
FxWirePro: NZD/CAD breaks below daily cloud, eyes 200-DMA at 0.9065, good to short rallies
Apr 25, 2018 10:24 am UTC| Technicals
NZD/CAD edges higher from 10-week lows at 0.9101, bias bearish. The pair has broken below daily cloud and 100-DMA, on track to test 200-DMA at 0.9065. Price action has broken below 20W SMA at 0.9163, close below...

FxWirePro: GBP/USD forms Bearish Engulfing pattern in weekly chart, good to sell on rallies
Apr 25, 2018 10:22 am UTC| Technicals
Candle stick pattern Bearish Engulfing pattern (Weekly chart). Cable has shown huge decline almost more than 350 pips in previous week and is continuing its bearish in this week. The pair has formed bearish engulfing...

Apr 25, 2018 09:53 am UTC| Technicals
NZDJPY traders on minor trend are extending slumps after shooting star formation which is bearish in nature (refer daily chart). The current prices slide below DMAs as bulls reject at stiff resistance, for now, the...

FxWirePro: EUR/USD trades lower as US yield hits 3%, good to buy on dips
Apr 25, 2018 09:37 am UTC| Technicals
EUR/USD pared some of its gains made yesterday after hitting low of 1.21818. The pair was trading weak on account of rising US 10 year bond yield .US 10 year bond yield hits 3% for the first time in four years ahead of a...

FxWirePro: AUD/NZD breaks above 50-DMA, eyes 38.2% Fib at 1.0794, stay long
Apr 25, 2018 08:58 am UTC| Technicals
AUD/NZD has broken above 50-DMA resistance at 1.0660, bias higher. Price is consolidating above 23.6% Fib at 1.0677, scope for more upside in the pair. Technical studies are biased higher. RSI shows strength...

FxWirePro: USD/TRY trades in narrow range, Turkey’s lending-borrowing rate decision in focus
Apr 25, 2018 08:45 am UTC| Technicals
USD/TRY is currently trading at 4.0806 levels. It made intraday high at 4.0906 and low at 4.0714 levels. Intraday bias remains neutral till the time pair holds key support at 4.0600 levels. Key resistances...

FxWirePro: GBP/NZD breaks major resistance at 1.96, good to go long on dips
Apr 25, 2018 08:21 am UTC| Technicals
GBP/NZD has shown a decisive breakout at 1.96 (Triangle Top), bias higher. The major trades with a bullish momentum, scope for test of 1.98 levels. RSI shows strength at 67 levels with room to run further. Stochs...