
FxWirePro: USD/JPY breaks major resistance at 106.40, good to go long on dips
Jul 25, 2016 01:43 am UTC| Technicals
Speculation that the BoJ will be adding further stimulus very soon is keeping the yen subdued. USD/JPY has broken major trendline support at 106.40, has hit session highs at 106.72 before pating some gains to...

FxWirePro: Singapore dollar falls in early hours of Asia ahead of CPI data
Jul 25, 2016 01:07 am UTC| Technicals
USD/SGD is currently trading around 1.3613 marks. It made intraday high at 1.3619 and low at 1.3573 levels. Intraday bias remains bullish till the time pair holds key support at 1.3539 marks. A daily close...
FxWirePro: USD/CAD consolidating around 1.3158, bias is remains bullish
Jul 22, 2016 14:33 pm UTC| Technicals
The USD/CAD pair continued its rise on Friday, as the Canadian dollar weakened as the prices of oil declined further and stronger U.S. dollar added to further losses for the loonie. The greenback edged up against a...
FxWirePro: AUD/USD intraday outlook weaker on renewed downside pressure
Jul 22, 2016 13:41 pm UTC| Technicals
The AUD/USD pair declined on Friday, as the pair was weighted down on the view that coming inflation data would trigger rate cut by Reserve Bank of Australia while Thursdays upbeat US data boosted dollar across the...

Jul 22, 2016 12:38 pm UTC| Technicals
Major resistance 1.3140 (Jul 11th 2016 high) Major support 1.3082 (4H Tenkan-Sen) Loonie has once again retreated after making a high of 1.3138. It is currently trading around 1.31220. USD/CAD has formed...

Jul 22, 2016 12:02 pm UTC| Technicals
Major resistance 1.3140 (Jul 11th 2016 high) Major support 1.3082 (4H Tenkan-Sen) Loonie has once again retreated after making a high of 1.3138. It is currently trading around 1.31220. USD/CAD has formed a...

Jul 22, 2016 10:23 am UTC| Technicals
After non-stop streaks of slumps from the highs of 0.7445, the current prices are now testing supports at 21DMA. Any attempts of spike have now been struggling below 7DMA levels and it should only be deemed as a fresh...