
FxWirePro: XRP/USD trades lower, good to sell on rallies
Apr 05, 2018 13:23 pm UTC| Technicals
Major Intraday resistance -0.5500. Ripple has declined sharply after hitting high of 0.55140.It is currently trading around 0.47734. Any break above 0.5500 confirms minor intraday bullishness, a jump till...

Apr 05, 2018 12:36 pm UTC| Technicals
USD/CHF was trading higher yesterday and jumped almost 80 pips from the low of 0.9550.The pair hits high of 0.96303 and declined almost 30 pips from the high of 0.96303. The main reason for this jump is that easing US...

FxWirePro: GBP/JPY forms long legged doji, break below 150.25 confirms minor weakness
Apr 05, 2018 12:33 pm UTC| Technicals
GBP/JPY is trading extremely bullish after Trumps tweet on trade war on China. The pair jumped almost more than 125 pips after easing trade war worries. The increase in risk appetite has dragged safe haven assets like yen...

FxWirePro: GBP/USD trades lower on weaker services PMI, good to sell on rallies
Apr 05, 2018 12:15 pm UTC| Technicals
Major resistance- 1.4100. Cable has declined almost 72 pips from the high of 1.40970 after weak UK economic data. The pair hits low of 1.40241 and is currently trading around 1.40266. UK services PMI dipped to 51.7 in...

FxWirePro: EUR/USD trades flat, good to buy on dips
Apr 05, 2018 11:48 am UTC| Technicals
EUR/USD has shown a minor jump after hitting low of 1.22490. The pair is showing minor weakness after jumping till 1.23449 in this week. With no major economic release today, market eyes US Nonfarm payroll which is to be...

Apr 05, 2018 11:42 am UTC| Technicals
Chart and candlestick formed: EURAUD bulls manage to hit 14-months highs in the intermediate trend but the signs of sustenance seem dubious, as the pair forms gravestone pattern at the peaks of 1.6032 levels on the weekly...

Apr 05, 2018 11:18 am UTC| Technicals
NZD/USD edges lower from 3-week highs at 0.7322, trades 0.19% lower on the day. Price action has bounced off strong support at 200-DMA and we see major weakness only on break below. Technical studies are biased...