FxWirePro: EUR/KRW exhibits range bound movement, downside limited
Jul 26, 2017 01:00 am UTC| Technicals
EUR/KRW is currently trading around 1,302 mark. Pair made intraday high at 1,302 and low at 1,300 levels. Intraday bias remains neutral till the time pair holds key resistance at 1,305 mark. A sustained...
FxWirePro: GBP/USD stuck in range but maintains bullish bias
Jul 25, 2017 15:17 pm UTC| Technicals
The GBP/USD pair inched higher on Tuesday as Sterling was supported by weaker dollar and worries over Brexit and the pace of UK economic growth eased. The U.S. currency was stuck at its lowest since June 2016 after a...
FxWirePro: EUR/USD consolidating around 1.1685, bias is bullish
Jul 25, 2017 14:21 pm UTC| Technicals
The EUR/USD pair rose higher on Tuesday as dollar slumped after investors grew wary that subdued U.S. inflation and strains in Washington would limit Federal Reserve interest rate moves for the rest of the year. The...
FxWirePro: US Dollar Index daily Outlook
Jul 25, 2017 14:18 pm UTC| Technicals
U.S dollar index has broken major support of 93.85 low made on Jul 21st 2017 low and declined till 93.64 at the time of writing. It is currently trading around 93.79. In the daily chart, index upside capped by 10- day...
FxWirePro: USD/CAD retains bearish outlook with scope to target 1.2400
Jul 25, 2017 13:57 pm UTC| Technicals
The USD/CAD pair continued to dip on Tuesday as the U.S. dollar slid against a basket of currencies and oil prices climbed on promises by major producers to help control oversupply. Prices of crude oil, a key Canadian...
FxWirePro: GBP/USD trades higher, good to buy on dips
Jul 25, 2017 13:55 pm UTC| Technicals
Cable is trading stable in Tuesday morning and broken minor resistance 1.30618 on account of weak U.S dollar. The pair jumped till 1.30838 at the time of writing. It is currently trading around 1.30633. Market awaits...
Jul 25, 2017 12:36 pm UTC| Technicals
Major support 144 (55 EMA and trend line support). GBP/JPY has taken support near trend line and 55- day EMA and recovered sharply from that level. The pair has broken trend line resistance 145 (trend line joining...
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