FxWirePro: USD/JPY loses momentum but outlook is bullish
Feb 21, 2017 18:21 pm UTC| Technicals
USD/JPY dipped slightly in the US session on Tuesday as investors took profits after dollar rose on the view that Federal Reserve might raise interest rates in March. Investors were looking ahead to Wednesdays release...
FxWirePro: USD/CAD consolidating around 1.3139, bias is bullish
Feb 21, 2017 16:12 pm UTC| Technicals
The USD/CAD pair rose on Tuesday after renewed expectations of an increase in U.S. interest rates next month pushed the dollar higher. Dollar spiked after hawkish comments from Cleveland Fed President Loretta Mester...
FxWirePro: EUR/USD heads deeper into bear territory after Fed hints of March rate rise
Feb 21, 2017 14:37 pm UTC| Technicals
The EUR /USD pair declined on Tuesday as dollar rose across the board after Federal Reserve policymaker hinted a potential U.S. interest rates rise next month, turning attention to the bullish fundamentals of the worlds...
Feb 21, 2017 13:06 pm UTC| Technicals
Major intraday support - 1.23800 (Feb 15th 2017 low) Major Resistance 1.2505 (trend line joining 1.25820 and 1.25482) Cable has once again declined after making a high of 1.2480.It is currently trading around...
EUR/USD faces strong support at 1.05200, break below targets 1.04500/1.03400
Feb 21, 2017 12:36 pm UTC| Technicals
Major resistance- 1.0623 (200- day MA) Major support 1.05200 EUR/USD has broken major support at 1.05800 and declined till 1.05333 at the time of writing. The pair is facing major support at 1.05200 and any...
GBP/USD forms contracting triangle pattern, break below 1.2400 targets 1.2260
Feb 21, 2017 12:31 pm UTC| Technicals
Major intraday support - 1.23800 (Feb 15th 2017 low) Major Resistance 1.2505 (trend line joining 1.25820 and 1.25482). Cable has once again declined after making a high of 1.2480.It is currently trading around...
FTSE100 breaks minor trend line support, decline till 7214 likely
Feb 21, 2017 09:17 am UTC| Technicals
Chart pattern formed Double top Major support - 7280 (trend line joining 7145 and 7253) Major resistance- 7322 FTSE100 has formed a temporary top around 7322 and started to decline from that level. It is...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects