
FxWirePro: GBP/AUD holds above 5-DMA, intraday bias higher
Jun 26, 2017 10:38 am UTC| Technicals
The pound sterling remains supported amid optimism over a possible deal between UK Tories and DUP Party to allow PM Theresa May to maintain a minority government. Further data released earlier today showed United...

FxWirePro: EUR/JPY finds strong support at 20-DMA, eyes channel top at 126.20
Jun 26, 2017 09:01 am UTC| Technicals
EUR/JPY trades with a bullish bias, finds strong support at 20-DMA at 123.97. The pair is trading in a rising channel and we see scope for upside on daily charts. Momentum studies are bullish, bulls now target...

FxWirePro: Turkish lira strengthens against U.S. dollar, good to sell on rallies
Jun 26, 2017 08:32 am UTC| Technicals
USD/TRY is currently trading at 3.4920 levels. It made intraday high at 3.5059 and low at 3.4910 levels. Intraday bias remains bearish till the time pair holds key resistance at 3.5149 marks. Key resistances...

FxWirePro: EUR/GBP subdued ahead of German IFO data, weakness likely on break below 20-DMA at 0.8757
Jun 26, 2017 07:26 am UTC| Technicals
EUR/GBP remains subdued below 5-DMA as markets await German IFO data due ahead in the EU session. Analysts at Danske Bank expect the German Ifo expectation index to decline to 106.1 in June. Nomura analysts...

FxWirePro: Swedish krona trades marginally lower against euro, bias remains bullish
Jun 26, 2017 07:00 am UTC| Technicals
EUR/SEK is currently trading around 9.7618 levels. It made intraday high at 9.7655 and low at 9.7504 levels. Intraday bias remains bullish for the moment. A sustained close above 9.7521 tests key resistances...

FxWirePro: USD/JPY capped below 5-DMA at 111.34, extends range trade between 100 & 200 day MAs
Jun 26, 2017 06:31 am UTC| Technicals
USD/JPY is extending gains above the 111 handle, remains capped at 5-DMA at 111.35. Yen largely ignores BOJs Summary of Opinions for the June 15th and 16th meeting, which suggested that the Japanese economy has been...

FxWirePro: USD/ZAR exhibits range bound movement, upside limited
Jun 26, 2017 05:54 am UTC| Technicals
USD/ZAR is currently trading around 12.90 levels. It made intraday high at 12.94 and low at 12.88 levels. Intraday bias remains bearish till the time pair holds key resistance at 13.00 mark. A daily close...