FxWirePro: USD/CAD consolidating around 1.3577, bias is bullish
Apr 26, 2017 14:16 pm UTC| Technicals
The USD/CAD pair continued to inch higher on Wednesday as the loonie was pressured by lower oil prices and investors turned their attention to U.S. President Donald Trumps promised announcement on tax cuts. Oil prices...
FxWirePro: USD/JPY maintains bullish bias with focus on 112.00 levels
Apr 26, 2017 13:59 pm UTC| Technicals
USD/JPY inched higher on Wednesday as investors awaited President Donald Trumps announcement on tax reform and remained optimistic that the government would avert a shutdown. U.S. President Donald Trump will release a...

FxWirePro: EUR/USD retreats from the high as markets await Trump tax reform, good to sell on rallies
Apr 26, 2017 13:05 pm UTC| Technicals
EUR/USD breaks the high of 1.09058 and jumped till 1.09508 at the time of writing. The upward bias of EUR/USD is losing some momentum and broken back below 1.2900. Market attention now turn towards US tax reform plans...

FxWirePro: USD/CAD trades higher on U.S trade war, jump till 1.3700 likely
Apr 26, 2017 12:04 pm UTC| Technicals
The Canadian dollar fell to 4- month low after US slapped new anti-subsidy duties on Canadian softwood lumber imports. The pair broken the major resistance of 1.35985 high made on Dec 28th 2016 and jumped till 1.36264...

Apr 26, 2017 11:26 am UTC| Technicals
Major horizontal resistance 1.5845-1.5850. EURNZD hits the high of 1.58406 at the time of writing and shown a huge decline from the high. It has declined till 1.57635 and is currently trading around 1.57761. The...

FxWirePro: EUR/NZD faces strong horizontal resistance at 1.5850, good to sell on rallies
Apr 26, 2017 09:41 am UTC| Technicals
Major horizontal resistance 1.5845-1.5850. EURNZD hits the high of 1.58406 at the time of writing and shown a huge decline from the high. It has declined till 1.57635 and is currently trading around 1.57910. The...

FxWirePro: Indian rupee strengthens against U.S. dollar, hits highest level since August 2015
Apr 26, 2017 08:18 am UTC| Technicals
USD/INR is currently trading around 64.08 marks. It made intraday high at 64.35 and low at 63.94 marks. Intraday bias remains bearish till the time pair holds key resistance at 64.52 marks. Key resistances...