
Jun 29, 2016 07:58 am UTC| Technicals
You judge or dodge our analysis on this pair; here are some of the statistical evidences of the historic outcomes of our forecasts. Just have a glance on it and then youre free to comment your critics. Its been...

FxWirePro: EUR/GBP rejected at highs by 0.8320, slips below the 0.83 handle, German CPI data awaited
Jun 29, 2016 07:37 am UTC| Technicals
Prevalent political uncertainty and economic implication of UKs decision to leave the European Union is likely to restrict any swift recovery for the British Pound. UK PM David Cameron is set to meet other EU leaders...

FxWirePro: South African rand strengthens against US dollar, likely to break 15.00 mark
Jun 29, 2016 07:18 am UTC| Technicals
USD/ZAR is currently trading around 15.07 levels. It made intraday high at 15.20 and low at 15.02 levels. Intraday bias remains bearish till the time pair holds key resistance at 15.28 marks. A daily close...

Jun 29, 2016 07:10 am UTC| Technicals
Major intraday resistance- 9586 (55 H EMA) Major intraday support- 9420 (21 H MA) The index has broken psychological resistance 9500 yesterday and jumped till 9590 at the time of writing. It is currently trading...

FxWirePro: CAD/JPY faces strong resistance at 3 day EMA, good to sell on rallies
Jun 29, 2016 06:43 am UTC| Technicals
Major resistance 79.05 (3 day EMA) Major support 77.45 The pair has made a high of 78.93 yesterday and slightly declined from that level. It is currently trading around 78.46. CAD/JPY major resistance is...

FxWirePro: AUD/NZD whipsaws 7DMA, major trend seems weaker after breaching supports at 1.0568
Jun 29, 2016 06:31 am UTC| Technicals
AUD/NZD bulls seem to have exhausted at channel resistance, spinning top and long legged doji send bearish signals at this juncture. Any spikes in Aussie dollar are absolutely suppressed by Kiwi dollar ever since the...

FxWirePro: EUR/AUD capped below major trendline resistance at 1.50, bias higher
Jun 29, 2016 06:25 am UTC| Technicals
EUR/AUD capped below major trendline resistance at 1.50, we see Doji formation on daily charts in the Asian session. Data released earlier today showed that Australias new Home Sales dropped 4.4% in May, following a...