
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...

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...

FxWirePro: Copper breaks below 200-DMA, on track to test 38.2% Fib at 2.791, stay short
Mar 26, 2018 10:14 am UTC| Technicals
Copper is extending weakness after break below 200-DMA at 3.0317. The pair has shown a decisive breach at channel base support in the previous weeks trade raising scope for further weakness. Price action is down...

FxWirePro: GBP/JPY takes support near 233- day MA, good to buy on dips
Mar 26, 2018 09:49 am UTC| Technicals
GBP/JPY has shown a good jump almost 148 pips in Asian session on easing trade war concerns. The yen has shown a minor recovery against all pairs due to short covering. But overall trend is still bearish. USD dollar was...