
FxWirePro: EUR/USD upside capped by 50 –day MA, good to buy on dips
Apr 10, 2018 09:09 am UTC| Technicals
EUR/USD is continuing its minor bullishness for second consecutive session. The pair was trading slightly weak in Asian session after Chinese President XI promises to cut car import tariff and eases rules for foreign...

FxWirePro: NZD/USD hits 3-week highs at 0.7347, bias higher, stay long
Apr 10, 2018 08:27 am UTC| Technicals
NZD/USD extends upside after breakout at 50-DMA, intraday bias higher. The pair is trading with a bullish momentum and we see scope for further upside. The major has broken above 0.73 handle and has hit 3-week...

FxWirePro: USD/CHF faces strong support at 0.9550, break below targets 0.9420
Apr 10, 2018 07:52 am UTC| Technicals
USD/CHF has declined almost 100 pips from the previous week high of 0.96475. The slight jump in Swiss franc was mainly due to increase of safe haven asset as US- China trade war tension escalates. It is currently trading...

FxWirePro: GBP/JPY breaks major resistance at 151.50, jump till 152.25 likely
Apr 10, 2018 07:24 am UTC| Technicals
GBP/JPY is continuing its bullish trend for second consecutive week .The pair made fresh high for the week at 151.49 and shown a minor decline. The pair recovered sharply in todays Asian session and broke yesterday high of...

FxWirePro: Norwegian krone falls sharply against major peers after various economic data
Apr 10, 2018 07:23 am UTC| Technicals
EUR/NOK is currently trading at 9.6154 levels. It made intraday high at 9.6228 and low at 9.5609 levels. Intraday bias remains bullish till the time pair holds key support at 9.5580 mark . A sustained close...

FxWirePro: Gold trades slightly weak on increasing risk appetite, good to buy on dips
Apr 10, 2018 06:54 am UTC| Technicals
Gold is trading flat after a strong recovery on Friday. The yellow metal has shown a minor dip after US- China trade tension eases. Chines President Xi announces plan to open up Chinese economy by lowering import tariffs...

FxWirePro: Nikkei trades higher as trade concerns eases, good to buy on dips
Apr 10, 2018 06:52 am UTC| Technicals
Nikkei has shown a good recovery of almost more than 500 points after comment regarding trade war by Chinese President Xi. The index hits high of 21961from yesterdays low of 21427.. Chines President Xi announces plan to...