
Jul 10, 2017 11:47 am UTC| Technicals
CAD hits 10- month high on Friday after better than expected Canadian jobs data. The pair broken minor bottom 1.21922 On Jul 4th 2017 and declined till 1.28596 on Jul 7th 2017. It is currently trading around...

FxWirePro: NZD/USD struggles at 5-DMA, bias lower, stay short
Jul 10, 2017 10:07 am UTC| Technicals
NZD/USD remains capped below 5-DMA from last week, the pair has struggled to hold break above 5-DMA. Uptrend in the pair has stalled near 78.6% Fib retrace of 0.7485 to 0.6817 fall at 0.7342. Bias on daily charts...

FxWirePro: Cable trades weak, good to sell on rallies
Jul 10, 2017 10:06 am UTC| Technicals
GBP has formed a bottom around 1.2868 on Friday and shown a minor recovery form that level. The pair has broken low made in previous week at 1.28668 and declined till 1.28576 at the time of writing and is currently trading...

FxWirePro: NZD/JPY takes out 88.6% Fib, momentum bullish, stay long for 83.85
Jul 10, 2017 09:35 am UTC| Technicals
NZD/JPY trades with bullish momentum, we see scope for further upside. The pair has broken 88.6% Fib retrace of 83.809 to 75.626 fall at 82.87, bias higher. The major has pared some gains after hitting fresh 5...

FxWirePro: Silver rises gradually against U.S. dollar, stay bearish
Jul 10, 2017 08:38 am UTC| Technicals
XAG/USD is currently trading around $15.30 marks. It made intraday high at $15.60 and low at $15.16 levels. Intraday bias remains bearish till the time pair holds key resistance at $16.15 mark. A daily close...

FxWirePro: DAX30 downside capped by 100 – day MA, good to sell on rallies
Jul 10, 2017 08:25 am UTC| Technicals
DAX30 has formed a minor bottom around 12311 and recovered slightly from that level. The index made a minor jump till 12468 at the time of writing and is currently trading around 12456. The near term support is around...

FxWirePro: AUD/CAD closes below weekly 200-SMA, scope for test of 61.8% Fib at 0.9626
Jul 10, 2017 08:16 am UTC| Technicals
AUD/CAD has broken below major trendline support at 0.99 levels, bias lower. The pair has closed below weekly 200-SMA at 0.9823 in the previous weeks trade. Downside finds immediate support at 0.9773 (50% Fib of...