FxWirePro: USD/JPY maintains bullish bias with focus on 115.00 levels
Jan 26, 2017 19:18 pm UTC| Technicals
USD/JPY rose on Thursday as dollar demand improved with higher global bond yields and stable stock markets. The U.S. dollar rebounded after its worst run since August as investors refocused on the chances of higher...
FxWirePro: EUR/USD dips below lower range, bearish bias increases
Jan 26, 2017 15:52 pm UTC| Technicals
The EUR /USD pair declined on Thursday as the dollar retreated as investors refocused on the chances of higher U.S. inflation and growth. Investor appetite for dollar improved with higher global bond yields and stable...
FxWirePro: USD/CHF faces strong support at 0.99575, break below confirms further weakness
Jan 26, 2017 12:24 pm UTC| Technicals
Major support 0.99575 (38.2% retracement of 0.95493 and 1.03436) Major resistance 1.0042 (10- day MA) USD/CHF has formed a bottom near 0.9960 and any slight weakness can be seen only below that level. It is...
Jan 26, 2017 11:58 am UTC| Technicals
Major resistance 87.20 (200- 4H MA and also 61.8% retracement of 88.66 and 84.80). Major support 86.27 (200 H MA) CAD/JPY breaks major trend line resistance at 86.60 and jumped sharply from that level. It is...
Jan 26, 2017 10:55 am UTC| Technicals
On daily charts, the bears manage to break pull back the rallies at stiff resistances of 1.2674, 1.2775, 1.2798 and 1.2866 (pivot points); the current prices remain well above DMAs with bullish crossover. The price...
FxWirePro:EUR/USD trades below trend line support, dip till 1.06579 likely
Jan 26, 2017 10:24 am UTC| Technicals
Major resistance 1.0815 (161.8%retraceemnt of 1.07196 and 1.05891). EUR/USD has broken major trend line support at 1.07400 and closed slightly below that level in the hourly chart. It is currently trading around...
FxWirePro:USD/CAD forms Bullish BAT Pattern, good to buy on dips
Jan 26, 2017 09:52 am UTC| Technicals
Pattern Formed Bullish Bat pattern Potential Reversal Zone -1.3000 The pair has formed Bullish BAT Pattern in the hourly chart and any slight weakness can be seen only below 1.3000 level. Loonie made a low...
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