
FxWirePro: USD/JPY consolidates break above 200-DMA, bias higher
Jun 19, 2017 08:14 am UTC| Technicals
USD/JPY is consolidating the break above 200-DMA made last week. The Bank of Japan last week held interest rate unchanged in a 7-2 vote and reaffirmed its yield curve control policy. USD/JPY initially fell, but...

FxWirePro: USD/CAD upside capped by 200- MA, good to sell on rallies
Jun 19, 2017 07:32 am UTC| Technicals
Canadian dollar continued its winning streak for the second consecutive week after hawkish comments by BOC previous week. US dollar shown a minor recover till 1.33080 after making a minor bottom around 1.31640. It is...

FxWirePro: Swedish krona strengthens against euro, good to sell on rallies
Jun 19, 2017 07:23 am UTC| Technicals
EUR/SEK is currently trading around 9.7395 levels. It made intraday high at 9.7515 and low at 9.7346 levels. Intraday bias remains bearish till the time pair holds key resistance at 9.7650 mark. A sustained...

Jun 19, 2017 07:10 am UTC| Technicals
Ever since AUDUSD bulls have bottomed out at 0.7369, the prices have constantly remained above 7 21DMAs but for today, both leading and lagging oscillators have been bearish bias (refer 4H charts). On daily terms,...

FxWirePro: GPB/JPY Daily Outlook
Jun 19, 2017 06:45 am UTC| Technicals
GBP/JPY is consolidating after hitting a high of 142.33.The pair has broken trend line resistance around 141.50 on Friday and is currently trading around 141.95. Break above trend line resistance confirms minor...

FxWirePro: USD/ZAR trades in narrow range, stay bearish
Jun 19, 2017 06:40 am UTC| Technicals
USD/ZAR is currently trading around 12.78 levels. It made intraday high at 12.81 and low at 12.77 levels. Intraday bias remains neutral till the time pair holds key support at 12.75 mark. A daily close...

Jun 19, 2017 06:33 am UTC| Technicals
AUD/NZD failed to close above 20-DMA in last weeks trade and intraday bias has turned slightly bearish. Upside in the pair has been rejected at 23.6% Fib of 1.1019 to 1.0391 fall at 1.0539 on Friday. The pair...