
FxWirePro: XRP/USD faces strong support at 100 –day MA, any close below confirms further weakness
Feb 21, 2018 12:40 pm UTC| Technicals
Major resistance 1.2280. Ripple has shown a minor dip slightly below 100- day MA after hitting high of 1.2000 level. The pair declined till 0.9750 and is currently trading around 1.01790. The pair is...

FxWirePro: EUR/USD trades weak, market eyes US Fed minutes meeting
Feb 21, 2018 12:26 pm UTC| Technicals
EUR/USD shown a minor jump from the low of 1.23076 level. But Euro zone PMI data which was released today was slightly weaker than expected. It is currently trading around 1.23115. The flash version on PMI data of...

FxWirePro: AUD/JPY pauses recovery from 6-month lows, finds stiff resistance at 4H 55-EMA
Feb 21, 2018 11:13 am UTC| Technicals
AUD/JPY halts recovery from 6-month lows at 83.32, trades 0.24% lower on day. The pair finds stiff resistance at 4H 55-EMA (84.85), we see further upside only on break above. Technical studies support weakness in...

FxWirePro: USD/CHF trades above trend line resistance 0.9340, market eyes US Fed minutes meeting
Feb 21, 2018 10:20 am UTC| Technicals
USD/CHF has shown a good recovery of almost 80 pips yesterday from the low of 0.92836. The pair has closed above trend lien resistance at 0.9340. It is currently trading around 0.93708. Market yes FOMC minutes meeting...

Feb 21, 2018 10:00 am UTC| Technicals Insights & Views
Chart and candlestick pattern formed - Bulls in the major trend so far roaring ever since it breached asymmetric triangle resistance with bullish EMA and MACD crossovers on monthly plotting. Upswings breaking-out...

FxWirePro: USD/CAD trades higher on weak Canada wholesale trade, good to buy on dips
Feb 21, 2018 09:40 am UTC| Technicals
USD/CAD is continuing its bullish trend for fourth consecutive day. The pair has broken major resistance 1.26493 and jumped till 1.26700 at the time of writing. It is currently trading around 1.26600. The good jump in...

Feb 21, 2018 09:38 am UTC| Technicals
EUR/NZD extends weakness below daily cloud, trades 0.11% lower on the day. The price action is holding support at 110-EMA at 1.6747, break below will see further weakness. Technical indicators are biased lower....