FxWirePro: USD/SGD rejects key resistance at 1.3698 mark, bias remains neutral
Sep 20, 2016 01:44 am UTC| Technicals
USD/SGD is currently trading around 1.3621 marks. It made intraday high at 1.3631 and low at 1.3612 levels. Intraday bias remains neutral till the time pair holds key resistance at 1.3698 marks. A daily...
FxWirePro: GBP/USD gains some upside momentum but still bearish
Sep 19, 2016 18:37 pm UTC| Technicals
GBP/USD inched higher on Monday, as traders bought back the currency after it fell below $1.30 for the first time in a month on Friday. A weaker U.S. dollar also added to gains for the Sterling as the dollar slipped...
FxWirePro: EUR/USD bearish despite upside attempts
Sep 19, 2016 16:01 pm UTC| Technicals
The EUR/USD inched higher at the beginning of the US session as the pair found strong buying interest on Monday as dollar was hurt by waning expectations that the Federal Reserve will raise interest rates in the upcoming...
FxWirePro: USD/CAD loses momentum but outlook is bullish
Sep 19, 2016 13:45 pm UTC| Technicals
USD/CAD declined on Monday as the commodity relegated Canadian dollar capitalized after oil prices recovered from multi-week lows after Venezuela said OPEC and non-OPEC producers were close to a deal to stabilise the...
Sep 19, 2016 12:34 pm UTC| Technicals
Major support 1.1144 (200- day MA). Major resistance - 1.1203 (100- day MA). EUR/USD has taken support near 200- day MA and slightly jumped from that level. It is currently trading around 1.11627. In the...
Sep 19, 2016 12:10 pm UTC| Technicals
The pair forms inverted head and shoulder pattern with thehead at 1.2768, 1st shoulder at 1.2861 and 2nd shoulder at 1.2822 levels. From last four consecutive days, the dollar seems to have taken a halt from its...
FxWirePro: EUR/USD takes support near 200- day MA, good to sell on rallies
Sep 19, 2016 11:36 am UTC| Technicals
Major support 1.1144 (200- day MA). Major resistance - 1.1203 (100- day MA). EUR/USD has taken support near 200- day MA and slightly jumped from that level. It is currently trading around 1.11627. In the...
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