FxWirePro: EUR/USD neutral in the near-term, scope for downward resumption
Oct 24, 2016 16:30 pm UTC| Technicals
The EUR/USD declined at the beginning of the US session on Monday as the pair found selling interest afterdollar was boosted on expectations that Federal Reserve will raise interest rates in December. The U.S. central...
FxWirePro: GBP/USD strongly bearish despite upside attempts
Oct 24, 2016 14:55 pm UTC| Technicals
GBP/USD declined on Monday as sellers stepped in after the pair inched higher towards 1.2250 in the European session. A stronger U.S. dollar also added losses for the Sterling as the dollar firmed on upbeat economic...

Oct 24, 2016 12:27 pm UTC| Technicals
EUR/USD shown a continuous downside for the past ten trading session. It has declined till 1.08596 at the time of writing. The pair is currently trading around 1.08750. On the lower side, major support is around...

FxWirePro: Buy US Oil above $51
Oct 24, 2016 11:33 am UTC| Technicals
Major resistance - $51. Major support - $49.96 (100- 4H MA). US Oil has once again slightly declined after jumping till $50.96 at the time of writing. It is currently trading around $50.79. Short term trend...

Oct 24, 2016 10:56 am UTC| Technicals
On daily charts, the failure swings are now going in sideways but bearish bias, bounce above 7DMA may resume rallies max. up to 1.4425 or 1.4544 levels, and sustenance below can pull back slumps up to 1.4180...

FxWirePro: Buy USD/CAD above 1.3360
Oct 24, 2016 09:14 am UTC| Technicals
Major resistance 1.3360. Major support 1.327 (23.6% retracement of 1.30060 and 1.33549). Loonie breaks major resistance 1.33137 the top formed on Oct 7th 2016 and jumped till 1.33595 at the time of writing. It...

EUR/USD: 161.8% retracement and Bullish Divergence MACD
Oct 24, 2016 08:25 am UTC| Technicals
EUR/USD shown a continuous downside for the past ten trading session. It has declined till 1.08596 at the time of writing. The pair is currently trading around 1.08750. On the lower side, major support is around...