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CAD/JPY breaks trend line at 83.05, targets 84.80

Jun 13, 2017 09:55 am UTC| Technicals

broken major trend line resistance around at 83.05 (trend line joining 83.74 and 83.48) and jumped till 83.12. It is currently trading around 83.01. Canadian dollar trades higher against all majors on account of...

FxWirePro: EUR/AUD holds minor support at 1.48, break below could see further drag

Jun 13, 2017 09:37 am UTC| Technicals

EUR/AUD rejected at lows, edges higher from session lows at 1.4800 to currently trade at 1.4865 levels. The single currency muted to downbeat German economic sentiment for June which came in at 18.6 vs. 21.5...

FxWirePro: USD/CAD trades lower on hawkish BOC, good to sell on rallies

Jun 13, 2017 09:02 am UTC| Technicals

Canadian dollar shown a huge jump against U.S dollar after breaking 1.338 level. Loonie declined sharply till 1.32614 after BOC signals rate hike. It is currently trading around 1.32585. Canadian dollar trades higher...

FxWirePro: Sell EUR/USD on rallies

Jun 13, 2017 08:58 am UTC| Technicals

EUR/USD shown a minor recovery from the low of 1.11664. The pair awaits US Fed monetary policy meeting which concludes on Wednesday for further direction. It is currently trading around 1.11922. Fed is expected to...

FxWirePro: Swedish krona appreciates sharply after CPI data

Jun 13, 2017 08:24 am UTC| Technicals

EUR/SEK is currently trading around 9.7485 levels. It made intraday high at 9.7999 and low at 9.7440 levels. Intraday bias remains bearish till the time pair holds key resistance at 9.8010 mark. A sustained...

FxWirePro: USD/JPY finds stiff resistance at 200-DMA (110.40), bias neutral

Jun 13, 2017 07:30 am UTC| Technicals

USD/JPY retraces previous sessions losses, edges above 5-DMA at 110.05. USD buying picks-up pace across the board as markets head into a 2-day FOMC meeting that commences today. High probability of Greenback...

FxWirePro: USD/INR hovers around key resistance at 64.52 mark, consistent close above targets 64.72 mark

Jun 13, 2017 07:10 am UTC| Technicals

USD/INR is currently trading around 64.44 marks. It made intraday high at 64.50 and low at 64.38 marks. Intraday bias remains bearish till the time pair holds key resistance at 64.52 marks. Key resistances...

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