
Feb 11, 2016 13:19 pm UTC| Technicals
The AUD/USD and USD/CAD belong to the commodity block and are sensitive to common factors like Fed policy, commodity prices and China growth. The relationship is currently not linear, meaning that one pair reacts more than...

FxWirePro: EUR/USD faces major support at 1.1250, good to buy at dips
Feb 11, 2016 12:31 pm UTC| Technicals
The pair has retreated after making a high of 1.1356 at the time of writing. It is currently trading around 1.13190. Short term trend is bullish as long as support 1.1250 holds. On the lower side major support...

Aussie recovers above 0.70 marks, crashed by 100 pips during London session
Feb 11, 2016 11:32 am UTC| Technicals
Pair is currently trading at $0.7041 levels. It made intraday high at $0.7153 and low at $0.6983 levels. A daily close above $0.7241 will bring another rise. On the other side, deeper fall should be seen for...

Yen rise is eroding positive effects of Abe's stimulus policies; will the BoJ step in?
Feb 11, 2016 10:27 am UTC| Technicals
Risk appetite disappeared quickly yesterday evening after Yellens testimony. The SP500 future was 1.4% lower than at the European close. US bond yields dropped sharply, with the 2Y yield down 4bp to 69bp and the 10Y yield...

Feb 11, 2016 10:19 am UTC| Technicals
Pair is currently supported below 1.40 marks and trading at 1.3975 levels. It made intraday high at 1.3999 and low at 1.3882 levels. Intraday bias remains bearish below 1.4102 marks. Above 1.4102 key...

Feb 11, 2016 10:03 am UTC| Technicals
Major resistance - 1.4580 (trend line joining 1.5240 and 1.46633) Cable has retreated after making a high of 1.4578. It is currently trading around 1.4488. Short term is weak as long as resistance 1.4580...

FxWirePro: GBP/USD faces strong resistance around 1.4580, good to sell on rallies
Feb 11, 2016 09:11 am UTC| Technicals
Major resistance - 1.4580 (trend line joining 1.5240 and 1.46633) Cable has retreated after making a high of 1.4578. It is currently trading around 1.4488. Short term is weak as long as resistance 1.4580 holds. On the...