
FxWirePro: Gold breaks trend line support, dip till $1308 likely
Jan 18, 2018 06:15 am UTC| Technicals
Trend line support - $1330 Gold declined almost $19 from high of $1343.80 made yesterday. The yellow metal halted its one month rally as dollar recovers from 3 year low. US dollar index has shown a minor recovery of...

FxWirePro: AUD/USD fails to extend employment data led gains, focus on China data dump
Jan 18, 2018 05:33 am UTC| Technicals
AUD/USD fails to extend employment data led gains, edges lower from session highs at 0.7994 to currently trade at 0.7963 levels. Aussie was hit by mixed Australian jobs data. Australia December employment change beats...

FxWirePro: USD/JPY hovers around 4H 50-SMA at 111.54, good to go long on break above
Jan 18, 2018 04:38 am UTC| Technicals
US dollar regained poise overnight amid higher Treasury yields and better US industrial figures. Broad-based US dollar rebound along with slide of the yen amid rising equity prices on Wall Street sent USD/JPY soaring...

Jan 17, 2018 10:55 am UTC| Technicals Insights & Views
Chart pattern formed- Rising channel, failure swings at channel resistance on daily plotting, Symmetric triangle resistance break-out and extension of consolidation phase by retracing more than 38.2% Fibonacci...

FxWirePro: NZD/CAD finds major resistance at 0.9143 (200-DMA), further upside only on break above
Jan 17, 2018 10:38 am UTC| Technicals
NZD/CAD hovers around 38.2% Fib, intraday bias remains neutral. The pair finds stiff resistance at 200-DMA at 0.9143, we see major upside only on break above. Technical studies support trend higher, RSI...

Jan 17, 2018 10:34 am UTC| Technicals
Chart Pattern formed- Ascending triangle. Intraday major support 114.70. CHFJPY consolidates in narrow range after hitting high of 115.21 level. The pair declined till 114.92 yesterday and is currently trading...

FxWirePro: EUR/USD trades slightly lower, good to buy on dips
Jan 17, 2018 10:27 am UTC| Technicals
EUR/USD has shown a minor correction after a good upside move in previous week. The pair was trading strong in previous week on account of political stability in Germany and hawkish comment from ECB members. The pair...