
FxWirePro: AUD/USD holds major trendline support 0.7370, good to go short on break below
Jun 02, 2017 07:32 am UTC| Technicals
AUD/USD stages modest recovery from previous sessions slump, bias remains lower. The pair has edged higher from 3-week lows at 0.7371, as Aussie bulls, found some respite from todays release of New Home Sales...

FxWirePro: USD/CNY back above 6.80 mark, PBOC sets yuan mid-point at 6.8070
Jun 02, 2017 07:24 am UTC| Technicals
USD/CNY is currently trading around 6.8162 marks. It made intraday high at 6.8209 and low at 6.8012 levels. Intraday bias remains slightly bullish for the moment. A sustained close above 6.8028 marks will...

FxWirePro: AUD/CAD extends grind below 200-DMA, test of trendline support at 0.9860 likely
Jun 02, 2017 06:50 am UTC| Technicals
AUD/CAD is extending grind below 200-DMA at 1.0025, bias lower. Antipodeans knocked down to fresh daily troughs following the release of worse-than-expected Chinese manufacturing PMI on Thursday. Chinas Caixin...

FxWirePro: USD/ZAR falls below 13.00 mark, good to sell on rallies
Jun 02, 2017 06:21 am UTC| Technicals
USD/ZAR is currently trading around 12.90 levels. It made intraday high at 12.91 and low at 12.85 levels. Intraday bias remains bearish for the moment. A daily close above 12.87 will take the parity...

FxWirePro: EUR/JPY breaks above 20-DMA, bias higher, good to go long on dips
Jun 02, 2017 06:08 am UTC| Technicals
EUR/JPY extends upside for 3rd consecutive session, breaks above 125 handle. The pair is trading with a bullish bias, we see scope for test of channel top at 126 levels. Japanese Yen remains on the back foot amid...

FxWirePro: GBP/JPY upside capped by trend line resistance, break above targets 145.40
Jun 02, 2017 06:06 am UTC| Technicals
GBP/JPY formed a bottom around 141.48 slightly below 50- day MA and jumped sharply from that level. The pair hits high of 143.95 at the time of writing and is currently trading around 143.69. It has broken slightly...

FxWirePro: USD/JPY holds above 5-DMA, focus on non-farm payrolls data
Jun 02, 2017 05:32 am UTC| Technicals
USD/JPY extends gains above 111 handle ahead of crucial non-farm payrolls data. Strong US ADP employment report released in the NY session overnight strengthened the bid tone around the USD. The possibility of a...