FxWirePro: EUR/USD consolidating around 1.1532, bias is neutral
Jul 19, 2017 13:49 pm UTC| Technicals
The EUR/USD dipped slightly on Wednesday as the chances of U.S. rate increase seemed to dwindle but investors remained wary of pushing it lower before ECB meetings. The ECB meets on Thursday, and it is expected to...

Jul 19, 2017 13:00 pm UTC| Technicals
Near term trend - down USD/CHF has broken major support at 0.9550 and declined slightly till 0.95231 yesterday. The shown a minor jump till 0.9560 level. It is currently trading around 0.95419. The low formed on...

FxWirePro: DAX30 upside capped by 61.8% fibo, good to sell on rallies
Jul 19, 2017 12:42 pm UTC| Technicals
DAX30 has shown a minor recovery after forming a bottom around 12311. The index upside capped by 61.85 fibo and any minor bullishness can be seen only above that level. It is currently trading around 12448. The near...

FxWirePro: EUR/USD trades lower on profit booking, good to buy on dips
Jul 19, 2017 10:57 am UTC| Technicals
Euro has shown a slight profit booking after hitting fresh 52 week high yesterday. Market awaits ECB meeting tomorrow for further direction. ECB might be more hawkish than expected and that will make the Euro to rise...

FxWirePro: EUR/CAD trades narrow range above 5-DMA, caution ahead of ECB
Jul 19, 2017 10:46 am UTC| Technicals
EUR/CAD is trading a narrow range ahead of ECB rate decision. Market expectations of some announcement regarding the ongoing QE programme have been bolstering the pairs rally in past weeks. Disappointment could...

FxWirePro: GBP/AUD trades in narrow range below 200-DMA, bias lower, stay short
Jul 19, 2017 10:16 am UTC| Technicals
GBP/AUD extends weakness below 200-DMA support at 1.6660, bias still lower. The pair hit 3-month lows at 1.6387 on Tuesday and has since pared some losses to currently trade at 1.6424. The Bank of England has...

FxWirePro: USD/CHF trades weak, good to sell on rallies
Jul 19, 2017 09:00 am UTC| Technicals
Near term trend - down USD/CHF has broken major support at 0.9550 and declined slightly till 0.95231 yesterday. The shown a minor jump till 0.9560 level. It is currently trading around 0.95419. The low formed on...