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FxWirePro: USD/RUB remains well supported above 63.00 mark, bias remains neutral

Jul 15, 2016 08:22 am UTC| Technicals

USD/RUB is currently trading around 63.16 levels. It made intraday high at 63.28 and low at 62.66 levels. Intraday bias remains neutral for the moment. Pair is moving well in range bound directions. A break...

FxWirePro: AUD/USD fades spike to 0.7676, upside intact as long as pair holds 61.8% Fib support at 0.7571

Jul 15, 2016 07:42 am UTC| Technicals

AUD/USD jumped to highest level since early May after the release of upbeat Chinese economic data. The pair largely ignored slightly weaker-than-expected Australian employment details on Thursday amidst broadly weaker...

FxWirePro:CAD/JPY takes support near trend line , targets 83

Jul 15, 2016 07:21 am UTC| Technicals

Major support 81.69 (trend line joining 80.12 and 81.37) The pair declined till 81.70 at the time of writing after making a high of 82.518. It is currently trading around 82.03. In thehourly chart the pair...

FxWirePro: USD/CNY hits fresh weekly low at 6.6791, PBOC sets yuan mid-point at 6.6805

Jul 15, 2016 07:02 am UTC| Technicals

USD/CNY is currently trading around 6.6833 marks. It made intraday high at 6.6847 and low at 6.6791 levels. Intraday bias remains neutral for the moment. On the top side, a sustained close above 6.6923 mark...

FxWirePro: EUR/JPY edges lower from 3-week high, bias higher

Jul 15, 2016 07:00 am UTC| Technicals

EUR/JPY has bounced off 20-DMA support at 114.90 earlier this week and is holding the break above major trendline resistance at 116.42. Near-term bias for the pair remains bullish, weakness only on break below 20-DMA...

FxWirePro: NZD/CAD breaks major support at 0.9290, near-term bias bearish

Jul 15, 2016 06:53 am UTC| Technicals

NZD/CAD has breached major trendline support at 0.9290. Near-trem bias is bearish. The pair is currently holding above minor support at 0.9211 (July 1st lows). Downside to resume on break below. Techs on daily...

FxWirePro: AUD/USD bulls seem restrained again at resistances of 0.7660 – Tunnel spreads for speculators

Jul 15, 2016 06:36 am UTC| Technicals

Upside potential confined at resistance of 0.7660 The close watch on AUD/USDs attempts of rejection at resistance at 0.7660 that may expose the pair to head back downwards which would likely to create more bearish...

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Economy

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Technology

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