
FxWirePro: GBP/USD faces strong support at 50- day MA, break below targets 1.3925
Apr 06, 2018 12:55 pm UTC| Technicals
Major resistance- 1.4100 Cable has declined more than 125 pips yesterday after weaker than expected UK economic data. The pair hits low of 1.3965 and is currently trading around 1.4010. UK construction and services...

FxWirePro: USD/CHF trades higher, market eyes US Nonfarm payroll
Apr 06, 2018 11:41 am UTC| Technicals
USD/CHF has shown a minor selling pressure after hitting high of 0.96438 at the time of writing. The pair hits intraday low of 0.96199 and shown a minor recovery. The main reason weakness in Swiss franc is monetary policy...

Apr 06, 2018 10:23 am UTC| Technicals
In the minor trend of GBPAUD, hanging man, shooting star and gravestone doji patterns pop up at peaks of 1.8350, 1.8326, 1.8356 and 1.8239 levels, consequently, the downswing slide below 7DMAs with the bearish MACD...

FxWirePro: USD/CAD forms head and Shoulder pattern, good to sell on rallies
Apr 06, 2018 09:37 am UTC| Technicals
Chart Pattern- Head and Shoulder pattern. USD/CAD has declined almost more than 200 pips in this week from the high of 1.29407. The pair hits low of 1.27445 yesterday. The major dip was due to rising optimism in NAFTA...

FxWirePro: AUD/JPY retraces dip below 20-DMA, hovers around 23.6% Fib, bias higher
Apr 06, 2018 09:23 am UTC| Technicals
AUD/JPY rejected at session lows at 81.97, edges higher to currently trade at 82.53 levels. The pair has retraced brief dip below 20-DMA which is strong support at 82.07. Technical studies are biased higher and...

Apr 06, 2018 08:36 am UTC| Technicals
GBP/JPY is trading flat after hitting high of 150.38 level yesterday. The pair shown a minor dip till 149.88 and is currently trading around 150.43. The minor decline in the pair was mainly due to slight weakness in GBP...

FxWirePro: Turkish lira weakens to record low beyond 4.0650 against U.S. dollar, downside limited
Apr 06, 2018 08:16 am UTC| Technicals
USD/TRY is currently trading at 4.0585 levels. It made intraday high at 4.0659 and low at 4.0336 levels. Intraday bias remains bullish till the time pair holds key support at 3.9944 levels. Key resistances...