FxWirePro: USD/CAD changes short term trend from neutral to bullish, scope for further upside
Jun 21, 2017 16:11 pm UTC| Technicals
The USD/CAD pair inched higher on Wednesday as slightly firmer dollar and lower oil prices weighed on the risk-sensitive Canadian dollar. Oil prices slipped on Wednesday despite a larger-than-expected decline in U.S....
FxWirePro: USD/JPY consolidating around 111.62, bias is bullish
Jun 21, 2017 14:28 pm UTC| Technicals
USD/JPY rose on Wednesday as dollar rose to session highs against the yen on Wednesday, extending its earlier gains after data showed U.S. existing home sales posted a surprise increase in May, soothing some concerns about...
FxWirePro: EUR/USD strongly bearish despite upside attempts
Jun 21, 2017 13:32 pm UTC| Technicals
The EUR /USD pair recovered some ground on Wednesday as slump in oil markets to seven-month lows put investors on edge, and pushed down the dollar lower. Investors were betting that oils tumble to seven-month lows...

FxWirePro: US Dollar Index Daily Outlook
Jun 21, 2017 13:02 pm UTC| Technicals
DXY has broken minor resistance at 97.56 and jumped till 97.87 yesterday. It is currently trading around 97.61. On the higher side, near term resistance is around 98.07 (May 18th high) and any break above will take...

Jun 21, 2017 12:24 pm UTC| Technicals
The pair has shown a huge jump from the low of 112.50 formed on Jun 14th 2017. The pair jumped till 114.66 near to trend line resistance and shown a minor dip from that level. It is currently trading around...

EUR/USD faces minor trend line resistance at 1.11560, break above targets 1.1235
Jun 21, 2017 12:07 pm UTC| Technicals
The pair taken support once again near 1.1100 and jumped slightly from that level. The pair hits intraday high of 1.11500 and is currently trading around 1.11451. Intraday major resistance is around 1.11560 (trend...

Jun 21, 2017 10:31 am UTC| Technicals
AUD/CHF has failed once again at major trendline resistance at 0.7430. The pair has edged lower to hit weekly lows of 0.7356, has since pared losses to currently trade at 0.7373. The pair has retraced brief dip...