
FxWirePro: Aussie gains against major peers ahead of CPI data
Jul 27, 2016 01:03 am UTC| Technicals
AUD/NZD is currently trading around 1.0654 marks. Pair made intraday high at 1.0656 and low at 1.0623 marks. Intraday bias remains bullish till the time pair holds key support at 1.0610 levels. On the top...
FxWirePro: EUR/USD changes short term trend from neutral to bearish
Jul 26, 2016 19:38 pm UTC| Technicals
EUR declined against US dollar on Tuesday after data showed U.S. consumer confidence held steady in July and new single-family home sales hit their highest level in nearly 8-1/2 years in June. The pair extended its...
FxWirePro: USD/JPY pauses decline, scope for further upside
Jul 26, 2016 17:57 pm UTC| Technicals
USD/JPY has paused its declined as positive US economic data released earlier in the US session limited the pairs downside. Further downside is expected to be limited as the pair finds strong support at 103.67 which...

Jul 26, 2016 12:12 pm UTC| Technicals
Major support 0.9850 (200 day MA) The pair has recovered sharply after making a low of 0.9835.It is currently trading around 0.98873. The pair is struggling to close below 200 day MA any weakness can be seen...

FxWirePro: USD/CHF struggles to close below 200 day MA, good to buy on dips
Jul 26, 2016 11:26 am UTC| Technicals
Major support 0.9850 (200 day MA) The pair has recovered sharply after making a low of 0.9835.It is currently trading around 0.98873. The pair is struggling to close below 200 day MA any weakness can be seen...

FxWirePro: US Dollar index faces strong resistance at 97.60, good to sell on rallies
Jul 26, 2016 10:51 am UTC| Technicals
Major resistance 97.60 (trend line joining 96.79 and 97.32). Major support - 96.70 The index has retreated after making a high of 97.45 yesterday. It is currently trading around 96.95. Short term trend is...

Jul 26, 2016 08:57 am UTC| Technicals
We could still foresee weakness in CADJPY when we consider the intermediate and long term trend of this pair. The downswings on weekly graphs have been consistently testing resistance at 21EMA. These downswings are...