
FxWirePro: AUD/USD downside capped at 5-DMA, weakness only on break below
Jun 09, 2017 12:24 pm UTC| Technicals
AUD/USD hovers around 200-DMA at 0.7531, extends consolidation phase. Downside for now seems to be capped by 5-DMA at 0.7524, we see weakness on break below. Momentum indicators on weekly charts are biased...

Jun 09, 2017 11:55 am UTC| Technicals
EUR/USD broken the major support 1.1200 after slightly dovish ECB. The pair has declined till 1.11699. It is currently trading around 1.11800. ECB kept its interest rates unchanged at 0% and deposit rates at -0.4%.It has...

Jun 09, 2017 11:42 am UTC| Research & Analysis Insights & Views Technicals
After ECBs monetary policy session, euro vols have collapsed, lets have a glance through the implied volatilities of EURCHF ATM contracts from the above nutshell, IVs of this underlying pair of all expiries have still been...

FxWirePro: NZD/CAD pivotal near 78.6% Fib, Doji formation heightens downside risk
Jun 09, 2017 11:10 am UTC| Technicals
NZD/CAD has edged lower after hitting fresh 7-month highs at 0.9758. The pair remains pivotal near 78.6% Fib (0.9925 to 0.9171 fall) at 0.9750. Momentum indicators are at highly overbought levels with scope for...

FxWirePro: NZD/JPY breaks major trendline resistance at 79, good to go long on dips
Jun 09, 2017 09:21 am UTC| Technicals
NZD/JPY has shown a decisive break above major trendline resistance at 79. The pair has broken range trade between 100 and 200 day moving averages. 200-DMA at 78.33 is strong support on the downside, break below...

FxWirePro: EUR/USD trades below trend line support, decline till 1.1100 is likely
Jun 09, 2017 09:20 am UTC| Technicals
EUR/USD broken the major support 1.1200 after slightly dovish ECB. The pair has declined till 1.11699. It is currently trading around 1.11827. ECB kept its interest rates unchanged at 0% and deposit rates at -0.4%.It...

FxWirePro: USD/CAD trades higher on weak crude oil, good to buy on dips
Jun 09, 2017 09:15 am UTC| Technicals
Canadian dollar is trading lower against all major pair for the past two days on account of weak oil prices. Loonie jumped sharply till 1.35376 after forming minor bottom around 1.34263 yesterday. It is currently trading...