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...
Apr 18, 2016 11:31 am UTC| Technicals
Technical watch: USDCAD bounces were restrained at trend line resistance at 1.2989 levels. From last four days, the pair bounced from the lows of 1.2743 levels to 1.2989, thats where it tested resistance at that...
FxWirePro: EUR/USD faces strong resistance around 1.1380, good to sell on rallies
Apr 18, 2016 10:59 am UTC| Technicals
Major intraday resistance - 1.1320 (7 day EMA) Major resistance - 1.13766 (61.8% retracement of 1.1464 and 1.12337) The pair has jumped till 1.13168 yester day and declined from that level. It is currently...
FxWirePro: USD/CAD faces minor resistance at 1.3000, good to sell on rallies
Apr 18, 2016 09:41 am 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...
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