FxWirePro: USD/JPY stuck in range but maintains bullish bias
Jun 23, 2017 15:45 pm UTC| Technicals
USD/JPY inched higher on Friday after data showed sales of U.S. new homes in May came in stronger than expected in May, reducing worries about a slowdown in the domestic housing market. New U.S. single-family home...
FxWirePro: USD/CAD consolidating around 1.3277, bias is bullish
Jun 23, 2017 14:25 pm UTC| Technicals
The USD/CAD pair rose in on Friday as Canadian dollar was pressured after weaker-than-expected domestic inflation data reduced the chances of an interest rate hike next month from the Bank of Canada. The annual...

FxWirePro: Sell S&P500 below 2430
Jun 23, 2017 12:35 pm UTC| Technicals
SP500 has formed temporary top around 2453 on Jun 19th 2017 and declined slightly from that level till 2430. It is currently trading around 2435.9. On the lower side, near term support stands at 2430 and any break...

Jun 23, 2017 12:27 pm UTC| Technicals
The pair has formed a bottom around 1.11394 and showed a good jump from that level. The pair has jumped slightly after better than expected French PMI data and is currently trading around 1.11740. French flash...

Jun 23, 2017 11:05 am UTC| Technicals
After shooting star at 18.8058 on daily and at 20.8275 levels on monthly charts, the current prices have dipped constantly, now tumbled below 7DMA and EMAs. Ever since the failure swings at stiff resistances of 19.1907...

FxWirePro: USD/JPY rangebound, remains capped between 100 and 200 DMAs, bias neutral
Jun 23, 2017 10:35 am UTC| Technicals
USD/JPY is extending range trade on the day, made a high of 111.42 and a low of 111.15. The major seems to have been capped between 100 and 200 day MAs. Breakout of range trade will decide further...

FxWirePro: USD/CHF forms Bullish ALT pattern, good to buy on dips
Jun 23, 2017 10:00 am UTC| Technicals
Harmonic Pattern formed- Bullish Alt pattern Potential Reversal Zone (PRZ) - 0.96850 USD/CHF has formed bullish Alt pattern in the 15 min chart and intraday potential reversal zone (PRZ) is around 0.96850. The...