
Jan 31, 2018 09:41 am UTC| Technicals
Chart and candlestick pattern formed- The bulls spike through rising channel, failure upswings at channel resistance with gravestone doji in the recent past and for now, the shooting star formation on daily...

FxWirePro: DASH/USD breaks below 100-DMA at 735, good to go short on rallies
Jan 31, 2018 09:14 am UTC| Technicals Digital Currency
DASH/USD has shown a decisive break below 100-DMA at 735 levels, bias still bearish. The pair is trading in a narrow range on the day, having hit session high at 684 and a low of 642. Technical studies support...

FxWirePro: NZD/CAD takes 20-DMA support, watch for break out at 200-DMA for further bullishness
Jan 31, 2018 07:57 am UTC| Technicals
NZD/CAD takes 20-DMA support, we see weakness only on break below. Kiwi buoyed by upbeat New Zealand trade data and sovereign debt rating affirmation by SP. The pair has broken above 5-DMA and 38.2% Fib retrace...

FxWirePro: CHF/JPY trades higher, good to buy on dips
Jan 31, 2018 07:08 am UTC| Technicals
Major intraday support- 115.75 The pair has shown a minor recovery of almost 90 pips after forming a bottom at 115.75. the pair jumped till 116.66 and is currently around 116.64. The pair was trading well above...

FxWirePro: XAG/USD hovers around key resistance at $17.22 mark, U.S. ADP job data in focus
Jan 31, 2018 07:07 am UTC| Technicals
XAG/USD is currently trading around $17.18 marks. It made intraday high at $17.21 and low at $17.07 levels. Intraday bias remains bullish till the time pair holds key support at $17.02 mark. A daily close...

FxWirePro: NZD/USD resumes upside after brief consolidation, eyes 0.7435, good to long dips
Jan 31, 2018 06:42 am UTC| Technicals
NZD/USD pauses at minor trendline resistance at 0.7393, intraday bias higher. The pair was extending consolidation after hitting 4-month market high of 0.7436 last week. Price action has now resumed upside as...

Jan 31, 2018 06:32 am UTC| Technicals
Bears on verge of extending double top with top 1 at 89.089 top 2 at 89.071, as a result, current prices are sliding below DMAs. For now, more slumps seem to be on cards upon bearish DMA crossover, both leading ...