FxWirePro: GBP/USD runs out of steam but maintains bullish outlook
Sep 07, 2016 16:00 pm UTC| Technicals
GBP/USD declined on Wednesday as sterling attracted seller after data showed British manufacturing output fell at the fastest pace in a year in July, in the immediate aftermath of Britains vote to leave the European...
FxWirePro: EUR/USD neutral in the near-term, scope for further upside
Sep 07, 2016 13:57 pm UTC| Technicals
EUR/USD paused its uptrend in the early US Session, as investors seem guarded from making big bets ahead of ECB Press conference. ECB is expected to leave monetary policy unchanged when it meets on Thursday. Currently...

Sep 07, 2016 13:03 pm UTC| Technicals
Major resistance -78.50 (daily Kijun-Sen). The pair has recovered sharply after making a low of 78.74. It is currently trading around 79.12. Short term trend is slightly bullish as long as support 78.50...

FxWirePro: CAD/JPY faces strong support at 78.50, good to buy on dips
Sep 07, 2016 12:03 pm UTC| Technicals
Major resistance -78.50 (daily Kijun-Sen). The pair has recovered sharply after making a low of 78.74. It is currently trading around 79.12. Short term trend is slightly bullish as long as support 78.50...

FxWirePro: DAX30 downside capped by 5- day MA, good to buy on dips
Sep 07, 2016 10:02 am UTC| Technicals
Major support 10540 (trend line joining 10093 and 10438). The index has slightly recovered after making a low of 10656 yesterday and is currently trading around 10719. In the daily the index is consolidating...

EUR/USD faces strong resistance at 1.1263, break above targets 1.1366
Sep 07, 2016 07:57 am UTC| Technicals
Major resistance- 1.12630 (50% retracement of 1.16163 and 1.09115). Major support 1.1200 (100- day MA). EUR/USD has slightly retreated after making a high of 1.12650. It is currently trading around...

FxWirePro: AUD/USD breaks major trendline resistance at 0.7640, good to long dips
Sep 07, 2016 07:25 am UTC| Technicals
In line Australia GBP data along with higher commodities prices, especially oil and copper to keep Aussie supported. RBA left the cash rate unchanged at a record low of 1.5% earlier today. Downside remains cushioned...