FxWirePro: USD/CAD neutral in the near-term, scope for downward resumption
Aug 18, 2017 16:52 pm UTC| Technicals
The USD/CAD pair declined on Friday as Canadian dollar rose to a two-week high against its U.S. counterpart on Friday, as data showing an uptick in the Bank of Canadas core measures of inflation supported the view that the...
FxWirePro: USD/JPY dips below lower range, bearish bias increases
Aug 18, 2017 15:46 pm UTC| Technicals
USD/JPY declined on Friday as investors sought out the safe-haven currency in light of continuing uncertainty over the White Houses ability to push through its economic agenda. Markets were also uncertain about U.S....
Aug 18, 2017 12:12 pm UTC| Technicals
GBP/JPY is continuing its losing streak after breaking below 141.25 low made on Aug 11th 2017. The pair declined till 140.61 at the time of writing. It is currently trading around 140.65. The decline from 147.76 is...
FxWirePro:USD/CAD Daily Outlook
Aug 18, 2017 12:10 pm UTC| Technicals
USD/CAD has shown a minor jump after forming a temporary bottom around 1.24132. The pair jumped till 1.27780 and shown a minor decline from that level. Canadian dollar rallied against U.S dollar on Fed minutes and...
FxWirePro: USD/CHF Daily outlook
Aug 18, 2017 12:01 pm UTC| Technicals
Swiss franc is trading in narrow range between 0.95820 and 0.97728 for the past eight trading session. Intraday bias is neutral as long as support 0.95820 holds. The pair is currently trading around 0.96174. The pair...
FxWirePro: EUR/NZD fails at major trendline resistance at 1.6240, good to short rallies
Aug 18, 2017 10:36 am UTC| Technicals
EUR/NZD fails at major trendline resistance at 1.6240, intraday bias lower. Technical studies are bearish, RSI has turned lower from near overbought levels. Stochs has shown a rollover from overbought levels and...
EURUSD consolidates in narrow range, break below 1.16500 confirms further weakness
Aug 18, 2017 10:35 am UTC| Technicals
EURUSD is consolidating after forming a temporary top around 1.19098 on Aug 2nd 2017. The pair declined till 1.16626 yesterday and is currently trading around 1.17501. The pair downside capped by 23.6% fibo and any...
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