
FxWirePro: USD/CAD forms Bullish engulfing pattern, good to buy on dips
Mar 23, 2018 09:42 am UTC| Technicals
Candle stick pattern- Bullish Engulfing. USD/CAD has shown a good recovery after hitting low of 1.28298 yesterday. Canadian dollar has shown a good jump on Wednesday on optimism for NAFTA deal. Global trade war is...

Mar 23, 2018 08:56 am UTC| Technicals
GBP/AUD is trading in a Rising Wedge pattern and price currently hovers around Wedge Top at 1.8295. Technical indicators are biased higher. RSI has edged above 70 levels and momentum studies are bullish. We see...

FxWirePro: NZD/CHF extends weakness below 100-DMA, bias lower, stay short
Mar 23, 2018 07:48 am UTC| Technicals
NZD/CHF has edged higher from session lows at 0.6821, is trading largely muted on the day. The pair is extending break below 100-DMA, targets trendline support at 0.6760. Technical studies are bearish, the pair...

FxWirePro: GBP/JPY struggles to close below 200- day MA, close below targets 145
Mar 23, 2018 07:36 am UTC| Technicals
GBP/JPY declined more than 200 pips yesterday on account sudden jump in Yen due to increase of safe haven demand. Yen jumped yesterday after US President imposes trade tariff for 100 products on China. The pair hits low of...

FxWirePro: USD/TRY spikes up to record high at 4.0345 mark, intraday bias remains bullish
Mar 23, 2018 07:21 am UTC| Technicals
USD/TRY is currently trading at 3.9648 levels. It made intraday high at 4.0345 and low at 3.9644 levels. Intraday bias remains bullish for the moment till the time pair holds key support at 3.9056...

Mar 23, 2018 07:00 am UTC| Technicals
USD/ZAR is currently trading around 11.83 levels. It made intraday high at 11.89 and low at 11.78 levels. Intraday bias remains neutral till the time pair holds key support at 11.70 mark. A daily close...

FxWirePro: Gold trades higher on safe haven demand, good to buy on dips
Mar 23, 2018 06:59 am UTC| Technicals
Gold jumped almost more than $12 due to Trumps trade tariff on China. The yellow metal hits high of $1341.49 and is currently trading at $1342.68. The main reason for jump is due to increase in safe haven demand on account...