FxWirePro: USD/JPY outlook weaker on renewed downside pressure
Mar 21, 2017 18:47 pm UTC| Technicals
USD/JPY declined on Tuesday as demand for safe-haven assets like Japanese currency increased as investors looked for fresh cues following last week on the U.S. Federal Reserves moderately dovish stance. Investors were...

FxWirePro: USD/CHF upside capped by 7-day MA, good to sell on rallies
Mar 21, 2017 12:44 pm UTC| Technicals
Major resistance 1.0030 (7- day MA). Major support 0.9914 (200 day MA). USD/CHF has shown a minor jump till 1.000 and declined from that level. It is currently trading around 0.99538. The pair should break...

Mar 21, 2017 12:09 pm UTC| Technicals
Major support 100 Minor intraday resistance 100.40 DXY broken major psychological support of 100 at the time of writing. The index was trading between 100.06 and 102.26 for the past week. After six week of...

GBP/USD breaks trend line resistance after CPI data, jump till 1.2520 likely
Mar 21, 2017 11:26 am UTC| Technicals
Major resistance 1.2435 Cable rallied sharply after better than expected CPI data. UK CPI came at 2.3% Y/Y compared to forecast of 2.1%. The pair has broken trend line resistance at 1.24350 and jumped till...

FxWirePro:DXY breaks major support at 100,decline till 99.25 likely
Mar 21, 2017 10:05 am UTC| Technicals
Major support 100 Minor intra day resistance 100.40. DXY broken major psychological support of 100 at the time of writing. The index was trading between 100.06 and 102.26 for the past week. After six week of...

FxWirePro:DXY breaks major support at 100,decline till 99.25 likely
Mar 21, 2017 10:05 am UTC| Technicals
Major support 100 Minor intra day resistance 100.40. DXY broken major psychological support of 100 at the time of writing. The index was trading between 100.06 and 102.26 for the past week. After six week of...

FxWirePro: EUR/SEK remains well supported above 9.4700 mark, sustained close below targets 9.4310
Mar 21, 2017 08:34 am UTC| Technicals
EUR/SEK is currently trading around 9.4820 levels. It made intraday high at 9.4863 and low at 9.4677 levels. Intraday bias remains neutral till the time pair holds key support at 9.48 marks. A sustained...