
FxWirePro: EUR/USD trades lower, market eyes ECB minutes
Apr 12, 2018 11:11 am UTC| Technicals
EUR/USD has pared some of its gain in European session after hitting intraday high of 1.23795. The reason for minor decline was extension of sanctions on Iran and euro zone industrial Output fell by 0.8% worse than...

FxWirePro: EUR/USD trades lower, market eyes ECB minutes
Apr 12, 2018 10:58 am UTC| Technicals
EUR/USD has pared some of its gain in European session after hitting intraday high of 1.23795. The reason for minor decline was extension of sanctions on Iran and euro zone industrial Output fell by 0.8% worse than...

Apr 12, 2018 10:43 am UTC| Technicals
USDJPY forms bullish engulfing candlestick patterns at 105.396, 106.842 and 106.600 levels in the recent past. The stern rallies have taken the current prices well above DMAs. However, the attempts of break out of stiff...

FxWirePro: USD/CHF recovers sharply on declining safe haven demand, good to buy on dips
Apr 12, 2018 10:34 am UTC| Technicals
USD/CHF has recovered sharply almost 100 pips from low of 0.9535 (Apr 10th 2018 low) after hawkish Fed FOMC minutes meeting. But upside is limited in USD/CHF for the near term as US-China trade war and geo political...

FxWirePro: GBP/NZD breaks below 55-EMA at 1.9228, eyes trendline at 1.9150, stay short
Apr 12, 2018 10:09 am UTC| Technicals
GBP/NZD has broken below 55-EMA support at 1.9228 raising scope for further weakness. Expectations of a rate hike from the BoE in May are likely to keep the pound supported. On the other side, kiwi remains bid...

FxWirePro: GBP/JPY Daily Outlook
Apr 12, 2018 09:45 am UTC| Technicals
GBP/JPY is consolidating in narrow range after continuous three week rally. The pair hits continuing its bullish trend for third consecutive day. The pair made fresh high for the week at 152.24 and showing a minor profit...

FxWirePro: EUR/NZD resumes downside after trendline break, eyes 200-DMA at 1.6656
Apr 12, 2018 09:35 am UTC| Technicals
EUR/NZD has resumed downside after break below major trendline support at 1.6845. kiwi supported after speech from RBNZs Assistant Governor, John McDermott. McDermott said the expanded mandate which now includes...