
FxWirePro: GBP/JPY forms double bottom around 148.80, good to buy on dips
Apr 02, 2018 09:07 am 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: BTC/EUR fails to close below 78.6% Fib, break below required for further weakness
Apr 02, 2018 08:27 am UTC| Technicals Digital Currency
BTC/EUR is extending range trade around major trendline support at 5575 levels. Price action failed to close below strong support at 78.6% Fib at 5488. Close below required for further weakness. The pair is...

FxWirePro: USD/JPY finds strong support at 20-DMA at 106.09, weakness only on break below
Apr 02, 2018 07:51 am UTC| Technicals
USD/JPY inches higher from session lows at 106.18 as yen weighed down by softer Japanese data. Data released earlier today showed that the Japanese Tankan Manufacturing Outlook and Index indicators missed...

FxWirePro: Gold recovers slightly on fresh trade worries, good to buy on dips
Apr 02, 2018 07:20 am UTC| Technicals
Gold has shown a good recovery almost more than $10 from previous week low of $1321 on fresh trade worries. The major reason for slight jump in yellow metal was due to introduction of up to 25% on 128 U.S products. The...

FxWirePro: AUD/CHF finds stiff resistance at 4H 200-SMA, bullish divergence keeps scope for upside
Apr 02, 2018 06:26 am UTC| Technicals
AUD/CHF rejected at session highs at 0.7343, slips lower to currently trade at 0.7326 levels. The antipodeans remain depressed after weaker-than-expected China PMI data. Chinas PMI came in at 51.0, missing 51.7...

FxWirePro: DAX30 trades higher on positive global cues, good to buy on dips
Apr 02, 2018 05:57 am UTC| Technicals
DAX index inched higher after a forming a minor bottom around 11703. The index recovered sharply on Mar 29th 2018 and jumped almost 1.49%. US indices SP 500 and Dow jones has taken support near 200- day MA and shown a good...

FxWirePro: NZD/CAD holds above 23.6% Fib, break below targets 50-DMA at 0.9259
Apr 02, 2018 05:54 am UTC| Technicals
NZD/CAD extends range trade around channel base support at 0.93 levels. We require a decisive break below to see further downside in the pair. The antipodeans remain depressed after weaker-than-expected China PMI...