
FxWirePro: Aussie gains against major peers on robust NAB’s business confidence data
Feb 14, 2017 01:06 am UTC| Technicals
AUD/NZD is currently trading around 1.0664 marks. Pair made intraday high at 1.0668 and low at 1.0635 marks. Intraday bias remains bullish till the time pair holds immediate support at 1.0594 marks. A daily...
FxWirePro: EUR/USD neutral in the near-term, scope for downward resumption
Feb 13, 2017 15:27 pm UTC| Technicals
The EUR /USD pair fell as low as 1.0595 in the early US session, as the dollar held firm ahead to testimony by Federal Reserve Chair Janet Yellen on Tuesday and Wednesday and waited on a busy week of economic...
FxWirePro: USD/JPY consolidating around 113.89, bias is bullish
Feb 13, 2017 14:52 pm UTC| Technicals
USD/JPY rose on Monday as greenback was buoyed by a smooth meeting between U.S. President Donald Trump and Japanese Prime Minister Shinzo Abe that saw no mention of currency policy. The U.S. currency found broad...

FxWirePro:US Dollar Index upside capped by 38.2% fibo, good to buy on dips
Feb 13, 2017 12:55 pm UTC| Technicals
Major support 99.25 Major intraday resistance 101.02 (Feb 7th 2017 high and 38.2% retracement of 103.82 and 99.23). U.S. Dollar index has once again slightly declined after jumping till 101.02. It is currently...

Feb 13, 2017 12:24 pm UTC| Technicals
Reason for Long term trend reversal: The pair is trading well above 200- day MA for the two consecutive days Trades well above short term trend line support. Trades slightly above 21- day EMA and 55- day...

FxWirePro: S&P500 forms 161.8% retracement and Bearish Divergence
Feb 13, 2017 10:36 am UTC| Technicals
Major resistance 2326 (161.8% retracement of 2303.70 and 2266.70) Major support - 2265 Pattern formed Bearish Divergence (RSI and MACD). SP500 broken major trend line resistance 2315 and jumped till 2321...

Feb 13, 2017 10:22 am UTC| Technicals
EURUSD major trend has been sliding through slopping channel. The prices began consolidating ever since bulls took support at 1.0453 levels. As a result, weve seen bull swings after dragonfly doji (which is bullish...