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FxWirePro: Buy USD/CHF above 0.9700

Jun 09, 2017 08:26 am UTC| Technicals

USD/CHF is consolidating in narrow range between 0.96136 and 0.96963 for the past two trading session. The pair has broken major resistance at 0.9700 and jumped till 0.9766. It is currently trading around 0.97063. In...

FxWirePro: EUR/AUD breaks below 23.6% Fib, bias lower, stay short

Jun 09, 2017 07:33 am UTC| Technicals

EUR/AUD upside rejected at session highs at 1.4920, the pair has slipped below 23.6% Fibo 1.3626 to 1.5226 rise at 1.4850. Downside extending for 6th successive session after being rejected at major trendline...

FxWirePro: Silver fails to sustain above $17.72 mark, stay bearish

Jun 09, 2017 06:52 am UTC| Technicals

XAG/USD is currently trading around $17.32 marks. It made intraday high at $17.46 and low at $17.28 levels. Intraday bias remains bearish till the time pair holds key resistance at $17.72 mark. A daily close...

FxWirePro: GBP/AUD breaks support at 1.7066, eyes 200-DMA at 1.67, stay short

Jun 09, 2017 06:47 am UTC| Technicals

GBP sold-off in a spontaneous reaction to the result of the UK vote. GBP/AUD slumps 1.84 percent on the day, is currently trading at 1.6837. The pair has broken minor trendline support at 1.7066 levels, bias...

FxWirePro:GBP/USD trade lower after U.K election ends in hung parliament , good to sell on rallies

Jun 09, 2017 06:46 am UTC| Technicals

Cable has shown huge sell off after U.K election results. The pair declined almost 2% in the Asian session and hits 1.26500. U.K elections end in hung parliament and no party has gained a clear majority. There are 650...

“GBP/JPY acts as per FxWirePro’s whims and fancies”

Jun 09, 2017 06:36 am UTC| Technicals Research & Analysis Insights & Views

It seems that the pair has been acting as per our whim fancy, please be noted that we had advocated bullish call on this pair on 28th April. Please visit the below weblink for further readings on our previous technical...

FxWirePro: AUD/JPY faces stiff resistance upto 83.20, good to go long on break above

Jun 09, 2017 06:11 am UTC| Technicals

AUD/JPY has been rejected at session lows at 82.58 and is currently trading above the 83 handle. Upside finds series of stiff resistance upto 83.20 levels. Break above could see further upside. Technical studies...

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