
Mar 05, 2018 11:13 am UTC| Technicals
Chart and candlestick pattern formed: Bearish RSI divergence since March2017 (refer monthly chart). The bulls struggle for momentum despite the formations of the hammer (daily plotting). Hammer pattern candles...

Mar 05, 2018 11:13 am UTC| Technicals
Chart and candlestick pattern formed: Bearish RSI divergence since March2017 (refer monthly chart). The bulls struggle for momentum despite the formations of the hammer (daily plotting). Hammer pattern candles...

FxWirePro: AUD/CAD hovers around major trendline resistance at 1.00, good to go long on break above
Mar 05, 2018 10:55 am UTC| Technicals
AUD/CAD pauses at major trendline resistance at 1.00, breakout could see further bullishness. Technical indicators are biased higher. RSI shows strength at 59 levels. Stochs are biased higher, momentum is...

FxWirePro: USD/CAD trades higher on weak Canadian GDP, good to buy on dips
Mar 05, 2018 10:50 am UTC| Technicals
USD/CAD continuing its bullishness and hits fresh 2018 high at 1.29156 on Friday after slightly weaker than expected Canada GDP data. The pair shown a minor decline from the high. The Canadian dollar down almost 0.80% this...

Mar 05, 2018 10:31 am UTC| Technicals
EUR/JPY extends weakness for 5th consecutive week, bias still bearish. The pair finds strong support at 200W SMA at 129.53. We see further weakness only on decisive break below. The pair has retraced brief dip...

FxWirePro: CHF/JPY daily outlook
Mar 05, 2018 09:33 am UTC| Technicals
Major Support 112.50. CHF/JPY is trading weak for the past four week after forming a temporary top around118.55. It has declined more than 600 pips and is currently trading around 112.75. The pair recovered almost 50...

FxWirePro: AUD/JPY closes below weekly cloud and 100W SMA, scope for further downside
Mar 05, 2018 09:12 am UTC| Technicals
AUD/JPY has closed below weekly cloud and 100W SMA in last weeks trade. Technical indicators on weekly charts are highly bearish. RSI weakness seen at 33 levels with room for further downside. Momentum studies on...