
Jul 06, 2017 12:44 pm UTC| Technicals
GBP has shown a major decline till 1.28937 yesterday after weaker than expected services PMI data with the following bounce till 1.29835 at the time of writing. The pair broken major support at 1.2900 and is currently...

FxWirePro: EUR/USD faces strong support at 1.12900, good to buy on dips
Jul 06, 2017 11:40 am UTC| Technicals
EURUSD has shown a minor recovery after hitting low of 1.13186 and the pair has once broken minor intraday resistance of 1.11345 (200- H MA). It is currently trading around 1.13746. In the hourly chart the pair is...

FxWirePro: Cable downside capped by ichimoku cloud, good to sell on rallies
Jul 06, 2017 11:31 am UTC| Technicals
GBP has shown a major decline till 1.28937 yesterday after weaker than expected services PMI data with the following bounce limited to the 1.2950 region. The pair broken major support at 1.2900 and is currently trading...

FxWirePro: NZD/CAD breaks below 200-DMA, good to go short on rallies
Jul 06, 2017 10:39 am UTC| Technicals
NZD/CAD trades with a strong bearish bias, scope for test of 78.6% Fib at 0.9297. The pair has broken below major trendline support at 0.95 levels last week. Decisive break below major 200-DMA support at 0.9562...

FxWirePro: Copper rangebound below 5-DMA, bias lower, stay short
Jul 06, 2017 10:03 am UTC| Technicals
Copper edges higher from session lows at 2.650 and is currently trading rangebound at 2.663. 5-DMA has turned and is biased lower, we see scope for further downside. Technical indicators are slightly bearish, RSI...

FxWirePro: Sell DAX30 below 12400
Jul 06, 2017 09:16 am UTC| Technicals
DAX30 has shown a minor decline below trend line support and recovered slightly from that level. The index made a low of 12310 and is currently trading around 12451. The near term support is around 12370-12400 (Trend...

FxWirePro: AUD/CHF struggles at 20-DMA, intraday bias neutral
Jul 06, 2017 09:08 am UTC| Technicals
AUD/CHF has pared losses and is currently trading at 0.7348 after hitting session lows at 0.7322. Upside finds minor resistance at 0.7349 (5-DMA) and major resistance at 0.7385 (trendline). The pair finds strong...