FxWirePro: AUD/USD declines to hit 4-day lows but bias is still bullish
Apr 21, 2016 19:46 pm UTC| Technicals
AUD/USD declined to trade in lower range on Thursday as risk appetite took over financial markets after ECB press conference. The pair broke below the 0.7760 support level in the US session and hit low at 0.7732,...
FxWirePro: USD/JPY maintains bullish bias with focus on 110.00
Apr 21, 2016 18:11 pm UTC| Technicals
The USD/JPY pair inched higher towards 109.80 on Thursday, a fresh 2-week high, as demand for risker assets increased following yesterdays positive US housing data. The major pair traded higher for most of the day,...
FxWirePro: Gold rallies to 1-month high, scope for further upside
Apr 21, 2016 15:29 pm UTC| Technicals
Gold retreated towards 1249 levels in volatile session on Thursday as dollar firmed after ECB press conference. The yellow metal initially jumped after European Central Bank President Mario Draghi said the monetary...
FxWirePro: EUR/USD runs out of steam but maintains bullish outlook
Apr 21, 2016 14:09 pm UTC| Technicals
The EUR/USD rose towards 1.1400 levels on Thursday after European Central Bank held interest rate unchanged at record lows followed by ECB press conference. The pair surged strongly at the beginning of the US session...
FxWirePro: USD/CAD gains some upside but bias still bearish
Apr 21, 2016 13:18 pm UTC| Technicals
The USD/CAD fell down towards 1.2630, a fresh 9-month low as the pair was weighted down by strong Canadian dollar. However, the pair recovered some ground in the early US session, as oil prices dipped slightly following...
Apr 21, 2016 13:00 pm UTC| Technicals
Technical Watch: Euro gains almost against all majors after ECBs monetary policy remained in line with forecasts. Thedeposit rate, charged on commercial bank deposits at the ECB, remained at -0.4% and the marginal...
FxWirePro: CHF/JPY struggles to break below 112.80, good to buy at dips
Apr 21, 2016 12:12 pm UTC| Technicals
Major resistance 114 Major support 112.80 The pair has made a slightly recovered after making a low of 112.80. It is currently trading at 113.10 Short term trend is slightly bullish as long as support...
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