
FxWirePro: USD/SGD hovers around 1.36 mark, sustain a break above targets 1.3646
Jul 21, 2016 00:56 am UTC| Technicals
USD/SGD is currently trading around 1.3586 marks. It made intraday high at 1.3594 and low at 1.3565 levels. Intraday bias remains bullish till the time pair holds key support at 1.3527 marks. A daily close...
FxWirePro: GBP/USD consolidating around 1.3142, bias is bullish
Jul 20, 2016 18:59 pm UTC| Technicals
The Sterling surged higher against the greenback on Wednesday after data showed Britains jobless rate fell in May to its lowest level since 2005 as the labour market strengthened in the run-up to last months vote to leave...
FxWirePro: USD/CAD rises to hit one week high as oil prices decline, upside bias remains
Jul 20, 2016 14:11 pm UTC| Technicals
The USD/CAD pair rose sharply to hit one-weekhigh on Wednesday as the loonie was weighted down by falling oil prices and the International Monetary Fund cut Canadas global growth forecasts. Oil prices fell sharply as...

Jul 20, 2016 12:49 pm UTC| Technicals
Technical Inference: Silver prices have broken the strong support below at 19.527 levels (see intraday charts) but bulls are very much active ahead of ECBs action tomorrow. Subsequently, upon the sustenance below...

Jul 20, 2016 12:04 pm UTC| Technicals
Major trend line support - 1.10160 (trend line joining 1.07115 and 1.082115) Major intraday resistance - 1.1061 (7 day EMA) The pair has broken major support 1.0160 and declined till 1.09813 at the time of...

FxWirePro: AUD/USD breaks below 20-DMA, bias lower, stay short
Jul 20, 2016 11:46 am UTC| Technicals
Upbeat US housing starts buoyed USD, dragging AUD/USD lower. The pair has broken below 20-DMA on the daily charts, Techs remain bearish. Our previous call...

USD/CHF faces strong resistance at 0.9900, break above targets 0.9960/1.000
Jul 20, 2016 09:58 am UTC| Technicals
Major resistance 0.9900 (90 day EMA) The pair has taken support near 200 day MA and jumped from that level. It is currently trading around 0.98877. The pair made a temporary top around 0.98941 on Jul 12th and...