
FxWirePro: USD/CAD takes support near trend line, good to buy on dips
Mar 27, 2018 12:22 pm UTC| Technicals
USD/CAD is continuing its weakness for past one week. The pair hits high of 1.31250 and started to decline from the high. Canadian dollar has shown a good jump mainly due to rise in crude oil prices. And positive economic...

Mar 27, 2018 11:52 am UTC| Technicals
Chart and candlestick patterns formed- Rising channel pattern, shooting stars and hammer pattern candlesticks at channel resistance and support respectively on monthly plotting, interim bulls test support at 21DMA upward...

FxWirePro: AUD/NZD holds channel base support at 1.0590, 'Death Cross' keeps scope for downside
Mar 27, 2018 11:16 am UTC| Technicals
AUD/NZD holds channel base support at 1.0590, we see weakness on break below. Recovery was rejected at session highs at 1.0627, pair is trading down 0.06% on the day. We evidence a Death Cross (bearish 50-DMA...

FxWirePro: BTC/EUR grinds lower along 5-DMA resistance, good to go short on rallies
Mar 27, 2018 10:48 am UTC| Technicals
BTC/EUR grinds lower along 5-DMA resistance at 6789, intraday bias bearish. The pair trades well below 200-DMA and daily cloud and we see scope for further weakness. Technical indicators are biased lower. RSI...

FxWirePro: EUR/USD trades weak, good to sell on rallies
Mar 27, 2018 09:59 am UTC| Technicals
EUR/USD declined almost more than 40 pips in European session. The pair has broken 3- week high 1.24450 and jumped till 1.24763.The pair has formed minor top around 1.24763 and minor bullishness only above that level. The...

FxWirePro: ETH/EUR breaks below 78.6% Fib, breach at 'Triangle Base' could see further downside
Mar 27, 2018 09:51 am UTC| Technicals
ETH/EUR has breached strong support at 382 levels which is converged trendline and 78.6% Fib retrace of 168 to 1168 rally. The pair is trading 6.22% lower on the day, at around 366 levels, bias still...

FxWirePro: GBP/AUD holds above 1.83 handle, weakness only on break below 1H 110-EMA at 1.8292
Mar 27, 2018 09:15 am UTC| Technicals
GBP/AUD holds above 1.83 handle, finds strong support 1H 110-EMA at 1.8292. The pair is trading in a Rising Wedge pattern and price has shown a break above Wedge Top at 1.8295 in last weeks trade. The pair is...