FxWirePro: EUR/USD neutral in the near-term, scope for downward resumption
Jul 13, 2017 14:00 pm UTC| Technicals
The EUR /USD pair initially dipped on Thursday but recovered some of its earlier losses ahead of Federal Reserve Chair Janet Yellens second day of testimony and a day after she signaled a dovish stance on interest...

FxWirePro: Bullish RSI divergence on AUD/CAD raises scope for upside, good to go long on dips
Jul 13, 2017 12:13 pm UTC| Technicals
AUD/CAD has edged higher from fresh 6-month lows at 0.9734 hit on Wednesdays trade. The pair is showing a bullish divergence on 4 hourly charts which raises scope for some upside. Price action is currently...

Jul 13, 2017 09:58 am UTC| Technicals Insights & Views
Ongoing price dips have gone below 1.1019 (i.e. 7SMA levels), consequently, 7SMA curve has been bent down to evidence bearish crossover. Should the prevailing price drops continue, then this signal most certain. Ever...

FxWirePro: EUR/CHF holds above 1H 200-SMA support at 1.0984, good to short break below
Jul 13, 2017 09:55 am UTC| Technicals
EUR/CHF is seeing some selling pressure, down for 2nd consecutive session. Final CPI prints in Euroland for the month of June had little impact on sentiment. The pair has edged lower from 13-month highs at 1.1060...

FxWirePro: Cable retakes key 1.2900 handle, upside set to extend, stay long
Jul 13, 2017 07:42 am UTC| Technicals
Positive UKs labour market data on Wednesday combined with an increasing selling pressure around the USD support Cable higher. The major has extended upside above the key 1.29 handle, bias higher. The pair has...

FxWirePro: XAG/USD hovers around $15.90 mark, stay bullish
Jul 13, 2017 07:35 am UTC| Technicals
XAG/USD is currently trading around $15.90 marks. It made intraday high at $15.96 and low at $15.85 levels. Intraday bias remains bullish till the time pair holds key support at $15.72 mark. A daily close...

FxWirePro: AUD/CHF breaks major trendline resistance at 0.7375, bias higher, stay long
Jul 13, 2017 06:55 am UTC| Technicals
AUD/CHF has shown a decisive break above major trendline resistance at 0.7375, bias higher. Aussie buoyed on strong China imports data. China June imports in USD terms rose at an annualised rate of 17.2%, beating the...
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