
Apr 05, 2017 12:18 pm UTC| Technicals
Major resistance 1.00377 (61.8% retracement of 1.0170 and 0.98136). The pair is trading in narrow range between 0.99943 and 1.00375 for the past three trading days. It is currently trading around 1.00375. The...

FxWirePro: EURUSD faces strong resistance at 1.0706, break above targets 1.0800
Apr 05, 2017 12:07 pm UTC| Technicals
Major support 1.06365 (Trend line joining 1.04971 and 1.05250). Major intraday resistance 1.0706 (21- day EMA). Pattern formed Bullish Divergence (RSIMACD). EUR/USD shown a slight jump after declining...

USD/CHF upside capped by 61.8% retracement, good to buy on dips
Apr 05, 2017 09:48 am UTC| Technicals
Major resistance 1.00377 (61.8% retracement of 1.0170 and 0.98136). The pair is trading in narrow range between 0.99943 and 1.00375 for the past three trading days. It is currently trading around 1.00275. The...

FxWirePro: EUR/JPY finds major support at 117.50, good to go short on break below
Apr 05, 2017 08:56 am UTC| Technicals
EUR/JPY upside stalled shy of 5-DMA at 118.56, the pair has retreated from session tops to currently trade around 118.20 region. A downward revision of the final Euro-zone services PMI prints for March further weighed...

FxWirePro: Swedish krona gains after mixed economic data from Sweden
Apr 05, 2017 08:18 am UTC| Technicals
EUR/SEK is currently trading around 9.5753 levels. It made intraday high at 9.6129 and low at 9.5730 levels. Intraday bias remains bearish for the moment. A sustained close above 9.6099 tests key resistances...

FxWirePro: NZD/JPY holds major support at 77, good to go short on break below
Apr 05, 2017 07:33 am UTC| Technicals
NZD/JPY has broken below 200-DMA at 77.39, but downside is holding major trendline support at 77 levels. Kiwi slightly bid on higher oil prices and Moodys upbeat remarks on New Zealands AAA. Slightly weaker GDT...

FxWirePro: GBP/JPY downside capped by 200 –day MA, good to sell on rallies
Apr 05, 2017 07:21 am UTC| Technicals
Major support 136.98 (200- day MA) Major resistance 140.10 GBPJPY broken the major support at 137.50 low formed on Mar 29th 2017 yesterday and declined till 137.08 level . It is currently trading around...