FxWirePro:AUD/USD consolidating around 0.7681, bias is bullish
Aug 15, 2016 17:16 pm UTC| Technicals
The AUD/USD inched higher in the US session, as commodity currencies strengthened across the board after oil prices rose sharply towards $46 per barrel. The pair hit high at 0.7691, after finding buying interest...
FxWirePro: USD/CAD dips below lower range, bearish bias increases
Aug 15, 2016 14:51 pm UTC| Technicals
USD/CAD has declined on Monday as the pair was weighted down after oil prices rose and Fridays sluggish U.S. data tempered expectations of a Federal Reserve interest rate hike this year. Further upside is expected to...
FxWirePro: USD/JPY neutral near-term, scope for downward resumption
Aug 15, 2016 13:50 pm UTC| Technicals
The USD/JPY pair declined on Monday, as sluggish U.S. retail sales data on Friday lowered expectations of a near-term interest rate hike by the Federal Reserve. Further upside is expected to be limited as the pair...

Aug 15, 2016 11:11 am UTC| Technicals
Major resistance 132.50 (7 day EMA). The pair has erased gains sharply after making a high of 132.50 yesterday. It is currently trading around 130.95. GBP/JPY breaks major support 132 and declined till...

CAD/JPY trades slightly above 7- day EMA, jump till 79.15/80 likely
Aug 15, 2016 08:16 am UTC| Technicals
Major resistance -79.15 (21 day MA). The pair has retreated sharply after making a high of 78.78. It is currently trading around 78.19. Short term trend is slightly bullish as long 77.77 (daily Tenken-Sen)...

FxWirePro: Swedish krona erases previous gain against USD; stay bullish
Aug 15, 2016 07:59 am UTC| Technicals
EUR/SEK is currently trading around 9.4590 levels. It made intraday high at 9.4599 and low at 9.4217 levels. Intraday bias remains bullish till the time pair holds key support at 9.4046 marks. A daily close...

FxWirePro: Chinese yuan depreciates against USD, PBOC sets yuan mid-point at 6.6430
Aug 15, 2016 07:27 am UTC| Technicals
USD/CNY is currently trading around 6.6400 marks. It made intraday high at 6.6480 and low at 6.6324 levels. Intraday bias remains bullish till the time pair holds key support at 6.6223 marks. On the top...