
May 22, 2018 13:51 pm UTC| Digital Currency Technicals Insights & Views
Bitcoin cash (BCHUSD) has dipped below $1,200 levels. While the minor trend of this pair slides through sloping channel, where the hanging man pattern which is bearish in nature pops up at the stiff resistance. Both...

FxWirePro: LTCUSD faces strong trend line support at 125, break below targets 109
May 22, 2018 12:42 pm UTC| Technicals
LTC/USD is continuing its weakness for third consecutive week. The pair shown a minor recovery till 153.01 and started to decline. It is currently trading around 131.83. The slight jump in this pair has been using as...

FxWirePro: EUR/GBP breaks above 50-DMA, on track to test 'Triangle Top' at 0.8835
May 22, 2018 12:15 pm UTC| Technicals
EUR/GBP has breached resistance at 21-EMA and edges higher to currently trade at 0.8704. The pair has broken above 50-DMA and re-entered daily cloud raising scope for further upside. The major is extending trade...

May 22, 2018 11:48 am UTC| Technicals
GBPUSD has shown a minor jump of almost 100 pips in Asian session and declined after UK inflation report and BOE Carney dovish stance. The pair declined more than 900 pips from the high of 1.43767 level. The pair hits low...

FxWirePro: EUR/USD upside capped by 10- day MA, good to sell on rallies
May 22, 2018 11:38 am UTC| Technicals
EUR/USD jumped more than 100 pips from the low of 1.17166 and hits intraday high of 1.18297. US dollar has been slightly weak as overall market sentiment has been improved. China is going to lower import tariff on...

May 22, 2018 11:13 am UTC| Technicals
FxWirePro Currency Strength Index for AUD/USD: Bias Bullish FxWirePros Hourly AUD Spot Index was at 98.3146 (Bullish) FxWirePros Hourly USD Spot Index was at -82.8395 (Bearish) Technical Analysis: Bias Bullish -...

FxWirePro: NZD/USD edges lower from session highs, finds stiff resistance at 21-EMA (0.70)
May 22, 2018 10:42 am UTC| Technicals
NZD/USD was rejected at session highs at 0.6974, slips lower to currently trade at 0.6953. The pair is extending upside for 3rd straight session, bounces off strong trendline support at 0.6850. Technical...