
FxWirePro: NZD/CAD struggles at 100-DMA, further upside only on break above
Jun 12, 2018 10:59 am UTC| Technicals
NZD/CAD struggles to extend gains above 100-DMA, bias remains bullish. Momentum indicators support upside, Stochs sharply higher. Price action in the pair has entered daily cloud. We see +ve DMI dominance and...

FxWirePro: USD/CAD trades higher on trade war worries, good to buy on dips
Jun 12, 2018 10:40 am UTC| Technicals
USDCAD has shown a nice recovery from low of 1.29205 yesterday. The Canadian dollar was trading lower following G7 summit in Quebec. Trade war fears and death of NAFTA are the main issues dragging Canadian dollar. The FOMC...

FxWirePro: ETH/EUR recovery lacks momentum, break above 5-DMA could see minor upside
Jun 12, 2018 10:26 am UTC| Technicals Digital Currency
ETH/EUR extends range trade for the 2nd consecutive session, bias lower. The pair is consolidating break below Symmetric Triangle, scope for weakness. Technical studies support downside. Momentum indicators are...

FxWirePro: EUR/JPY holds gains above 21-EMA, targets trendline at 131, stay long
Jun 12, 2018 10:01 am UTC| Technicals
EUR/JPY has retraced dip below 21-EMA, extends upside for a 2nd straight session. Downside has taken support at 5-DMA at 129.50, we see weakness only on decisive break below 21-EMA. The major has retraced from...

FxWirePro: EUR/SEK hits fresh 3-week low at 10.1840 mark, stay bearish
Jun 12, 2018 09:43 am UTC| Technicals
EUR/SEK is currently trading around 10.1896 levels. It made intraday high at 10.2084 and low at 10.1840 levels. Intraday bias remains bearish till the time pair holds key resistance at 10.2773 mark. A daily...

FxWirePro: GBP/JPY trades higher after denuclearization deal, good to buy on dips
Jun 12, 2018 09:18 am UTC| Technicals
GBP/JPY has shown a good jump in todays trading and jumped almost more than 100 pips. The pair hits high of 147.98 after Trump and Kim meeting ends in positive note. They both have signed a denuclearization deal and yen...

FxWirePro: USD/ZAR remains well supported above 13.00 mark, good to buy on dips
Jun 12, 2018 08:50 am UTC| Technicals
USD/ZAR is currently trading around 13.17 levels. It made intraday high at 13.24 and low at 13.00 levels. Intraday bias remains bullish till the time pair holds key support at 12.99 mark. A daily close...