
Feb 09, 2018 11:09 am UTC| Technicals Digital Currency
BTC/EUR is struggling to extend break above 200-DMA, intraday bias is neutral. The pair is trading range-bound on the day at around 6689 levels at the time of writing. Price is retracing from multi-month lows of...

FxWirePro: EUR/USD upside capped by 20- day MA, good to sell on rallies
Feb 09, 2018 11:00 am UTC| Technicals
EURUSD declined sharply till 1.2212 yesterday after breaking major support at 1.2315 (20 day MA). The pair hits fresh 2- week low on rising US 10 year bond yields. The pair shown a minor recovery of 85 pips till 1.2292. It...

FxWirePro: USD/CHF takes support near 10 –day MA, good to buy on dips
Feb 09, 2018 09:42 am UTC| Technicals
USD/CHF has declined more than 100 pips from the yesterday high of 0.94698. The pair declined till 0.93484 and is currently trading around 0.93939. Technically in the daily chart, the pair has taken support near 10...

FxWirePro: USD/CAD trades higher on weak crude oil price, good to buy on dips
Feb 09, 2018 09:31 am UTC| Technicals
USD/CAD is consolidating in narrow range after hitting high of 1.26131. The pair jumped almost 360 pips form the low of 1.22472. The jump in prices was mainly due to rise in US 10 year bond yields and declining crude oil...

FxWirePro: Copper extends weakness after break below 100-DMA, bias lower, stay short
Feb 09, 2018 09:07 am UTC| Technicals
Copper is extending declines steadily from multi-month peak of 3.32 hit in December. Price action has breached major supports: 50-DMA, 100-DMA, daily cloud and major trendline support. Technical studies are...

FxWirePro: XAG/USD moves in stiff boundaries, stay bearish
Feb 09, 2018 08:18 am UTC| Technicals
XAG/USD is currently trading around $16.35 marks. It made intraday high at $16.43 and low at $16.34 levels. Intraday bias remains neutral till the time pair holds key resistance at $16.50 mark. A daily close...

FxWirePro: AUD/CAD hovers around 100-DMA at 0.9797, break below to see further weakness
Feb 09, 2018 08:14 am UTC| Technicals
The pair has broken major trendline support at 0.9825, is currently struggling to break below strong support at 100-DMA at 0.9797. Weakness in crude oil prices weighing on the CAD, supporting upside in the...