
FxWirePro: AUD/CAD struggles at 200-DMA (0.9823), break above to propel the pair higher
May 28, 2018 10:25 am UTC| Technicals
AUD/CAD is extending gains for the 3rd straight week, scope for further upside. The pair has broken above 50-DMA and hit 6-week high at 0.9838. Upside is currently struggling to extend gains above 200-DMA,...

FxWirePro: GBP/JPY trades flat on UK holiday, good to sell on rallies
May 28, 2018 09:56 am UTC| Technicals
GBP/JPY is continuing its weakness and has declined almost 400 pips in previous week. The pair hits low of 145.27 and shown a minor recovery due to easing geo political tensions. The renewed hopes of US President Trump...

May 28, 2018 09:30 am UTC| Technicals Digital Currency
BTC/EUR is extending weakness below daily cloud, bias bearish. Upside remains capped at 5-DMA and we see minor upside only on close above. Momentum and trend indicators support downside in the pair. We see -ve...

FxWirePro: Swedish krona falls against euro after retail sales, trade balance data
May 28, 2018 08:54 am UTC| Technicals
EUR/SEK is currently trading around 10.2378 levels. It made intraday high at 10.2463 and low at 10.1997 levels. Intraday bias remains bullish till the time pair holds key support at 10.1997 mark. A daily...

FxWirePro: USD/ZAR hovers around 12.50 mark, bias remains neutral
May 28, 2018 08:20 am UTC| Technicals
USD/ZAR is currently trading around 12.45 levels. It made intraday high at 12.51 and low at 12.42 levels. Intraday bias remains neutraltill the time pair holds key support at 12.40 mark. A daily close...

May 28, 2018 07:47 am UTC| Technicals
USDJPY major stiff resistance levels are observed at 111.458, 110.052 and 109.8041 (i.e. 21DMA levels). While gravestone doji and shooting star patterns have occurred at 110.736 and 111.037 levels to signal weakness,...

FxWirePro: EUR/JPY struggles to extend bullish gap open, upside capped at 5-DMA (128.58)
May 28, 2018 07:45 am UTC| Technicals
EUR/JPY has slipped lower from session highs at 128.53 to currently trade at 128.02 levels. The major opened with a bullish gap, but failed to extend momentum higher. Upside was capped below 5-DMA at...