
FxWirePro: BTC/EUR finds strong support at 5300, good to go short on break below
Apr 06, 2018 07:03 am UTC| Technicals Digital Currency
BTC/EUR is trading in a Symmetric Triangle pattern and price action is currently holding strong support at 5300 (Triangle Base). The pair is trading with a major bearish bias and we see scope for further weakness on...

FxWirePro: Gold trades flat, market eyes US non-farm payroll
Apr 06, 2018 06:46 am UTC| Technicals
Gold is trading in narrow range between $1322.78 and $1333 for the past two trading session. The slight decline in yellow metal is considered as buying opportunity by traders as trade war tension between US and China...

FxWirePro: NZD/USD fails to hold break above 50-DMA, slips below 0.73 handle
Apr 06, 2018 06:35 am UTC| Technicals
NZD/USD is extending weakness for 2nd straight session after the major fails to hold break above 50-DMA. Price action has slipped below 0.73 handle and the pair is trading 0.23% lower on the day at 0.7254 at the time...

Apr 06, 2018 06:16 am UTC| Technicals
NZDUSD bears resume again in the minor trend especially after the failure swings at the falling wedge resistance, shooting stars have witnessed steep price dips in the recent past. While both leading oscillators...

FxWirePro: EUR/NZD trades rangebound, weakness likely on break below trendline support at 1.6825
Apr 06, 2018 06:09 am UTC| Technicals
EUR/NZD is trading in a narrow range, hitting a days high of 1.6886 and a low of 1.6815. Downward revisions of the Eurozone PMIs and weaker-than-expected German factory orders and retail sales print likely to keep the...

FxWirePro: Nikkei declines more than 1% on Trump’s new tariff, good to buy on dips
Apr 06, 2018 05:51 am UTC| Technicals
Nikkei has shown a selling pressure at higher levels after hitting high of 21822 yesterday. The index declined slightly around 375 points from the high on US China trade war worries. Asian equities is showing a minor...

FxWirePro: USD/JPY breaks above 50-DMA at 107.05, focus on NFP data for further impetus
Apr 06, 2018 05:40 am UTC| Technicals
Markets wary ahead of the March non-farm payrolls release, USD/JPY trades largely unchanged at the time of writing. Price action broke past 50-DMA at 107.05 on Thursdays trade and hit 1-month highs at 107.49. Yen...