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FxWirePro: EUR/GBP weak, upbeat UK service PMI could spur further falls

Aug 05, 2015 08:20 am UTC| Technicals

EUR/GBP is trading at multi-day lows by 0.6969 and is consolidating below the 0.70 handle 10 30-DMAs are negatively aligned, reinforcing the overall bearish bias Immediate support is seen at 0.6965, breaks below which...

FxWirePro: EUR/USD downside gathers momentum ahead of EZ final services PMI data

Aug 05, 2015 07:34 am UTC| Technicals

Euro is extending its downside momentum into a third-day against the US dollar on Wednesday EUR/USD opened days trade at 1.0879, fell to lows of 1.0847 and is currently trading at 1.0862 Downside in the pair is again...

FxWirePro: NZD/USD lower on soft NZ Jobs data and Dairy price plunge

Aug 05, 2015 06:00 am UTC| Technicals

Comments by Feds Lockhart overnight drove the greenback higher across the board GlobalTradeDairy auctions were 9.3% lower, taking the level of dairy prices to around 12 year lows Soft NZ jobs data which leaves door open...

FxWirePro: AUD/USD edges lower, broad USD strength weighs

Aug 05, 2015 05:31 am UTC| Technicals

AUD bulls take a breather after the recent upsurge, ignore stronger than expected Chinese services PMI data AUD/USD opened Wed 0.7377 and traded a 0.7349-83 range, loses some shine in wake of Lockharts comments...

FxWirePro: USD/JPY on track to reclaim 124.50 levels

Aug 05, 2015 04:36 am UTC| Technicals

Broad based US dollar strength pushing USD/JPY higher, trades closer to key 124.50 levels Fed Lockharts comments that Sept would be the appropriate time to raise interest rates boosted the buck Poor Japanese services PMI...

FxWirePro: AUD/USD key resistance at 0.7450, sell deals are recommended below 0.7430

Aug 04, 2015 14:10 pm UTC| Technicals

AUD/USD rebounded strongly after RBA statement earlier in Asian session. The pair hit daily high at 0.7406 levels and is retreating back from highs. The pair is expected to decline further towards 0.7370 and later 0.7350...

FxWirePro: USD/CHF key support at 0.9686, buy deals are recommended above 0.9670

Aug 04, 2015 13:02 pm UTC| Technicals

USD/CHF pair is approaching support level 0.9686, the support level at 0.9686 is set hold the bears and push pair further up. The pair is currently trading around 0.9698 levels. It is expected to, advance further...

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