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FxWirePro: CAD/JPY bears imminent after breach below rising wedge support but hammer counters – Trade tunnel spreads and short hedge

Mar 09, 2018 06:03 am UTC| Technicals

Chart and candlestick pattern formed- Shooting stars repeatedly at 88.634, 88.129 and 88.629 levels respectively (refer weekly plotting). These bearish patterns are followed by 3-black crow pattern which is again a serious...

FxWirePro: LTC/USD hovers around 61.8% Fib, bias lower, eyes 200-DMA at 133.62

Mar 09, 2018 06:01 am UTC| Technicals Digital Currency

LTC/USD extends grind lower below 5-DMA, scope for further weakness. The pair has taken minor support at Feb 14 lows at 160 levels. Break below will see further weakness. RSI is biased lower and below 50 levels....

FxWirePro: USD/TWD remains well supported below 29.50 mark, intraday bias remains bearish

Mar 09, 2018 05:48 am UTC| Technicals

USD/TWD is currently trading around 29.29 marks. It made intraday high at 29.35 and low at 29.28 marks. Intraday bias remains bearish till the time pair holds key resistance at 29.50 mark. A daily close...

FxWirePro: BTC/EUR breaks below 200-DMA, bias lower, stay short

Mar 09, 2018 05:25 am UTC| Technicals Digital Currency

BTC/EUR extending weakness for 4th consecutive session, bias lower. The pair has retraced channel breakout and price has slipped below 200-DMA. Technical studies are bearish and we see scope for further...

FxWirePro: BTC/EUR breaks below 200-DMA, bias lower, stay short

Mar 09, 2018 05:25 am UTC| Technicals Digital Currency

BTC/EUR extending weakness for 4th consecutive session, bias lower. The pair has retraced channel breakout and price has slipped below 200-DMA. Technical studies are bearish and we see scope for further...

FxWirePro: USD/JPY tests 20-DMA, bias higher, good to go long on dips

Mar 09, 2018 05:02 am UTC| Technicals

USD/JPY edges lower from session highs at 106.94, pauses just shy of 107 handle. The pair tests 20-DMA resistance at 106.75, close above could see further upside. The Bank of Japan (BOJ) kept the interest...

FxWirePro: USD/SGD rejects key support at 1.3138 mark, short term trend reversal likely

Mar 09, 2018 04:44 am UTC| Technicals

USD/SGD is currently trading around 1.3182 marks. It made intraday high at 1.3196 and low at 1.3171 levels. Intraday bias remains bullish till the time pair holds key support at 1.3138 mark. A daily close...

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