FxWirePro: GBP/USD consolidating around 1.4286, bias is bullish
Apr 18, 2016 18:54 pm UTC| Technicals
The GBP/USD pair surged strongly on Monday as the world stocks market recovered and increased demand for European currencies supported British pound. The Pound advanced up to 1.4291 after US market opened, but after a...
FxWirePro: EUR/USD resumes upside after breaking resistance level at 1.1300
Apr 18, 2016 16:54 pm UTC| Technicals
The EUR/USD pair inched higher on Monday as the pair attracted buyers as weak dollar and falling oil prices increased the demand for euro. The pair initially dipped towards 1.1274 levels in the early European session....
FxWirePro: Gold dips towards lower range but bias remains bullish
Apr 18, 2016 16:30 pm UTC| Technicals
The yellow metal traded higher on Monday, as dollar declined slightly and European shares dipped following no deal between oil producers to cut oil output which sent oil prices down. Gold prices have come under severe...
FxWirePro: AUD/USD changes short term trend from bearish to bulish
Apr 18, 2016 15:09 pm UTC| Technicals
AUD/USD opened on Monday with big gap and slipped towards 0.7629 levels after oil producing countries failed to agree on output cut, putting pressure on oil prices which slipped back below $40 per barrel. However, the pair...
FxWirePro: USD/CAD stronger after crude oil prices falls, outlook remains bullish
Apr 18, 2016 13:39 pm UTC| Technicals
USD/CAD opened with gap in todays Asian session and jumped towards higher levels after major oil exporters failed to agree on an output freeze, sending oil prices lower once again. The Canadian dollar has weakened...

Apr 18, 2016 12:02 pm UTC| Technicals
Minor resistance 1.3000 Major trend reversal level- 1.3060 The pair has opened up at 1.29850 compared to previous close of 1.28110. It has jumped till 1.29896 at the time of writing. It is currently trading...

FxWirePro: GBP/NZD extends downside along falling wedge top, hits new 11-month lows at 2.0417
Apr 18, 2016 11:56 am UTC| Technicals
GBP/NZD has been trading a falling wedge formation and has resumed downside to hit fresh 11-month lows at 2.0417. Upbeat New Zealand CPI numbers boosted the Kiwi, pushing GBP/NZD lower. Our previous call...