FxWirePro: EUR/USD maintains bullish bias with focus on 1.2000 level
Aug 28, 2017 15:19 pm UTC| Technicals
The EUR/USD edged higher on Monday as dollar declined following comments from central bankers on Friday and worries over Tropical Storm Harvey. The greenback extended losses after tumbling on Friday after U.S. Federal...
FxWirePro: USD/CAD neutral in the near-term, scope for downward resumption
Aug 28, 2017 14:41 pm UTC| Technicals
The USD/CAD pair declined on Monday as greenback extending losses after a central bank meeting in Jackson Hole, Wyoming as markets worried about the impact of Tropical Storm Harvey on the U.S. economy. The U.S....

Aug 28, 2017 10:51 am UTC| Technicals
USDCHF rejects at major resistances of 0.9770 and 0.97 levels. Ever since it has dropped at this resistance level you see consistent price drops. Last Friday, you could figure out a bearish candle with big real body...

FxWirePro: GBP/AUD bounces off 5-DMA support, 20-DMA at 1.6373 in sight
Aug 28, 2017 10:50 am UTC| Technicals
GBP/AUD extends upside after gap-up open, eyes 20-DMA at 1.6373. Overall bias is lower. The pair is trading in a slopping channel. Finds stiff resistance at 4H cloud. Break above 4H cloud targets 20-DMA at...

FxWirePro: Weekly 200-SMA caps upside in AUD/USD, good to go long on break above
Aug 28, 2017 10:11 am UTC| Technicals
AUD/USD spikes higher on a broadly weaker US dollar, breaks major resistance at 0.7925. The greenback weakened after Feds Chair didnt mention the economy, neither signals about the path of monetary policy. The...

FxWirePro: NZD/USD rejected at highs, slips below 5-DMA, intraday bias bearish.
Aug 28, 2017 08:28 am UTC| Technicals
NZD/USD fails to hold break above 5-DMA, slips lower from session highs at 0.7255 to currently trade at 0.7231. Technical studies are heavily bearish. We see scope for test of 100-DMA at 0.7174 on break below 0.72...

Aug 28, 2017 07:48 am UTC| Technicals
On daily terms, NZDUSD rallies are restrained below 7DMAs. The prices attempt to breach below strong support at 0.72 levels. During August month, the price behaviour tumbles after the failure swings at 50% Fibonacci...