
FxWirePro: NZD/CAD fails to hold break above 200-DMA, bias bearish
Jul 07, 2017 10:19 am UTC| Technicals
NZD/CAD retraced most of the downside on Thursdays trade to close largely unchanged at 0.9439. The pair extended upside on the day to break above 200-DMA at 0.9459 and hit highs of 0.9470. But the pair failed to...

FxWirePro: AUD/NZD edges higher from session lows at 1.0396, bias lower, stay short
Jul 07, 2017 09:58 am UTC| Technicals
AUD/NZD has edged higher from session lows at 1.0396 after holding minor trendline support. Death Cross (bearish 50-DMA crossover on 200-DMA) on AUD/NZD keeps scope for downside intact. Upside finds minor...

FxWirePro: Buy USD/CAD above 1.3020
Jul 07, 2017 09:41 am UTC| Technicals
USD/CAD has once again recovered slightly after hitting a low of 1.2958 on account of weak crude oil prices. The pair jumped till 1.29935 at the time of writing. It is currently trading around 1.29839. US crude oil...

Jul 07, 2017 08:57 am UTC| Technicals
NZD/USD is currently holding 20-DMA support at 0.7264, we see downside on break below. Upside trend has stalled near 78.6% Fib retrace of 0.7485 to 0.6817 fall at 0.7342. Bias on daily charts has turned bearish...

Jul 07, 2017 07:38 am UTC| Technicals
Copper is extending range trade for 2nd consecutive session, intraday bias still lower. Recovery attempts in the pair have been capped below 5-DMA and only close above 5-DMA could see some upside. Technical...

FxWirePro: USD/CNY hovers around 6.80 mark, PBOC sets yuan mid-point at 6.7914
Jul 07, 2017 07:26 am UTC| Technicals
USD/CNY is currently trading around 6.8005 marks. It made intraday high at 6.8036 and low at 6.7947 levels. Intraday bias remains neutral for the movement. A sustained close above 6.8015 marks will test key...

FxWirePro:EUR/USD trades higher on rising bund yield, good to buy on dips
Jul 07, 2017 07:18 am UTC| Technicals
EUR/USD has shown a huge recovery yesterday after ECB minutes meeting and pair has broken minor resistance of 1.1400. It is currently trading around 1.14250. EURO huge rally was mainly after ECB policymakers confirms...