
FxWirePro: US Dollar index faces strong resistance at 94.20, break above targets 95/95.15.
Dec 08, 2017 11:07 am UTC| Technicals
Major resistance 94.20 (61.8% retracement of 95.15 and 92.50). DXY has broken resistance at 93.75 and jumped till 94.05 at the time of writing. It is currently trading around 94.01 The index is trading slightly...

FxWirePro: GBP/USD trade higher on Brexit deal, good to buy on dips
Dec 08, 2017 10:42 am UTC| Technicals
Cable jumped sharply from the low of 1.3316 made yesterday as UK reaches deal with EU. The pair breaks psychological resistance at 1.3500 and jumped till 1.35200. It is currently trading around 1.34703. The major...

FxWirePro: USD/CAD trades slightly above 200- day EMA, jump till 1.2920 likely
Dec 08, 2017 10:40 am UTC| Technicals
USD/CAD continuing its bullish trend for second consecutive day and jumped almost 60 pips yesterday. The major weakness in the Loonie was mainly due to dovish comment by BOC on interest rate hike. The pair hits high of...

FxWirePro: GBP/NZD pauses upside at 200W SMA at 1.9842, further upside only on break above
Dec 08, 2017 10:33 am UTC| Technicals
GBP/NZD is struggling to break 200W SMA for the 2nd successive week. We see further upside only on break above. We see Doji formation on daily charts which suggests some consolidation at current levels. Price...

Dec 08, 2017 09:56 am UTC| Technicals
FxWirePros Hourly Currency Strength Index for GBP/CAD at 0900 GMT: Bullish FxWirePros Hourly Currency Strength Index for GBP: 124.354 (Bullish) FxWirePros Hourly Currency Strength Index for CAD: -83.9423...

FxWirePro: XAG/USD trades in narrow range ahead of U.S. NFP job data
Dec 08, 2017 08:50 am UTC| Technicals
XAG/USD is currently trading around $15.75 marks. It made intraday high at $15.79 and low at $15.68 levels. Intraday bias remains bearish till the time pair holds key resistance at $15.98 mark. A daily close...

FxWirePro: AUD/NZD trades in narrow range above 100-DMA, break below to see further weakness
Dec 08, 2017 08:45 am UTC| Technicals
AUD/NZD range-bound above 100-DMA at 1.0966, break below to see further weakness. Upbeat China trade balance supports the antipodeans. China trade balance USD came in at $40.21B, above forecasts ($35B) in...