
FxWirePro: EUR/JPY breaks below 23.6% Fib, eyes 200-DMA at 131.13
Feb 23, 2018 08:25 am UTC| Technicals
EUR/JPY breaks below 23.6% Fib, is on track to test 200-DMA at 131.13. Technical indicators are bearish. RSI and Stochs are biased lower. Momentum studies are heavily bearish, but Stochs are in oversold levels so...

FxWirePro: USD/CHF downside capped by 20 –day MA, good to buy on dips
Feb 23, 2018 07:23 am UTC| Technicals
USD/CHF has declined almost 80 pips from yesterday high of 0.94090. The pair formed a double top around 0.94090 and any break above confirms minor bullishness. The pair hits low of 0.93250 and is currently trading around...

FxWirePro: NZD/JPY fails at 100-DMA, good to go short on break below 77.85
Feb 23, 2018 06:46 am UTC| Technicals
NZD/JPY fails at 100-DMA, retraces break above, slips lower with gravestone Doji formation. Price action has slipped below 5-DMA and has failed to hold above daily cloud. Momentum studies are bearish, RSI is...

Feb 23, 2018 06:42 am UTC| Technicals
Chart and candlestick pattern formed- Shooting stars consecutively at 88.129 and 88.629 levels respectively. Rising wedge pattern had occurred earlier in intermediate trend and these bearish pattern candlesticks have...

Feb 23, 2018 06:42 am UTC| Technicals
Chart and candlestick pattern formed- Shooting stars consecutively at 88.129 and 88.629 levels respectively. Rising wedge pattern had occurred earlier in intermediate trend and these bearish pattern candlesticks have...

FxWirePro: Gold upside capped by 20 –day MA, good to sell on rallies
Feb 23, 2018 06:19 am UTC| Technicals
Gold has shown a mild recovery yesterday after slight jump in euro. The yellow metal hits high of $1332 almost $12 and trading at $ 1327.58. US dollar has shown minor weakness almost 50 pips yesterday and is trading at...

FxWirePro: AUD/JPY hovers around channel base, break below to accentuate weakness
Feb 23, 2018 06:16 am UTC| Technicals
AUD/JPY hovers around channel base support, we see further weakness on break below. The major has retraced brief break above 5-DMA and is extending weakness. Technical studies support downside in the pair. RSI...