FxWirePro: USD/JPY stuck in range but maintains bullish bias
Oct 03, 2016 15:07 pm UTC| Technicals
USD/JPY pair rose in the US session on Monday after data showed the U.S. manufacturing sector grew by more than expected in September, returning into expansion territory. Demand for safe haven assets like Japanese yen...
FxWirePro: EUR/USD runs out of steam but maintains bullish outlook
Oct 03, 2016 13:35 pm UTC| Technicals
The EUR/USD pair traded in higher range on Monday as the pair was supported after reports surfaced that Deutsche Banks was negotiating a smaller fine with the U.S. Department of Justice. Deutsche Bank is throwing its...

Oct 03, 2016 12:27 pm UTC| Technicals
Major resistance 1.12680 (trend line joining 1.163 and 1.13660). Major support 1.1180 (100- day MA). The pair has taken support at 200- day MA and jumped from the level. It has jumped till 1.12507 level and is...

Oct 03, 2016 12:26 pm UTC| Technicals
We had already anticipated bear swings of this pair and recommended hedging strategies accordingly in the recent past, rest is history by now. For more reading on our previous write up please refer to the below...

FxWirePro: EUR/GBP spikes to fresh highs since Aug 2013, bias higher
Oct 03, 2016 12:17 pm UTC| Technicals
EUR/GBP spikes highest level since August 2013 GBP amid intense selling pressure after UK Prime Minister Theresa May pledged to trigger Article 50 by the end of first quarter of 2017. Upbeat UK manufacturing PMI...

EUR/USD trades well above 1.1200 level, jump till 1.1360 likely
Oct 03, 2016 11:29 am UTC| Technicals
Major resistance 1.12680 (trend line joining 1.163 and 1.13660). Major support 1.1180 (100- day MA). The pair has taken support at 200- day MA and jumped from the level. It has jumped till 1.12507 level and is...

Oct 03, 2016 11:06 am UTC| Technicals
Technical glimpse: From thelast couple of weeks, we kept urging for upside targets both fundamentally as well as technically (please refer to the below weblink for our previous write-ups): The pair has now formed a...