
FxWirePro: Japanese yen strengthens against U.S. dollar on robust GDP data
May 18, 2017 01:41 am UTC| Technicals
USD/JPY is currently trading around 110.92 marks. It made intraday high at 111.22 and low at 110.52 levels. Intraday bias remains bearish till the time pair holds key resistance at 112.62 marks. A daily...
FxWirePro: USD/CAD pauses decline, downside risk remains
May 17, 2017 15:59 pm UTC| Technicals
The USD/CAD pair declined on Wednesday as oil rose and the greenback was broadly weaker amid political turmoil and weak economic data. Oil prices rose on after U.S. government data showed a decline in domestic crude...
FxWirePro: GBP/USD runs out of steam but maintains bullish outlook
May 17, 2017 15:52 pm UTC| Technicals
The GBP/USD pair strengthened on Wednesday as speculation that U.S. President Donald Trump could face the threat of impeachment triggered dollar sell-off across the board. News reports emerged on Tuesday that Trump...
FxWirePro: EUR/USD maintains bullish bias with focus on 1.1200 levels
May 17, 2017 14:22 pm UTC| Technicals
The EUR/USD rose higher on Wednesday as the single currency gained as political turmoil and weak economic data in the United States reduced expectations of aggressive interest rate rises this year. The dollar has...

May 17, 2017 13:44 pm UTC| Technicals
Cable recovered once again after showing a minor decline below 1.2900 level on account of mixed UK jobs data. U.K unemployment hits 42 year low but basic pay slows to 2.1% lagging behind inflation. The pair broken the...

May 17, 2017 13:27 pm UTC| Technicals
Cable recovered once again after showing a minor decline below 1.2900 level on account of mixed UK jobs data. U.K unemployment hits 42 year low but basic pay slows to 2.1% lagging behind inflation. The pair broken the...

FxWirePro: Lonnie downside capped by 38.2% fibo, good to sell on rallies
May 17, 2017 12:43 pm UTC| Technicals
USD/CAD has made a low of 1.35750 and jumped slightly from that level. Intraday trend is still weak as long as resistance 1.3660 holds. It is currently trading around 1.36345. WTI Crude oil hits $49.63 and shown a...