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FxWirePro: USD/CHF trade Idea

Mar 26, 2018 13:27 pm UTC| Technicals

USD/CHF has declined sharply almost more than 30 pips from the intraday high of 0.94891. The pair hits low of 0.94552 at the time of writing. It is currently trading around 0.94540. The Swiss franc has showing a good...

FxWirePro: USD/CHF trades lower on safe haven demand, good to buy on dips

Mar 26, 2018 13:14 pm UTC| Technicals

USD/CHF has declined sharply almost more than 30 pips from the intraday high of 0.94891. The pair hits low of 0.94552 at the time of writing. It is currently trading around 0.94629. The Swiss franc has showing a good...

FxWirePro: USD/CHF shooting stars restrain rallies below 21-DMA, major trend breaches below wedge support as interim bulls struggle for momentum

Mar 26, 2018 12:51 pm UTC| Technicals

USDCHF forms shooting stars at 0.9491 and 0.9461 levels that restrain rallies below 21SMAs, the current price dips below SMAs (refer 4H chart). Both leading lagging indicators are in tandem with bearish swings, for...

FxWirePro: GBP/USD trades well above 1.4200, good to buy on dips

Mar 26, 2018 12:43 pm UTC| Technicals

Cable has jumped sharply more than 0.5% in todays trading on account of weak US dollar the pair broke the high of 1.42186 made after post BOE. The pair declined almost 140 pips from the high. The jump was mainly due to...

FxWirePro: BTC/EUR bears resume at sloping channel resistance and 21-EMA – Good to snap deceptive rallies for fresh short-build ups

Mar 26, 2018 12:04 pm UTC| Technicals Digital Currency

The minor trend of BTCEUR had been oscillating so far in a tight range of 7442.85 and 6325.92 levels. Bears of this pair resume exactly at sloping channel resistance, while every attempt of upswing restrained below...

FxWirePro: EUR/USD trades above 1.2400, good to buy on dips

Mar 26, 2018 11:42 am UTC| Technicals

EUR/USD gained sharply almost more than 50 pips in todays session and hits high of 1.24168.The pair has formed minor bottom around 1.22398 and recovered sharply from that level on US- China trade war.US President Trump...

FxWirePro: ETH/EUR capped at 5-DMA at 425, on track to test 78.6% Fib 382, stay short

Mar 26, 2018 11:23 am UTC| Technicals Digital Currency

ETH/EUR down 4.15% on the day, remains capped at 5-DMA at 425 levels. Technical indicators are highly bearish. We see scope for further weakness. Price action rages in Symmetric Triangle pattern and we see scope...

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