
FxWirePro: GBP dichotomies - Technicals now move in sync with fundamental sentiments
Jul 07, 2016 12:56 pm UTC| Economy Technicals
A few words on Brexit sentiments: Arent you aware of the sentiments of lingering sentiments that can never be disregarded? The threat that gradually but certainly spreads through your some part of the economy and then...

Jul 07, 2016 12:37 pm UTC| Technicals
Major support 1.2934 (trend line joining 1.29649 and 1.29475) Major intraday resistance- 1.2985 (Jul 7th 2016 high at the time of writing). USD/CAD has retreated after making a high of 1.29840 level. It is...

FxWirePro: US oil faces strong support at $47, good to buy at dips
Jul 07, 2016 10:52 am UTC| Technicals
Major support - $47.05 (200 15 min MA) US oil recovered slightly from the low of $47.32 at the time of writing. It is currently trading around $48. Short term trend is slightly bullish as long as support $47.05...

USD/CAD breaks minor trend line support, decline till 1.2865/1.2835 is possible
Jul 07, 2016 08:48 am UTC| Technicals
Major support 1.2934 (trend line joining 1.29649 and 1.29475) Major intraday resistance- 1.2985 (Jul 7th 2016 high at the time of writing) USD/CAD has retreated after making a high of 1.29840 level. It is...

FxWirePro: EUR/NOK rejects 9.40 mark, bias remains neutral
Jul 07, 2016 08:06 am UTC| Technicals
EUR/NOK is currently trading at 9.3714 levels. It made intraday high at 9.3772 and low at 9.3370 levels. Intraday bias remains neutral for the moment but upside likely to be limited. A daily close below key...

Jul 07, 2016 07:59 am UTC| Technicals
Bull swings have shown supply zone at trendline resistance on daily charts. In previous two months, the pair has shown a considerable price recovery from 0.9389 levels to the current 0.9715 levels. But the current...

FxWirePro: EUR/GBP rejected at highs, retraces back to 0.8550
Jul 07, 2016 07:34 am UTC| Technicals
EUR/GBP struggles to keep gains above 0.86 handle, retraces back to 0.8550 levels. Expectations of further monetary easing by BoE lifted the pair to its highest level since late August 2013 on Wednesday. The pair...