FxWirePro: Aussie falls against major peers as Australia’s GDP data fails to meet expectations
Dec 07, 2016 00:57 am UTC| Technicals
AUD/NZD is currently trading around 1.0433 marks. Pair made intraday high at 1.0496 and low at 1.0427 marks. Intraday bias remains bearish for the moment. A consistent close below 1.0415 will take the parity...
FxWirePro: AUD/USD neutral in the near-term, scope for downward resumption
Dec 06, 2016 18:54 pm UTC| Technicals
AUD/USD declined on Tuesday as dollar was buoyed by the perception that the Federal Reserve would most likely raise interest rates at the next meeting. Investors expect Federal Reserve would raise short-term interest...
FxWirePro: USD/JPY maintains bullish bias with focus on 115.00 levels
Dec 06, 2016 15:27 pm UTC| Technicals
USD/JPY traded in slightly higher in range as dollar strengthened on expectations that U.S. interest rates will go up this month, a view reinforced by a string of positive economic data. Recent upbeat U.S. data,...
Dec 06, 2016 12:28 pm UTC| Technicals
You could observe yesterdays bull candle with abig real body and downward tail that resembles like a bullish engulfing candle pattern at 1.0825 levels. Even though we missed out this pattern, ever since the pair tested...
Dec 06, 2016 12:14 pm UTC| Technicals
Major resistance- 1.08200 The pair jumped sharply till 1.07961 after making a low of 1.05047 yesterday. It is currently trading around 1.07498. It should break above 1.08200 for further bullishness. Any break...
Dec 06, 2016 09:52 am UTC| Technicals
The dollar has been losing its strength from thelast couple of days against a basket of six other major currency peers, as you could probably make out from theUS dollar index dipping below 100.110 levels, not far from the...
FxWirePro:FTSE100 forms bearish crossover, good to sell on rallies
Dec 06, 2016 09:44 am UTC| Technicals
Major resistance 6885 (Nov 23rd high) Major support -6610 Bearish Crossover (34- day EMA and 55- day EMA). The index forms temporary bottom around 6678 on Dec 2nd 2016 low and slightly shown a jump from...
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