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FxWirePro: DXY Trade Idea

Nov 01, 2018 09:46 am UTC| Technicals

Major resistance 97.40 (trend line joining 95.15 and 96.98) DXY is showing minor sell-off after a minor jump above 97. The index hits high of 97.20 and is currently trading around 96.56. The near term support...

FxWirePro: S&P500 Daily Outlook

Nov 01, 2018 09:44 am UTC| Technicals

Short term trend Slightly bullish Major support - 2618 (89- W EMA) and 2640 (trend line support) SP500 is trading higher for third consecutive day and jumped more than 130 points from low of 2603. In the past...

FxWirePro: AUD/CAD on track to test 110-EMA at 0.9479, good to stay long

Nov 01, 2018 09:40 am UTC| Technicals Research & Analysis

AUD/CAD chart on Trading View used for analysis AUD/CAD has broken above major trendline resistance at 0.9325, bias higher. The pair is trading 0.87% higher on the day at 0.9383 at the time of...

FxWirePro: DXY jump above 97 short lived; lost more than 60 pips from high, good to sell on rallies

Nov 01, 2018 09:23 am UTC| Technicals

Major resistance 97.40 (trend line joining 95.15 and 96.98) DXY is showing minor sell-off after a minor jump above 97. The index hits high of 97.20 and is currently trading around 96.56. The near term support...

FxWirePro: Silver touches $14.46 mark, faces immediate resistance at $14.57 mark

Nov 01, 2018 08:46 am UTC| Technicals

XAG/USD is currently trading around $14.45 marks. It made intraday high at $14.46 and low at $14.22 levels. Intraday bias remains bullish till the time pair holds immediate support at $14.22 mark. A daily...

FxWirePro: GBPUSD rocks above 1.2900 level on hopes of Brexit deal, good to buy on dips

Nov 01, 2018 08:36 am UTC| Technicals

GBPUSD recovered sharply nearly 200 pips from low of 1.2695 made on Oct 30th 2018 on account of positive Brexit news. The pair hits high of 1.28835 and is currently trading around 1.28750. Pound sterling was trading...

FxWirePro: EUR/GBP rejected at daily cloud, break below 20-DMA to see extension of downside

Nov 01, 2018 07:49 am UTC| Technicals Research & Analysis

EUR/GBP chart on Trading View used for analysis EUR/GBP is holding support at 20-DMA, break below will see further downside. 5-DMA has turned lower and price action has slipped below 21-EMA. Stochs and RSI...

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