
FxWirePro: Copper finds strong support at 200-DMA (3.079), good to go short on break below
Apr 26, 2018 10:11 am UTC| Technicals
Copper extends choppy trade, holds above 3.0 mark, bias bearish. Price action remains capped by daily cloud which weighs heavily on the upside. Technical indicators on daily charts are turning slightly bearish....

FxWirePro: USD/CHF hits 4- month high, good to buy on dips
Apr 26, 2018 09:26 am UTC| Technicals
USD/CHF was trading higher and jumped more than 100 pips in this week. It hits high of 0.98485 highest since Jan 2018 and closed above major trend line resistance for past four trading days. The Swiss franc was trading...

FxWirePro: Cloud caps upside in AUD/NZD, good to go long on break above
Apr 26, 2018 08:02 am UTC| Technicals
AUD/NZD has closed above 54-EMA resistance at 1.0681 on Wednesdays trade, bias higher. Upside finds stiff resistance at daily cloud base at 1.0725, we see further upside only on break above. Price is...

FxWirePro: XAG/USD trades in narrow range, faces immediate resistance at $16.62 mark
Apr 26, 2018 07:59 am UTC| Technicals
XAG/USD is currently trading around $16.54 marks. It made intraday high at $16.60 and low at $16.49 levels. Intraday bias remains neutral till the time pair holds key support at $16.48 mark. A daily close...

FxWirePro: GBP/JPY Daily Outlook
Apr 26, 2018 07:41 am UTC| Technicals
GBP/JPY is consolidating in narrow range between 151.60 and 152.59 for past three trading days. The yen was trading weak against all majors from Friday on account of easing geo political tensions and rising US bond yield....

FxWirePro: Gold Short term Outlook
Apr 26, 2018 07:19 am UTC| Technicals
Gold technical model Gold Monthly chart Looks still bullish and is trading above 10-M and 20- M MA ($1294 $1270). It has formed almost triple top at $1365. Trend -Bullish Gold Weekly chart- It is showing a...

FxWirePro: GBP/NZD extends 'Symmetric Triangle' breakout, bias higher, stay long
Apr 26, 2018 06:57 am UTC| Technicals
GBP/NZD is extending grind higher after breakout at 1.96 (Triangle Top), bias remains higher. The major trades with a bullish momentum, scope for test of 1.98 levels. RSI shows strength at 69 levels with room to...