
FxWirePro: XRP/USD trades well below major trend line support, good to sell on rallies
Apr 02, 2018 13:15 pm UTC| Technicals
Ripple broken major support of 0.5370 and declined till 0.4541. It is currently trading around 0.49060. Any break above 0.7200 (200- day MA) confirms minor bullishness, a jump till 0.7800/0.85/0.9055 (50- day...

Apr 02, 2018 12:32 pm UTC| Technicals
GBP/JPY has formed a minor bottom around 148.80 and shown a minor jump from that level. The minor recovery was due to slight jump in Pound against all majors. But yen was recovered slightly due to introduction of tariff by...

FxWirePro: USD/CAD trades in narrow range on Ester Monday, good to buy on dips
Apr 02, 2018 12:21 pm UTC| Technicals
USD/CAD has declined slightly yesterday almost 78 pips. The pair hits high of 1.29399 on Thursday after weaker than expected Canadian GDP data. Canadian economy contracted 0.1% compared to forecast of 0.1%, first decline...

Apr 02, 2018 11:59 am UTC| Technicals
Chart and candlestick patterns formed- Shooting stars and bearish engulfing pattern candlesticks pop up at stiff resistance of 1.6141 levels. Consequently, the prices are plummeted below DMA and more price dips seem to be...

FxWirePro: GBP/USD downside capped by 20 –day MA, good to buy on dips
Apr 02, 2018 11:24 am UTC| Technicals
Cable has jumped slightly almost 0.4% from the low of 1.40111 made on Mar 29th 2018. he pair is trading flat as London market closed on account of Easter Monday. GBP/USD jumped till 1.40703 at the time of writing. The jump...

FxWirePro: AUD/JPY rangebound above 5-DMA, finds stiff resistance at 20-DMA at 82.26
Apr 02, 2018 11:16 am UTC| Technicals
AUD/JPY is trading in a narrow range above 5-DMA support at 81.53. Long-term price action is edging lower in a downward channel. Bias still lower. The pair finds stiff resistance at 20-DMA at 82.26, decisive...

FxWirePro: EUR/USD trades flat on Easter Monday, good to buy on dips
Apr 02, 2018 10:00 am UTC| Technicals
EUR/USD is trading in narrow range between 1.23119 and 1.23323 in todays session on account of Easter Monday. The pair hits low of 1.22832 on Thursday and shown a minor recovery from that level. With no macro-economic data...