
FxWirePro: AUD/CAD finds strong support at 200W SMA at 0.9817, weakness likely on break below
Apr 04, 2018 11:27 am UTC| Technicals
AUD/CAD is consolidating break below 200-DMA at 0.9868, bias still bearish. The pair hit 8-week lows at 0.9813 before paring some losses to currently trade at 0.9846. Aussie remains supported on the day on the...

FxWirePro: GBP/USD trades lower on weaker construction PMI data, good to sell on rallies
Apr 04, 2018 11:15 am UTC| Technicals
Cable has declined almost 50 pips from the high of 1.40848 after weak UK economic data. The pair hits low of 1.40286 and is currently trading around 1.40369. UK construction PMI came at 47 fastest drop since July 2016. It...

Apr 04, 2018 10:45 am UTC| Technicals Research & Analysis Insights & Views
The gold (XAUUSD) on daily terms: Bullish engulfing patterns have occurred at 1332.05 and 1347.12 levels that counter the previous formation of double top and on track of forming the triple top pattern as bears resume at...

Apr 04, 2018 10:20 am UTC| Technicals
FxWirePro Currency Strength Index for EUR/NZD: Bias bearish FxWirePros Hourly EUR Spot Index was at -73.8657: Bearish FxWirePros Hourly NZD Spot Index was at 123.453: Bullish Technical Analysis: Bias Bearish -...

FxWirePro: USD/CHF trades in narrow range, good to buy on dips
Apr 04, 2018 10:11 am UTC| Technicals
USD/CHF was highly volatile in European session. The pair declined sharply almost 40 pips from the high of 0.95990. The minor profit booking in this pair was mainly due to new trade war worries between US and China. U.S...

FxWirePro: AUD/NZD breaks below 78.6% Fib, hits fresh 8-month lows at 1.0526
Apr 04, 2018 09:29 am UTC| Technicals
AUD/NZD has breached below 78.6% Fib retracement of 1.03706 to 1.12899 rally at 1.05673. Price has hit fresh 8-month lows at 1.0526, bias still bearish. Technical indicators are biased lower. RSI is weak below 50...

FxWirePro: GBP/JPY upside capped by 100 –day MA, good to sell on rallies
Apr 04, 2018 09:14 am UTC| Technicals
GBP/JPY is trading highly volatile due to trade war worries. The pair jumped slightly above 150 and declined almost 75 pips from the high of 150.10. The minor weakness in the pair was due to continuing weakness in equity...