
Apr 07, 2017 12:52 pm UTC| Technicals
Major support - 110.20 (trend line joining 102.89 and 104). CHF/JPY continuously showing weakness for the past twenty days and has broken major trend line support at 110.20 yesterday. Short term trend is still...

FxWirePro: AUD/CAD dips into daily cloud, on track to test 100-DMA at 0.9986
Apr 07, 2017 11:42 am UTC| Technicals
AUD/CAD price action dips into daily cloud, scope for downside. The pair is extending declines along 5-DMA, on track to test 100-DMA at 0.9986. Technical studies point to further downside, we see no signs of...

FxWirePro: EURUSD trades below trend line support, dip till 1.05250 likely
Apr 07, 2017 11:35 am UTC| Technicals
Major support 1.06400 (trend line joining 1.04940 and 1.06348). Major intraday resistance 1.0662 (21- 4H EMA). EURUSD has rallied against all major pairs after US fires missiles into Syria. All safe haven...

FxWirePro: CHF/JPY trades below trend line support, dip till 108.60 likely
Apr 07, 2017 10:02 am UTC| Technicals
Major support - 110.20 (trend line joining 102.89 and 104). CHF/JPY continuously showing weakness for the past twenty days and has broken major trend line support at 110.20 yesterday. Short term trend is still...

FxWirePro: EUR/JPY struggles at major trendline support at 117.50, good to go short on break below
Apr 07, 2017 08:18 am UTC| Technicals
EUR/JPY reversed spike to 118.15 amid risk-off after reports of US missile launch on Syria. Demand for safe-haven Japanese Yen strengthened, EUR/JPY hit lows of 117.31 before paring some losses to currently trade at...

FxWirePro: USD/CHF trades flat , market waits US NFP data for further direction
Apr 07, 2017 08:00 am UTC| Technicals
Major resistance 1.00377 (61.8% retracement of 1.0170 and 0.98136). The pair broken major resistance of 1.00375 and jumped till 1.00767 yesterday. It is currently trading around 1.00635. USD gained slightly...

FxWirePro: AUD/NZD breaks major trendline support at 1.0810, good to go short on rallies
Apr 07, 2017 06:45 am UTC| Technicals
AUD/NZD has broken major trendline support at 1.0810, bias lower. The pair now eyes next major support at 1.0747 (50-DMA), violation there could see test of 1.0698 (March 2 low). Aussie on the back-foot on a...