
FxWirePro: Cable breaks major support at 1.2900 after weak U.K data, dip till 1.2800 likely
Jul 07, 2017 11:31 am UTC| Technicals
GBP has shown a major decline after forming showing a jump till 1.29836 yesterday on account weak UK economic data. The pair has declined slightly below major support 1.2900 and is currently trading around 1.29017. UK...

FxWirePro: EUR/GBP finds major resistance at 0.8870, good to go long on break above
Jul 07, 2017 11:08 am UTC| Technicals
EUR/GBP is extending grind higher as it holds above 20-DMA support. Technical indicators are biased higher, with RSI strong at 61 and Stochs biased higher. Sharp rise seen in the German yields after the ECB...

FxWirePro: NZD/CAD fails to hold break above 200-DMA, bias bearish
Jul 07, 2017 10:19 am UTC| Technicals
NZD/CAD retraced most of the downside on Thursdays trade to close largely unchanged at 0.9439. The pair extended upside on the day to break above 200-DMA at 0.9459 and hit highs of 0.9470. But the pair failed to...

FxWirePro: AUD/NZD edges higher from session lows at 1.0396, bias lower, stay short
Jul 07, 2017 09:58 am UTC| Technicals
AUD/NZD has edged higher from session lows at 1.0396 after holding minor trendline support. Death Cross (bearish 50-DMA crossover on 200-DMA) on AUD/NZD keeps scope for downside intact. Upside finds minor...

FxWirePro: Buy USD/CAD above 1.3020
Jul 07, 2017 09:41 am UTC| Technicals
USD/CAD has once again recovered slightly after hitting a low of 1.2958 on account of weak crude oil prices. The pair jumped till 1.29935 at the time of writing. It is currently trading around 1.29839. US crude oil...

Jul 07, 2017 08:57 am UTC| Technicals
NZD/USD is currently holding 20-DMA support at 0.7264, we see downside on break below. Upside trend has stalled near 78.6% Fib retrace of 0.7485 to 0.6817 fall at 0.7342. Bias on daily charts has turned bearish...

Jul 07, 2017 07:38 am UTC| Technicals
Copper is extending range trade for 2nd consecutive session, intraday bias still lower. Recovery attempts in the pair have been capped below 5-DMA and only close above 5-DMA could see some upside. Technical...
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