
FxWirePro: AUD/CAD breaks 200-DMA at 0.9906, good to go long on close above
Jan 17, 2018 09:38 am UTC| Technicals
AUD/CAD gained some positive traction on Wednesday, ahead of BOC policy decision. The pair has broken above 200-DMA resistance at 0.9906 and is currently trading at 0.9926. However, it remains to be seen if the...

FxWirePro: DASH/USD range bound above 100-DMA at 666, further weakness only on break below
Jan 17, 2018 08:50 am UTC| Technicals Digital Currency
DASH/USD consolidating break below strong support at 50-DMA (967) and daily cloud. Downside has taken support at 100-DMA, the pair has retraced brief dip below. The pair hit lows of 640 on Tuesdays trade, but...

FxWirePro: NZD/JPY holds 20-DMA support at 80.17, good to go short on break below
Jan 17, 2018 07:55 am UTC| Technicals
NZD/JPY failed to break stiff trendline resistance currently at 81.15, slips lower. The pair closed below 5-DMA at 80.47 on Tuesdays trade and is currently hovering around 20-DMA. Technical studies on intraday...

USD/CHF faces minor trend line resistance around 0.9640, break above targets 0.9740
Jan 17, 2018 07:39 am UTC| Technicals
USD/CHF has declined sharply till 0.95732 and shown a minor jump from that level. The pair declined almost 275 pips from the temporary top at 0.9845. It has recovered till 0.96385 and is currently trading around...

FxWirePro: USD/ZAR fails to find support below 12.26 mark, stay neutral
Jan 17, 2018 07:16 am UTC| Technicals
USD/ZAR is currently trading around 12.30 levels. It made intraday high at 12.31 and low at 12.21 levels. Intraday bias remains neutral for the moment. A daily close above 12.45 will take the parity...

FxWirePro: BTC/EUR hovers around 100-DMA support, break below to see further downside
Jan 17, 2018 07:00 am UTC| Technicals Digital Currency
BTC/EUR consolidates slump below daily Ichimoku cloud, bias lower. Price action currently hovers around 100-DMA support at 8981, break below to see further weakness. Momentum studies are bearish, Stoch are...

FxWirePro: Gold forms bearish engulfing pattern, good to sell on rallies
Jan 17, 2018 06:52 am UTC| Technicals
Candlestick pattern- Bearish Engulfing pattern (Hourly chart). Gold declined almost $13 from high of $1344 made previous week. The yellow metal is continuing its 6- week winning streak on account of weak U.S dollar....