
FxWirePro: Aussie falls against major peers in early hours of Asia ahead of RBA’s cash rate decision
Feb 07, 2017 01:04 am UTC| Technicals
AUD/NZD is currently trading around 1.0442 marks. Pair made intraday high at 1.0465 and low at 1.0439 marks. Intraday bias remains slightly bearish till the time pair holds immediate resistance at 1.0507...
FxWirePro: EUR/USD strongly bearish despite upside attempts
Feb 06, 2017 16:52 pm UTC| Technicals
The EUR /USD pair declined on Monday as dollar regained some ground after being hit by a poor wages report last week and political uncertainty ahead Frances presidential election weighted on Euro. Investors were...
FxWirePro: GBP/USD outlook weaker on renewed downside pressure
Feb 06, 2017 15:35 pm UTC| Technicals
The Sterling remained in strong bearish tone against dollar on Monday as worries about the political landscape in the United Kingdom weighed on Sterling. A three-day debate on a law giving May the right to trigger...
FxWirePro: USD/CAD consolidating around 1.3085, bias is bullish
Feb 06, 2017 14:47 pm UTC| Technicals
The USD/CAD pair rose on Monday as oil dipped and the dollar was broadly steadier after a poor set of wages data on Friday. The price of oil, one of Canadas major exports, edged down below $57 barrel on Monday as a...

FxWirePro: USD/ZAR rejects key support at 13.20 mark, short term trend reversal likely
Feb 06, 2017 07:56 am UTC| Technicals
USD/ZAR is currently trading around 13.27 levels. It made intraday high at 13.28 and low at 13.23 levels. Intraday bias remains slightly bullish for the moment. A daily close above 13.22 will take the...

FxWirePro: EUR/GBP capped below 100-DMA at 0.8653, intraday bias neutral
Feb 06, 2017 07:37 am UTC| Technicals
EUR/GBP upside capped below 100-DMA at 0.8653, bias remains neutral for the day. Pound dented by Bank of Englands neutral policy stance. GBP bulls likely to stay on the sidelines ahead of the next months article...

FxWirePro: AUD/NZD downside supported by 20-DMA at 1.0472, weakness only on close below
Feb 06, 2017 06:48 am UTC| Technicals
AUD/NZD was rejected at major trendline resistance at 1.0530 on Fridays trade. The pair is trading 0.15 percent lower on the day, remains capped below 100-DMA at 1.0508. We see a possible shooting starformation...