
FxWirePro: NZD/USD trades a narrow range, bias lower, good to short rallies
Feb 10, 2017 02:04 am UTC| Technicals
Kiwi bears are taking a breather after 3 consecutive sessions of huge downslide. Continuation of the Bearish Cypher Pattern seen. Technical indicators are heavily bearish, but some consolidation seen at lows. The...

FxWirePro: Japanese yen falls in early hours of Asia despite higher than expected PPI data
Feb 10, 2017 01:46 am UTC| Technicals
USD/JPY is currently trading around 113.72 marks. It made intraday high at 113.79 and low at 113.22 levels. Intraday bias remains bullish till the time pair holds key support at 112.64 marks. A daily close...

FxWirePro: Aussie gains against major peers after RBA’s monetary policy statements
Feb 10, 2017 01:12 am UTC| Technicals
AUD/NZD is currently trading around 1.0614 marks. Pair made intraday high at 1.0617 and low at 1.0594 marks. Intraday bias remains neutral till the time pair holds immediate resistance at 1.0630 marks. A...
FxWirePro: EUR/USD neutral in the near-term, scope for downward resumption
Feb 09, 2017 15:30 pm UTC| Technicals
The EUR /USD pair declined on Thursday as dollar regained ground after upbeat US economic data and higher political risk in Europe ahead Frances presidential election. Investors were largely focused on French...

Feb 09, 2017 12:48 pm UTC| Technicals
Major resistance -1.65185 (Feb 7th 2017 High) Major support 1.6400 GBP/CAD has shown minor jump above trend line resistance of 1.65100 (trend line joining 1.66277 and 1.65590) and started to decline from that...

FxWirePro:EUR/USD faces strong support at 1.06200,good to buy on dips
Feb 09, 2017 12:41 pm UTC| Technicals
Major support 1.06200 EUR/USD made a low of 1.06405 and jumped sharply from that level.The pair is slightly bullish for the day as long as support 1.06200 holds. On the lower side, 1.05850 will be acting as...

FxWirePro:GBP/CAD struggles to close above 1.6500, good to sell on rallies
Feb 09, 2017 11:47 am UTC| Technicals
Major resistance -1.65185 (Feb 7th 2017 High) Major support 1.6400 GBP/CAD has shown minor jump above trend line resistance of 1.65100 (trend line joining 1.66277 and 1.65590) and started to decline from that...