FxWirePro: GBP/USD runs out of steam but maintains bullish outlook
May 17, 2017 15:52 pm UTC| Technicals
The GBP/USD pair strengthened on Wednesday as speculation that U.S. President Donald Trump could face the threat of impeachment triggered dollar sell-off across the board. News reports emerged on Tuesday that Trump...
FxWirePro: EUR/USD maintains bullish bias with focus on 1.1200 levels
May 17, 2017 14:22 pm UTC| Technicals
The EUR/USD rose higher on Wednesday as the single currency gained as political turmoil and weak economic data in the United States reduced expectations of aggressive interest rate rises this year. The dollar has...
May 17, 2017 13:44 pm UTC| Technicals
Cable recovered once again after showing a minor decline below 1.2900 level on account of mixed UK jobs data. U.K unemployment hits 42 year low but basic pay slows to 2.1% lagging behind inflation. The pair broken the...
May 17, 2017 13:27 pm UTC| Technicals
Cable recovered once again after showing a minor decline below 1.2900 level on account of mixed UK jobs data. U.K unemployment hits 42 year low but basic pay slows to 2.1% lagging behind inflation. The pair broken the...
FxWirePro: Lonnie downside capped by 38.2% fibo, good to sell on rallies
May 17, 2017 12:43 pm UTC| Technicals
USD/CAD has made a low of 1.35750 and jumped slightly from that level. Intraday trend is still weak as long as resistance 1.3660 holds. It is currently trading around 1.36345. WTI Crude oil hits $49.63 and shown a...
FxWirePro: AUD/CHF finds strong support at 0.7270, good to go short on break below
May 17, 2017 12:01 pm UTC| Technicals
AUD/CHF down 0.53 percent on the day, pauses at major trendline support at 0.7270. The pair has broken below channel base support at 0.7415, bias lower. Price action below 200-DMA and daily cloud. Technical...
May 17, 2017 11:56 am UTC| Technicals
Cable recovered once again after showing a minor decline below 1.2900 level on account of mixed UK jobs data. U.K unemployment hits 42 year low but basic pay slows to 2.1% lagging behind inflation. The pair broken the...
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