Eurozone wages grow at slowest pace in almost six years, raise concerns for ECB
Sep 16, 2016 14:05 pm UTC| Technicals
The European Unions statistics agency on Friday said Q2 wages were just 0.9 percent higher than in the same period a year earlier. It was the smallest increase since the third quarter of 2010 and a sharp slowdown from the...
FxWirePro: USD/CAD remains bullish as rally continues
Sep 16, 2016 14:04 pm UTC| Technicals
The USD/CAD pair remained bullish tone on Friday as buying interest continued as oil fell and domestic manufacturing sales rose by less than expected. Canadian manufacturing sales edged up by 0.1 percent in July from...
FxWirePro: GBP/USD dips below lower range, bearish bias increases
Sep 16, 2016 13:41 pm UTC| Technicals
The GBP/USD pair fell as low as 1.3107 in the early US session after data showed Consumer Price Index for August came better than expectations. Consumer Price Index rose 0.2 percent last month after being unchanged in...

Sep 16, 2016 12:50 pm UTC| Technicals
Major support 0.7250 (200- day MA). The pair has taken support at 200- day MA and jumped from that level. It is currently trading around 0.7307. AUD/CHF is trading slightly above 100- day MA and it trading well...

FxWirePro: Cable struggles to close above 10 –day MA, good to sell on rallies
Sep 16, 2016 10:58 am UTC| Technicals
Major resistance- 1.3290 (10- day MA) Major support -1.3135 (50% retracement of 1.27893 and 1.34805) Cable has formed a temporary top around 1.32784 yesterday and declined from that level. It is currently...

Sep 16, 2016 09:51 am UTC| Technicals
Technical Inference: We spotted out thetriple top pattern on daily charts of gold prices with top 1 at 1375.15, top 2 at 1367.30, top 3 at 1352.61 and neckline at 1308.42 levels. The current prices have tested...

FxWirePro: AUD/CHF takes support at 200- day MA, good to sell on rallies
Sep 16, 2016 09:12 am UTC| Technicals
Major support 0.7250 (200- day MA). The pair has taken support at 200- day MA and jumped from that level. It is currently trading around 0.7307. AUD/CHF is trading slightly above 100- day MA and it trading well...