FxWirePro: Japanese Yen strengthens on the back of higher than expected core machinery orders
Apr 11, 2016 01:03 am UTC| Technicals
USD/JPY is currently trading around 107.98 marks. It made intraday high at 108.32 and low at 107.87 levels. Today Japan released core machinery orders data with positive numbers. Private sector machinery...
FxWirePro: USD/CHF declines towards 0.9535, but reversal is likely
Apr 08, 2016 15:08 pm UTC| Technicals
The USD/CHF has slipped back towards 0.9525 levels, after failing to break résistance level at 0.9566. The pair has been trading in a narrow range lately, and strong rebound is expected to take place sooner from...
FxWirePro: USD/CAD hits 1-week low, scope for further downside
Apr 08, 2016 14:31 pm UTC| Technicals
The USD/CAD plummeted towards 1.3000 levels after Canadian employment data showed sharp rise in March. In quick succession the pair hit daily low of 1.3000, wiping out earlier gains. Canada added far more jobs than...
FxWirePro: GBP/USD rises above towards 1.4100 levels, a key barrier ahead
Apr 08, 2016 13:54 pm UTC| Technicals
GBP/USD declined on Friday as the greenback rose against sterling following soft UK industrial output data. Industrial output data declined 0.3 percent in February to give 0.5 fall on the year, its biggest drop since...
FxWirePro: USD/JPY neutral near-term, scope for downward resumption
Apr 08, 2016 13:37 pm UTC| Technicals
The USD/JPY pair is trading around the 108.60 levels, as the pair recovered some ground on Friday after Japans finance ministers warned against rapid yen rise. The pair reached a daily high of 109.10 after the release...
Apr 08, 2016 10:22 am UTC| Technicals
Major resistance 1.4182 Major support 1.4000 The pair has slightly retreating after making a high of 1.4140. It is currently trading around 1.40968. On the higher side minor resistance is around 1.4150 and...
FxWirePro: GBP/USD faces major resistance at 1.4180, good to sell on rallies
Apr 08, 2016 09:29 am UTC| Technicals
Major resistance 1.4182 Major support 1.4000 The pair has slightly retreating after making a high of 1.4140. It is currently trading around 1.40968. On the higher side minor resistance is around 1.4150 and...
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