FxWirePro: USD/JPY loses momentum but outlook is bullish
Aug 29, 2016 14:27 pm UTC| Technicals
The USD/JPY pair inched towards 102.30 on Monday as investors sold safe heaven assets like Japanese yen after comments from top Federal Reserve officials fuelled speculation that U.S. interest rates would rise sooner...
FxWirePro: GBP/USD drops below 1.3100 as Fed comments bolster US rate hike bets
Aug 29, 2016 13:33 pm UTC| Technicals
GBP/USD declined on Monday as investors were optimistic about next interest rate hike in September following comments from top Federal Reserve officials and recent strong US economic data. The pair declined in quick...
Aug 29, 2016 13:08 pm UTC| Technicals
Dear readers, the moment when the pair has broken the baseline of rising channel, it has travelled equidistance southwards (about 2.14%). USDCAD clears 1.2950 resistances with thebreak to two-week highs. Watch out...
GBP/USD trades below 10-day MA, decline till 1.3000/1.2950 likely
Aug 29, 2016 12:53 pm UTC| Technicals
Major support 1.3108 (10-day MA). Major resistance- 1.3270. The pair has broken 10-day MA and declined till 1.30691 at the time of writing. It is currently trading around 1.3075. Cable formed a temporary...
Aug 29, 2016 11:47 am UTC| Technicals
Major resistance- 1.3020 (200- 4H MA). Major support -1.2927 (daily Kijun-Sen). Loonie spiked sharply from the low of 1.28300 made on Friday. It is currently trading around 1.30082. The pair jumped after Fed...
EUR/USD trades well below 1.1200, decline till 1.110 likely
Aug 29, 2016 11:09 am UTC| Technicals
Major resistance- 1.1370. Major support 1.1180 (55- day EMA). The pair has declined drastically on Friday after Fed chairman Janet Yellen said that there is a possibility of a rate hike in 2016. EUR/USD...
USD/CAD faces strong resistance at 200-4H MA, break above targets 1.3150
Aug 29, 2016 09:55 am UTC| Technicals
Major resistance- 1.3020 (200- 4H MA). Major support -1.2927 (daily Kijun-Sen) Loonie spiked sharply from the low of 1.28300 made on Friday. It is currently trading around 1.30082. The pair jumped after Fed...
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