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FxWirePro: NZD/JPY breaks into daily cloud, eyes 55-EMA at 74.14, stay long on dips

Oct 16, 2018 13:10 pm UTC| Technicals

NZD/JPY chart on Trading View used for analysis NZD/JPY spikes higher, trades 0.85% higher on the day at 73.82 at the time of writing. The pair has broken into daily cloud and we see scope for further...

FxWirePro: S&P500 struggles to close above 200- day MA and upside capped by 23.6% fib, good to buy on dips

Oct 16, 2018 13:06 pm UTC| Technicals

Major support - 2700 The index was consolidating in narrow range between 2708 and 2781 for past four trading session. SP500 is struggling to close above 200- day MA and any daily close will confirm minor trend...

FxWirePro: EUR/USD Trade Idea

Oct 16, 2018 12:24 pm UTC| Technicals

EURUSD is trading in narrow range and is facing strong resistance to break above 1.1600. US economic data released yesterday came at sightly lesser than expected . US retail sales came at 0.1% compared to forecast of...

FxWirePro: USD/CHF consolidates in narrow range, good to sell on rallies

Oct 16, 2018 12:19 pm UTC| Technicals

Major resistance 0.9950 USDCHF has broken 0.9855 after a long consolidation. It hits low of 0.98479 and shown a minor jump.US retail sales came at 0.1% compared to forecast of 0.6%. The recent geopolitical tensions...

FxWirePro: GBP/JPY recovers slightly on better than expected UK wage growth, good to sell on rallies

Oct 16, 2018 12:18 pm UTC| Technicals

Ichimoku Analysis (Daily chart) Tenken-Sen - 148.01 Kijun-Sen - 146.39 GBPJPY has filled the gap down made yesterday. The pair jumped more than 150 pips from the low of 146.51. The pair has formed...

FxWirePro: NZD/USD breaks above 4H 200-SMA, good to go long on dips

Oct 16, 2018 11:51 am UTC| Technicals

NZD/USD chart on Trading View used for analysis Kiwi remains buoyed after New Zealand CPI beats estimates, NZD/USD trades 0.44% higher on the day. New Zealands Q3 CPI came in at 0.9% q/q, higher than forecasts...

FxWirePro: AUD/CAD rejected at 20-DMA with 'Inverted Hammer' formation, intraday bias bearish

Oct 16, 2018 11:15 am UTC| Technicals

AUD/CAD chart on Trading View used for analysis AUD/CAD rejected at 20-DMA with Inverted Hammer formation on Mondays trade. The pair slips below 5-DMA, trades 0.21% lower on the day at 0.9242 at the time of...

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