
FxWirePro: EUR/GBP consolidates break above major trendline, bias higher
Mar 14, 2017 09:39 am UTC| Technicals
EUR/GBP has recovered most of Mondays losses, is holding above 5-DMA at 0.8722. GBP under pressure after the UK Parliament passed the Brexit bill that allows PM Theresa May to trigger Article 50 (at some point in late...

FxWirePro: Swedish krona trades marginally lower against euro ahead of Sweden’s CPI data
Mar 14, 2017 08:19 am UTC| Technicals
EUR/SEK is currently trading around 9.5318 levels. It made intraday high at 9.5371 and low at 9.5108 levels. Intraday bias remains bullish till the time pair holds key support at 9.5100 marks. A sustained...

FxWirePro: AUD/CAD finds major resistance at 1.0225, good to short rallies
Mar 14, 2017 07:38 am UTC| Technicals
AUD/CAD finds major resistance at 1.0225, only break above could see further upside. The pair is hovering around 5-DMA close below will add to the bearish bias. Bearish divergence on RSI adds thepossibility for...

FxWirePro: GBP/JPY struggles to close above trend line resistance, good to sell on rallies
Mar 14, 2017 07:12 am UTC| Technicals
Major resistance 140.60 (55- day EMA) Major support -138.40 GBP/JPY formed a minor bottom around 138.43 and jumped slightly from that level. It is currently trading around 139.69. On higher side, the pair...

FxWirePro: USD/ZAR trades in narrow range, short term trend reversal likely
Mar 14, 2017 07:08 am UTC| Technicals
USD/ZAR is currently trading around 13.15 levels. It made intraday high at 13.15 and low at 13.08 levels. Intraday bias remains neutral till the time pair holds key support at 13.12 marks. A daily close...

FxWirePro: Chinese yuan falls after mixed data from China
Mar 14, 2017 06:45 am UTC| Technicals
USD/CNY is currently trading around 6.9203 marks. It made intraday high at 6.9204 and low at 6.9045 levels. Intraday bias remains bullish till the time pair holds key support at 6.9039 mark. A sustained...

FxWirePro: AUD/USD upside capped by 50-DMA, bias lower, good to short rallies
Mar 14, 2017 06:38 am UTC| Technicals
On the daily charts, AUD/USD has bounced off daily cloud on March 9 trade. The pair has broken above 5-DMA but remains capped below strong resistance by 50-DMA at 0.7572. Intraday bias is lower. The pair is...