almost 90 pips from the low of 145.46. The pair has lost more than 350 points in previous week. GBP is trading higher for the third consecutive day and jumped till...

FxWirePro: Silver stabilizes above $15.40 mark, stay bearish only below $15.42
Jul 25, 2018 08:15 am UTC| Technicals
XAG/USD is currently trading around $15.47 marks. It made intraday high at $15.52 and low at $15.41 levels. Intraday bias remains neutral till the time pair moves in stiff boundaries from $15.40 to $15.52...