FxWirePro: GBP/USD maintains bullish bias with focus on 1.3000
Jun 05, 2017 16:13 pm UTC| Technicals
The GBP/USD pair rose on Monday as sterling shrugged off a deadly attack in London and focused on this weeks UK election. A dip in an index of services sector sentiment had little impact, and sterling then jumped into...
FxWirePro: EUR/USD runs out of steam but maintains bullish outlook
Jun 05, 2017 14:49 pm UTC| Technicals
The EUR /USD pair dipped on Monday as investors booked profits after gains in the previous session on a U.S. employment report that underwhelmed expectations, but dollar still looking exposed to any renewed optimism from a...
FxWirePro: USD/JPY resumes downside after failing to break above 110.72
Jun 05, 2017 14:21 pm UTC| Technicals
USD/JPY inched dipped on Monday as Japanese yen was buoyed by disappointing U.S. jobs data on Friday that dimmed the prospects for an aggressive run of interest rate increases in the worlds biggest economy. U.S. job...
FxWirePro: US Dollar Index Daily Outlook
Jun 05, 2017 14:03 pm UTC| Technicals
US Dollar index has broken the triple bottom at 96.80 and declined till 96.65. It is currently trading around 96.91. Short term trend is still weak as long as index not able to break above 97.80 (21 day EMA). The...
FxWirePro:WTI Crude oil Intraday Outlook
Jun 05, 2017 12:47 pm UTC| Technicals
Crude oil hits three week low on Friday at $46.72 on concerns of increasing shale gas production. The increase in shale gas production will derail the efforts made by other major producers to rebalance the supply. The oil...
Jun 05, 2017 12:45 pm UTC| Technicals
EUR/USD hits fresh six month high of 1.1284 on Friday on account of weaker than expected U.S Nonfarm payroll. U.S economy has added 138K in May compared to forecast of 174K and unemployment rate at 16- year low at...
FxWirePro: AUD/CAD holds cloud support, good to go long break above 20-DMA at 1.0099
Jun 05, 2017 12:16 pm UTC| Technicals
AUD/CAD fails to close below 50-DMA, bias turns neutral. The pair is holding cloud support at 0.9999, we see weakness only on break below. The pair has now broken above 5-DMA at 1.0066, close above will reinforce...
Gabon: post-coup dialogue has mapped out path to democracy – now military leaders must act
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects