FxWirePro: Aussie strengthens against major peers on robust employment data
Jul 19, 2018 01:47 am UTC| Technicals
AUD/NZD is currently trading around 1.0934 marks. Pair made intraday high at 1.0938 and low at 1.0879 marks. Intraday bias remains bullish till the time pair holds key support at 1.0860 mark. A sustained...
FxWirePro: CHF/JPY Daily Outlook
Jul 18, 2018 13:28 pm UTC| Technicals
CHF/JPY has declined slightly after showing a jump above 200- day MA. The pair jumped till 113.26 and declined slightly from that level. It has recovered more than 150 pips from the low of 111.85 (Jul 13th2018).The pair...
Jul 18, 2018 12:45 pm UTC| Technicals
GBP/USD has lost more than 250 pips from the high 1.32960 made on Monday on account of weak UK data and Brexit uncertainty. UK CPI Y-o-Y came at 2.4% compared to forecast 2.6% and core CPI came at 1.9% y-o-y slightly below...
FxWirePro: USD/JPY tests 113 handle, greenback buoyed after Powell's optimistic testimony
Jul 18, 2018 11:55 am UTC| Technicals
USD/JPY has hit fresh 6-month highs at 113.13 before paring some of the gains to currently trade at 112.96 levels. The greenback was buoyed across the board after Powells optimistic testimony. Fed Chairman Jerome...
FxWirePro: ETH/USD stops short of cloud resistance, slips below 500
Jul 18, 2018 11:34 am UTC| Digital Currency Technicals
ETH/USD broke above 500 levels and has hit 515 levels so far in the day. However, the pair seems to be struggling to hold above the 500 mark and is currently trading at 498 levels at press time (Coinbase). On the...
Jul 18, 2018 11:14 am UTC| Technicals
USD/CHF has shown a huge recovery of more than 100 pips after more hawkish statement Fed Chairman Powell.Fed Chairman Powell on his testimony on Tuesday mentioned that US economy is growing faster with job market remains...
FxWirePro: EUR/GBP breaks major trendline resistance at 0.89, eyes 61.8% Fib at 0.9044
Jul 18, 2018 11:08 am UTC| Technicals
EUR/GBP hits fresh 4-month highs at 0.8923, more upside on cards. GBP tumbled across the board after UKs inflation figures failed to meet expectations. UK headline CPI rose at an annualized 2.4% y/y missing...