
FxWirePro: USD/JPY hovers around key resistance at 108.04, intraday bias remains slightly bullish
Apr 12, 2016 00:55 am UTC| Technicals
USD/JPY is currently trading around 108.11 marks. It made intraday high at 108.26 and low at 107.87 levels. Today Japan released bank lending data with negative numbers at 2.0% m/m vs 2.2% previous...
FxWirePro: GBP/USD changes short term trend from bearish to bullish
Apr 11, 2016 19:08 pm UTC| Technicals
The British pound surged strongly towards 1.4287 against the greenback, after hitting as low as 1.4107 levels earlier in European session as the pair found strong buying interest on the day. Further direction in this...

Apr 11, 2016 15:34 pm UTC| Technicals
We had advocated a 3-way straddle versus OTM Call on 31st March, by now the shorts on those calls would have fetched a handsome returns. Refer below link for mire readings on earlier...

Apr 11, 2016 15:08 pm UTC| Insights & Views Technicals
CNBs (Czech National Bank) latest board minutes confirm that the CB has actively been debating negative interest rates. The bulk of board members still ponder that there is no need for this tool and that it could...
FxWirePro: USD/CAD resumes downside as oil prices rally, more downside expected
Apr 11, 2016 14:29 pm UTC| Technicals
The USD/CAD declined sharply on Monday, falling up to 1.2900 levels in the early US session as strong advance in oil prices kept the Canadian dollar on the higher side against the dollar. The currency pair is trading...
FxWirePro:Gold keeps gains on safe heaven demand and cautions Fed
Apr 11, 2016 14:00 pm UTC| Technicals
Gold prices inched higher at the beginning of the week, with yellow metal hitting highest at 1254 an ounce in the early European session, before retreating back towards 1251 levels. Weak economic data and uncertainty...
FxWirePro: AUD/USD intraday upside momentum strong after commodities rally
Apr 11, 2016 13:53 pm UTC| Technicals
AUD/USD inched higher on Monday as Australian dollar was helped by rally in commodities prices but gains were as the pair found resistance at 0.7600 levels. In the next session Australia will release NAB Business...