FxWirePro: USD/JPY dips ahead of Fed rate call, scope for further downside
Dec 14, 2016 15:19 pm UTC| Technicals
USD/JPY declined on Wednesday as investors awaited the outcome of the U.S. Federal Reserves meeting. The Fed is widely tipped to lift rates 25 basis points to 0.50-0.75 percent. The announcement is due at 2 p.m. ET...

Dec 14, 2016 13:01 pm UTC| Technicals
Major support 1.3100 (trend line joining 1.2460 and 1.27638). USD/CAD touched major trend line support 1.3100 yesterday. It is expected to break trend line support after US Fed monetary policy. US Fed Monetary...

FxWirePro: Bearish bias builds on USD/JPY intraday charts, focus on FOMC
Dec 14, 2016 12:44 pm UTC| Technicals
USD/JPY trades a narrow range as markets wary ahead of the FOMC meet which is a key event risk. Price action has slipped below 20-SMA on the 4-hourly charts and below 100-SMA on 1H charts. We notice build-up of a...

Dec 14, 2016 11:56 am UTC| Technicals
We urge you to go through below weblink before we begin with this edition of...

USD/CAD faces strong trend line support at 1.3100, break below targets 1.3000
Dec 14, 2016 11:50 am UTC| Technicals
Major support 1.3100 (trend line joining 1.2460 and 1.27638). USD/CAD touched major trend line support 1.3100 yesterday. It is expected to break trend line support after US Fed monetary policy. US Fed Monetary...

FxWirePro: NZD/CAD finds stiff resistance at 0.9498 (100-DMA), good to long break above
Dec 14, 2016 09:03 am UTC| Technicals
NZD/CAD has held major trendline support at 0.9335. Stochs have shown a rollover from oversold levels and are biased higher. RSI is also biased higher at 46 levels and will confirm higher momentum if it reaches...

FxWirePro:USD/CHF trades softer ahead of Fed monetary policy , good to buy at dips
Dec 14, 2016 09:00 am UTC| Technicals
Major support 1.0100 (21- day MA). The pair eased after last week rise till 1.021355. It has made a low of 1.0100 yesterday and is currently trading around 1.0113. On the lower side, 21- day MA is acting as...