
Aug 03, 2017 11:12 am UTC| Technicals Central Banks
GBPUSD bulls in consolidation phase seem to be exhausted after the formation of back to back shooting star candles from last three days (daily charts), at 1.3203, 1.3223 and todays bearish candle with the big real body...

FxWirePro: EUR/NZD upside pauses at 61.8% Fibo, bias higher, good to go long on dips
Aug 03, 2017 10:18 am UTC| Technicals
EUR/NZD edges lower from session highs at 1.6027, bias remains bullish. Data released earlier today showed, EZ retail sales rose by 0.5% m/m in June, well above market expectations of a 0.1% rise. The final IHS...

FxWirePro: GBP/NZD edges lower from session highs at 1.7921, caution ahead of BoE
Aug 03, 2017 09:50 am UTC| Technicals
UK services PMI beat forecasts at 53.6, bounced to 53.8 in July versus a 53.4 reading in the previous month. UK July composite PMI prints at 54.1 vs June 53.8, points to steady but sluggish +0.3 pct Q3 GDP...

FxWirePro: USD/CAD trades higher on widening yield spreads, goo to buy on dips
Aug 03, 2017 08:41 am UTC| Technicals
USD/CAD has formed a bottom around 1.24132 on Jul 26th 2017 and recovering sharply from that level. The pair broken major resistance at 1.25760 and jumped till 1.26185 at the time of writing. It is currently trading around...

FxWirePro: USD/ZAR fails to sustain above 13.30 mark, bias remains neutral
Aug 03, 2017 08:17 am UTC| Technicals
USD/ZAR is currently trading around 13.25 levels. It made intraday high at 13.27 and low at 13.20 levels. Intraday bias remains neutral till the time pair holds key support at 13.19 mark. A daily close...

Aug 03, 2017 07:48 am UTC| Technicals Insights & Views
The bulls of AUDUSD seem to have been exhausted momentarily at the peaks of 0.8065 levels. On the flip side, the major trend has been drifting in range bounded trend, but for now, bulls have managed to break the long...

FxWirePro: AUD/JPY breaks below 20-DMA, bias lower, stay short
Aug 03, 2017 07:18 am UTC| Technicals
Aussie slumps across the board dented by weak Australia trade balance and downbeat China Caixin services PMI. Australias trade surplus narrowed more than expected in June, came-in at AUD 856 million vs. expected print...