
FxWirePro: AUD/CHF rejected at major resistance at 0.7543, Doji formation raises scope for downside
May 04, 2018 11:56 am UTC| Technicals
AUD/CHF rejected at major resistance at 0.7543, slips lower to currently trade at 0.75 levels. We evidence formation of a Gravestone Doji at highs which raises scope for downside. Price action has broken above...

FxWirePro: Sell EURUSD on rallies
May 04, 2018 10:51 am UTC| Technicals
EUR/USD is continuing its weakness for 2nd consecutive weak on account of weak Eurozone data. The pair started its weakness after more dovish statement by ECB. The pair has broken major support of 1.2150 after ECB meeting...

FxWirePro: AUD/JPY capped at 21-EMA at 82.50, hovers around 82 handle, bias lower
May 04, 2018 10:51 am UTC| Technicals
AUD/JPY trades 0.28% lower on the day, hovers around 82 handle. The pair trades with a bearish momentum, Stochs well in the oversold zone. RSI shows weakness below 50 levels and is biased lower. Price action is...

FxWirePro: Ripple faces strong trend line resistance at 0.9250, extreme bullishness above that level
May 04, 2018 10:50 am UTC| Technicals
XRPUSD formed a temporary top around 0.9649 and started to decline from that level. The pair downside capped by 200- day MA. Ripple has shown a dip below 200- day MA till 0.7800 and jumped almost more than 17% from that...

FxWirePro: ETH/EUR extends break above 38.2% Fib, bias higher, stay long
May 04, 2018 09:14 am UTC| Technicals Digital Currency
ETH/EUR is extending break above 38.2% Fib and is trading 3.28% higher on the day. The pair is trading with a bullish momentum and decisive close above 100-DMA has raised scope for test of 50% Fib at 725...

May 04, 2018 07:42 am UTC| Technicals
Before beginning with this write-up, we urge you to just glance through the below weblinks where weve raised the red-flags recent posts about early signs of CADJPYs...

FxWirePro:CAD/JPY upside capped by 100- day MA, good to sell on rallies
May 04, 2018 07:34 am UTC| Technicals
CAD/JPY has halted its bullish trend after forming a minor top around 85.76 level. The pair declined more than 100 pips and is currently trading around 84.80. The yen was recovered sharply almost 100 pips against USD in...