
FxWirePro: USD/SGD hits fresh 6-week low at 1.4152, good to sell on rallies
Jan 18, 2017 01:05 am UTC| Technicals
USD/SGD is currently trading around 1.4190 marks. It made intraday high at 1.4194 and low at 1.4152 levels. Intraday bias remains neutral till the time pair holds key support at 1.4152 mark. A daily close...
FxWirePro: USD/CAD outlook weaker on renewed downside pressure
Jan 17, 2017 15:54 pm UTC| Technicals
The USD/CAD pair declined on Tuesday as the Canadian dollar strengthened as oil rallied and greenback selloff deepened. Falling U.S. dollar and Saudi Arabias pledge to adhere to OPECs commitment to cut output...
FxWirePro: USD/JPY resumes downside after Trump's trade policies concerns investors
Jan 17, 2017 15:16 pm UTC| Technicals
USD/JPY declined on Tuesday as traders were concerned about protectionist trade policies by U.S. President-elect Donald Trump, which hurt the U.S. dollar and increased demand for Safe-haven assets. Safe-haven assets...
FxWirePro: GBP/USD rallies above 1.2350 after May speech, scope for further upside
Jan 17, 2017 14:34 pm UTC| Technicals
The GBP/USD pair rose on Tuesday as sterling was boosted after Prime Minister Theresa May promised a parliamentary vote on Britains deal to leave the EU and said it would seek to stay a key European partner. May said...

US Dollar Index breaks major support 100.60, targets 99.45
Jan 17, 2017 12:29 pm UTC| Technicals
Major support 100.60 The U.S dollar index breaks major support at 100.60 and declined till 100.46 at the time of writing. It is currently trading around 100.55. Any break below 100.60 confirms major weakness, a...

Jan 17, 2017 12:26 pm UTC| Technicals
Major support 1.3150 (trend line joining 1.24607 and 1.27638). Major resistance -1.31900 Loonie has broken major trend line support at 1.31500 and closed well below that level in weekly chart. It is currently...

Jan 17, 2017 10:38 am UTC| Technicals
Despite todays vigorous upswings bulls struggle to spike above 7DMA show the sustenance at that level. The current price consistently remains below 7DMA, abreak below 1.2078 and 1.1971 to bring in amore bearish rout...