
FxWirePro: AUD/USD finds stiff resistance at 21-EMA, bullish divergence keeps scope for upside
Jul 04, 2018 06:51 am UTC| Technicals
AUD/USD is extending upside for the second straight session, bounces off strong trendline support. Broad-based US dollar weakness and better than expected Chinas Caixin services PMI for June which came in at 53.9 vs...

Jul 04, 2018 06:46 am UTC| Technicals
The political stability achieved overnight has led to EURUSD prices firming a little. However, this is only within the current range between 1.1510 and 1.1725. Minor trend oscillates between symmetric triangle sides....

Jul 04, 2018 06:46 am UTC| Technicals
The political stability achieved overnight has led to EURUSD prices firming a little. However, this is only within the current range between 1.1510 and 1.1725. Minor trend oscillates between symmetric triangle sides....

FxWirePro: South African rand trades marginally higher ahead of standard bank PMI data
Jul 04, 2018 06:23 am UTC| Technicals
USD/ZAR is currently trading around 13.63 levels. It made intraday high at 13.69 and low at 13.60 levels. Intraday bias remains bearish till the time pair holds key resistance at 13.74 mark. A daily close...

FxWirePro: GBP/JPY trades higher on strong cable, good to buy on dips
Jul 04, 2018 05:57 am UTC| Technicals
GBP/JPY is consolidating in narrow range after hitting high of 146.49 made on Jul 2nd2018. The rise of almost 250 pips from the low of 143.76 was mainly due to huge jump in GBPUSD. Cable rose more than 150 pips from low of...

FxWirePro: GBP/JPY trades higher on strong cable, good to buy on dips
Jul 04, 2018 05:57 am UTC| Technicals
GBP/JPY is consolidating in narrow range after hitting high of 146.49 made on Jul 2nd2018. The rise of almost 250 pips from the low of 143.76 was mainly due to huge jump in GBPUSD. Cable rose more than 150 pips from low of...

FxWirePro: Cloud caps upside in CAD/CHF, good to go long on break above
Jul 04, 2018 05:55 am UTC| Technicals
CAD/CHF is extending range trade around major support at 0.7540 which is converged 5-DMA, 100-DMA and 21-EMA. Momentum studies are bullish, Stochs are sharply higher, but RSI has flattened out just shy of 50...