FxWirePro: EUR/USD intraday upside momentum strong after weak U.S. inflation, retail sales data
Jul 14, 2017 14:48 pm UTC| Technicals
The EUR/USD rose higher at the beginning of the US session on Friday as benign U.S. inflation data in June and an unexpected fall in retail sales fueled doubts about an interest rate increase later this year. U.S....
FxWirePro: USD/CAD neutral in the near-term, scope for downward resumption
Jul 14, 2017 13:30 pm UTC| Technicals
The USD/CAD pair declined on Friday as oil prices rose, while softer-than-expected U.S. data weighed on the greenback. Oil prices edged higher on Friday and were on track for solid weekly gains following positive...

Jul 14, 2017 13:22 pm UTC| Technicals
Cable has recovered sharply after hitting low of 1.28118 level on Jul 12th 2017. The pair has taken support near daily Kijun-Sen and jumped from that level. The pair broken minor resistance of 1.2925 and jumped till...

FxWirePro: US Dollar Index Daily Outlook
Jul 14, 2017 13:14 pm UTC| Technicals
U.S dollar index has broken major support at 95.47 low made on Jun 30th 2017. It is currently trading around 95.28. In the daily chart, index upside capped by daily Kijun-Sen at 96.67 and any break above will take the...

FxWirePro: GBP/USD trades higher, good to buy on dips
Jul 14, 2017 11:07 am UTC| Technicals
Cable has recovered sharply after hitting low of 1.28118 level on Jul 12th 2017. The pair has taken support near daily Kijun-Sen and jumped from that level. The pair broken minor resistance of 1.2925 and jumped till...

FxWirePro: EUR/AUD breaks below 50-DMA, bias lower, good to go short on rallies
Jul 14, 2017 10:49 am UTC| Technicals
EUR/AUD trades with a major bearish bias, we see scope for further downside. The pair has broken below 50-DMA and price action has dipped into daily cloud. Technical indicators are biased lower and MACD has shown...

EUR/USD recovers slightly from low of 1.1370, market eyes US CPI
Jul 14, 2017 10:20 am UTC| Technicals
EUR/USD has formed a minor top around 1.14886 on Jul 12th 2017 and declining for the past two days. The pair hits low of 1.13700 and recovering slightly from that level on rumors that ECB might taper the bond buying...