
FxWirePro: NZD/USD breaks trendline resistance at 0.7260, bias higher, stay long
Jun 23, 2017 09:20 am UTC| Technicals
NZD/USD extends spike on upbeat economic assessment by the RBNZ at its June monetary policy meeting. The central bank continues to be upbeat on the domestic economys outlook in spite of the recent lower than...

FxWirePro: EUR/SEK stabilizes above 9.77 mark, stay bullish
Jun 23, 2017 07:58 am UTC| Technicals
EUR/SEK is currently trading around 9.7740 levels. It made intraday high at 9.7785 and low at 9.7500 levels. Intraday bias remains bullish for the moment. A sustained close above 9.7585 tests key resistances...

EUR/USD: Watch out for 1.11800 for further bullishness
Jun 23, 2017 07:28 am 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 1.11745. French flash...

FxWirePro: GBP/JPY downside capped by trend line support, good to buy on dips
Jun 23, 2017 07:21 am UTC| Technicals
GBP/JPY has taken support near trend line and jumped slightly from that level. The pair hits low of 139.84 and is currently trading around 141.45. The pair downside is capped by trend line support at 140 (trend line...

FxWirePro: EUR/JPY holds above 124 handle, focus on EZ PMI data for impetus
Jun 23, 2017 07:18 am UTC| Technicals
The single currency is trading on a firm footing ahead of EZ PMI data due later in the EU session. Analysts are looking for slightly better prints for todays Eurozone PMI estimates for June. On the other side,...

FxWirePro: USD/ZAR hovers around key support at 12.95 mark, sustained close below targets 12.70 mark
Jun 23, 2017 07:14 am UTC| Technicals
USD/ZAR is currently trading around 12.94 levels. It made intraday high at 13.00 and low at 12.93 levels. Intraday bias remains bearish for the moment. A daily close above 12.94 will take the parity...

Jun 23, 2017 07:10 am UTC| Technicals Insights & Views
Negligible interim rallies stuck in the tight range, while momentum oscillators signal selling pressures and the major trend has again resumed bearish sentiments (refer both daily and monthly charts). The price behavior...