FxWirePro: USD/JPY drops 110.50 below as geopolitical worries spur safe-haven buying
Apr 11, 2017 14:31 pm UTC| Technicals
USD/JPY declined sharply on Tuesday as rising geopolitical tensions in the Middle East and the Korean peninsula pushed investors towards safe-haven assets such Japanese yen. Investors were cautious as possibility of...

FxWirePro: US Dollar index breaks minor trend line support, decline till 100.25 likely
Apr 11, 2017 13:11 pm UTC| Technicals
Major resistance -102.25 The index shown a jump till 101.34 from the low of 98.86 made on Mar 27th 2017. It is currently trading around 100.83. US Dollar index breaks major intraday trend line support at 100.86...

Apr 11, 2017 13:07 pm UTC| Technicals
Swiss franc weakened against all majors in the Asian session on Tuesday. Swiss franc fell to nearly 5- month low of 109.47 at the time of writing. On the data front, Switzerland total sight deposits advanced to level...

Apr 11, 2017 13:02 pm UTC| Technicals
Although the bullish attempt is observed in this pair, long legged doji has occurred again at the stiff resistance of 1.6869 levels. But bullish divergence on RSI is signaling mild upswings in the near future. On the...

FxWirePro: Sell USD/CHF below 1.0060
Apr 11, 2017 11:30 am UTC| Technicals
USD/CHF formed minor top around 1.01078 on Apr 10th 2017 and declining from that level. The pair declined till 1.00616 and is currently trading around 1.00707. On the lower side, any break below 1.0600 (trend line...

FxWirePro: CHF/JPY hits 5 month low, dip till 108 likely
Apr 11, 2017 10:18 am UTC| Technicals
Swiss franc weakened against all majors in the Asian session on Tuesday. Swiss franc fell to nearly 5- month low of 109.47 at the time of writing. On the data front, Switzerland total sight deposits advanced to level...

FxWirePro: AUD/CAD holds 100-DMA support at 0.9986, decisive break below could see further downside
Apr 11, 2017 08:53 am UTC| Technicals
AUD/CAD edges higher after holding support by 100-DMA at 0.9986. Technical studies are bearish, we see no signs of reversal in trend. Break below 100-DMA finds next immediate support at 200-DMA at...