
FxWirePro: BTC/EUR edges above 6000, eyes 20-DMA at 6473
Apr 03, 2018 10:42 am UTC| Technicals Digital Currency
BTC/EUR is extending upside after holding major trendline support at 5575 levels. Price action failed to close below strong support at 78.6% Fib at 5488. We see further weakness only on close below. The pair is...

Apr 03, 2018 10:35 am UTC| Technicals
NZDJPY bulls spike well above SMAs with healthy bullish momentum, uptrend likely to prolong only upon break-out sustenance above stiff resistance of 77.714 levels. Ever since the pair tests strong support at 76.176...

FxWirePro: EUR/GBP breaks below 5-DMA, eyes channel base at 0.8675, stay short
Apr 03, 2018 10:19 am UTC| Technicals
EUR/GBP extends weakness below 5-DMA, trades 0.09% lower on the day. Mixed releases of the Euro area final manufacturing PMI reports earlier today weighed down on the EUR. Technical studies are biased lower and...

FxWirePro: USD/CAD forms double top around 1.2940, good to sell on rallies
Apr 03, 2018 09:53 am UTC| Technicals
USD/CAD has declined once again yesterday after showing a minor jump above 1.29400. The pair hits high of 1.29434 yesterday. The minor dip was due to slight weaker than expected US ISM manufacturing data. US ISM...

FxWirePro: NZD/CHF struggles at 200-DMA at 0.6931, good to go long on break above
Apr 03, 2018 09:31 am UTC| Technicals
NZD/CHF capped at major resistance at 0.6931 (200-DMA), break above to see upside. Technical indicators are biased higher. RSI above 50 and biased higher. Stochs are showing bullish momentum and MACD is also...

FxWirePro: GBP/JPY downside capped by 200 –day MA, good to buy on dips
Apr 03, 2018 08:58 am UTC| Technicals
GBP/JPY has formed a minor bottom around 148.38 and shown a jump of more than 100 pips from that level. The minor recovery was due to slight jump in Pound against all majors. The yen shown a minor weakness as Asian markets...

FxWirePro: NZD/JPY hovers around 20-DMA 76.93, good to go long on break above
Apr 03, 2018 08:52 am UTC| Technicals
NZD/JPY trades 0.82% higher on the day, edges higher from session lows at 76.16. China has slapped extra tariffs of up to 25 percent on 128 US products. The resulting risk aversion in the US stocks pushed the...