
FxWirePro: Aussie falls against major peers on the back of lower than expected retail sales data
May 09, 2017 01:58 am UTC| Technicals
AUD/NZD is currently trading around 1.0658 marks. Pair made intraday high at 1.0690 and low at 1.0648 marks. Intraday bias remains bearish till the time pair holds immediate resistance at 1.0746 marks. A...

FxWirePro: EUR/KRW hovers around key resistance at 1,238 mark, sustained close above targets 1,251
May 09, 2017 01:46 am UTC| Technicals
EUR/KRW is currently trading around 1,237 mark. Pair made intraday high at 1,239 and low at 1,235 levels. Intraday bias remains neutral till the time pair holds key resistance at 1,238 mark. A daily close...
FxWirePro: GBP/USD reverses recent rally, bias back to downside
May 08, 2017 17:42 pm UTC| Technicals
GBP/USD declined on Monday as sterling attracted selling interest as investors attention turned to this weeks Bank of England meeting and a domestic election campaign. The Bank of England meets on Thursday to discuss...
FxWirePro: USD/JPY maintains bullish bias with focus on 114.00
May 08, 2017 16:54 pm UTC| Technicals
USD/JPY inched higher on Monday as safe-haven demand waned following pro-EU candidate Emmanuel Macrons victory in the French presidential election. The removal of the political risk associated with Macrons rival...
FxWirePro: USD/CAD consolidating around 1.3713, bias is bullish
May 08, 2017 16:00 pm UTC| Technicals
The USD/CAD pair continued to inch higher on Monday as the loonie was pressured by lower oil prices and weaker-than-expected Chinese trade data reinvigorated a recent selloff in metals. Copper prices slid to a...
FxWirePro: EUR/USD neutral in the near-term, scope for downward resumption
May 08, 2017 14:31 pm UTC| Technicals
The EUR/USD declined on Monday as euro pulled back from highs touched after pro-European centrist Emmanuel Macrons emphatic but well-flagged victory in Frances presidential election as investors focus shifted from politics...

FxWirePro: Sell USD/CHF on rallies
May 08, 2017 12:30 pm UTC| Technicals
USD/CHF has slightly recovered after making a low of 0.9855 on Friday. It is currently trading around 0.99299 0.59% higher. The pair should close above 200- day MA for minor bullishness. The minor jump from 0.95495...