FxWirePro: EUR/USD remains bullish as rally continues
Jun 06, 2016 14:56 pm UTC| Technicals
EUR/USD inched higher on Monday as dollar attracted seller after poor payrolls report caused investors to rule out the chance of a US interest rate increase next week. Traders await clues on the rate hike timings from...
Jun 06, 2016 13:21 pm UTC| Technicals
Today, sterling tumbled 1% against the dollar to hit three-week lows, while the cost of hedging against swings over the coming month traded at its highest since early 2009 on growing concerns over whether Britain will stay...
Jun 06, 2016 12:02 pm UTC| Technicals
Major resistance- 155.15 (Hourly Kijun-Sen) The pair has broken minor resistance 153.85 (hourly Tenken-Sen) and jumped till 154.85. It is currently trading around 154.62. In the hourly chart the pair should close...
FxWirePro: EUR/USD faces strong resistance at 1.1400, good to buy at dips
Jun 06, 2016 11:04 am UTC| Technicals
Major support 1.1299 (200 4 H MA) EUR/USD has jumped drastically on Friday due to weaker than expected US jobs data. It is currently trading around 1.13478. The U.S economy has added only 38k jobs in the month...
Jun 06, 2016 10:46 am UTC| Technicals
Bulls halted again and current prices drift below DMAs but testing support at 1.2905, the breach below exposes more downside potential, else bulls have equal chances. Bulls in thedollar have tested resistance at 1.3145...
GBP/JPY faces resistance at 155.15, break above targets 157.20/158
Jun 06, 2016 09:45 am UTC| Technicals
Major resistance- 155.15 (Hourly Kijun-Sen) The pair has broken minor resistance 153.85 (hourly Tenken-Sen) and jumped till 154.85. It is currently trading around 154.62. In the hourly-chart the pair should close...
FxWirePro: AUD/CAD breaks major trendline resistance, on track to test 50-DMA
Jun 06, 2016 08:48 am UTC| Technicals
AUD/CAD has broken above stiff resistance in 0.9495-0.95 area and is on track to test 50-DMA at 0.9641. Price action on the day was rejected at lows by 0.9487, and the pair is currently above the 0.95 handle at 0.9536...
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