
FxWirePro: USD/SGD trades in narrow range, bias remains bullish
Oct 27, 2016 01:12 am UTC| Technicals
USD/SGD is currently trading around 1.3913 marks. It made intraday high at 1.3916 and low at 1.3905 levels. Intraday bias remains bullish till the time pair holds key support at 1.3839 marks. A sustained...
FxWirePro: USD/CAD remains bullish as rally continues
Oct 26, 2016 18:21 pm UTC| Technicals
The USD/CAD pair remained in bullish tone on Wednesday as oil co-related Canadian dollar was weighted down by declining oil prices as investors doubted that OPEC would cut production enough to drain a global glut. The...
FxWirePro: EUR/USD gains some upside momentum but still bearish
Oct 26, 2016 15:59 pm UTC| Technicals
The EUR/USD pair inched higher on Wednesday as risk-aversion environment in global markets and uncertainty surrounding Federal Reserve Monetary policy and upcoming US elections weakened the greenback. The currency...
FxWirePro: AUD/USD consolidating around 0.7668, bias is bullish
Oct 26, 2016 15:11 pm UTC| Technicals
The AUD/USD pair surged higher on Wednesday as the pair got a lift by higher-than-expected Aussie inflation reading that dented chances of an interest rate cut by Reserve Bank of Australia. Consumer prices rebounded...

Oct 26, 2016 13:59 pm UTC| Technicals
Before we begin with this technical write up, just to bring into your notice that this precious yellow metal has always been US rates sensitive commodity. The gold price has been spiking at 3 weeks highs but remained...

Oct 26, 2016 12:35 pm UTC| Technicals
Major support - 126.15 (trend line joining 125.91 and 126.12) Minor resistance- 128.03 (100- 4H EMA) GBP/JPY has once again recovered after declining till 126.60.It is currently trading around 127.32. On the...

FxWirePro: GBP/JPY trades in narrow range, good to sell on rallies
Oct 26, 2016 12:33 pm UTC| Technicals
Major support - 126.15 (trend line joining 125.91 and 126.12) Minor resistance- 128.03 (100- 4H EMA). GBP/JPY has once again recovered after declining till 126.60.It is currently trading around 127.32. On...