
FxWirePro: BTC/EUR extends weakness below trendline support at 6350, targets 'Triangle Base' at 5650
Mar 29, 2018 09:03 am UTC| Technicals Digital Currency
BTC/EUR extends weakness after break below minor trendline support at 6350, bias lower. The pair is trading in a Symmetric Triangle pattern and we see scope for test of triangle base at 5650. Technical indicators...

Mar 29, 2018 08:20 am UTC| Technicals Insights & Views
Chart and candlestick pattern formed: Minor trend slides through falling wedge and intermediate trend in rising channel. Back-to-back shooting stars pop-up at wedge resistance and the bearish engulfing pattern has...

FxWirePro: USD/TWD moves in stiff boundaries, stay bearish only below 29.02 mark
Mar 29, 2018 08:06 am UTC| Technicals
USD/TWD is currently trading around 29.15 marks. It made intraday high at 29.20 and low at 29.14 marks. Intraday bias remains neutral till the time pair holds key support at 29.02 mark. A daily close above...

FxWirePro: AUD/JPY finds strong resistance at 81.90, good to go long on break above
Mar 29, 2018 07:56 am UTC| Technicals
The Japanese Yen is temporarily out of favour on receding tensions between US and China over trade tariffs. AUD/JPY edges above 1H 200-SMA, we see scope for further upside. Price action finds strong trendline...

FxWirePro: XAG/USD rejects key resistance at $16.32 mark, good to sell on rallies
Mar 29, 2018 07:32 am UTC| Technicals
XAG/USD is currently trading around $16.23 marks. It made intraday high at $16.31 and low at $16.22 levels. Intraday bias remains bearish till the time pair holds key resistance at $16.32 mark. A daily close...

FxWirePro: GBP/JPY upside capped by 100 –day MA, good to sell on rallies
Mar 29, 2018 07:25 am UTC| Technicals
GBP/JPY has shown a good jump of almost more than 150 pips from yesterdays low of 148.96 on account good slight decline in yen. The yen declined yesterday more than 150 pips against USD as US China trade war tension eases....

FxWirePro: Gold trades weak on strong US dollar, good to sell on rallies
Mar 29, 2018 06:42 am UTC| Technicals
Gold has shown a good selling of almost $23 from the high of $1346.73 made yesterday. The major reason for decline in yellow metal was due to minor dip in safe haven demand as US China trade war started to ease and strong...