
FxWirePro: USD/SGD hits fresh 2-week high at 1.3563, bias remains bullish
Jul 20, 2016 01:15 am UTC| Technicals
USD/SGD is currently trading around 1.3562 marks. It made intraday high at 1.3563 and low at 1.3522 levels. Intraday bias remains bullish till the time pair holds key support at 1.3522 marks. A daily close...
FxWirePro: GBP/USD outlook weaker on renewed downside pressure
Jul 19, 2016 19:06 pm UTC| Technicals
British pound declined sharply against US dollar on Tuesday as higher than expected British inflation figures for June did little to alter expectations that the Bank of England would ease monetary policy as early as next...
FxWirePro: EUR/USD pauses decline, downside risk remains
Jul 19, 2016 17:41 pm UTC| Technicals
EUR /USD pair declined on Tuesday as sellers stepped in following better than expected U.S. housing starts data supported the view that U.S. economy is gaining strength. Further gains for the pair should be limited as...
FxWirePro: AUD/USD slides on rate cut bet, bias back to downside
Jul 19, 2016 15:09 pm UTC| Technicals
The Australian dollar declined against US dollar on Tuesday as bets that Reserve Bank of Australia could ease monetary policy and encouraging US economic data weighted on Australian dollar. Data showed U.S. housing...

Jul 19, 2016 12:32 pm UTC| Technicals
Major resistance- 1.3020 (90 day EMA) Loonie is facing strong resistance at 90 day EMA and any short term bullishness only above that level. It is currently trading around 1.30185. Any indicative break above...

USD/CAD upside capped by 90 day EMA, break above targets 1.3125
Jul 19, 2016 12:06 pm UTC| Technicals
Major resistance- 1.3020 (90 day EMA) Loonie is facing strong resistance at 90 day EMA and any short term bullishness only above that level. It is currently trading around 1.30185. Any indicative break above...

Jul 19, 2016 10:05 am UTC| Technicals
Although the pair is testing supports at 7DMA, we are seeing stiff resistance at 21DMA. Having said that, from last 6 days upswings are drifting through sideways but capped at around 1.74 levels. Despite the attempts of...