FxWirePro: USD/CAD rallies above 1.13100, upside bias remains
Oct 18, 2016 18:27 pm UTC| Technicals
The USD/CAD pair inched higher in the US session hitting as high as 1.3138 after U.S. consumer prices showed underlying inflation moderated in September reinforcing expectations that Federal Reserve will raise interest...
FxWirePro: EUR/USD changes short term trend from neutral to bearish
Oct 18, 2016 17:45 pm UTC| Technicals
The EUR/USD pair declined towards lower levels on Tuesday as the US dollar gained strength across the board after traders viewed that Federal Reserve will likely raise U.S. interest following positive US inflation...
FxWirePro: USD/JPY maintains bullish bias with focus on 105.00 levels
Oct 18, 2016 14:07 pm UTC| Technicals
USD/JPY rose on Tuesday as dollar rallied across the board after U.S. consumer prices recorded their biggest gain in five months in September as the cost of gasoline and rents surged,reinforcing expectations that Federal...

Oct 18, 2016 12:53 pm UTC| Technicals
Major resistance- 0.7600 (Apr 21st high). Major support 0.7520 (23.6% retracement of 0.7280 and 0.75988). The pair is facing strong resistance at 0.7600 and any break above 0.76000 confirms major trend reversal....

AUD/CHF faces strong resistance at 0.7600, break above targets 0.7750/0.7770
Oct 18, 2016 11:53 am UTC| Technicals
Major resistance- 0.7600 (Apr 21st high). Major support 0.7520 (23.6% retracement of 0.7280 and 0.75988). The pair is facing strong resistance at 0.7600 and any break above 0.76000 confirms themajor trend...

FxWirePro: S&P500 upside capped by 10- day MA, good to buy on dips
Oct 18, 2016 10:15 am UTC| Technicals
Major resistance- 2150 (10- day MA). Major support -2108 (Sep 12th 2016 low). The index formed a temporary bottom at 2112 and started to jump from that level. It is currently trading around 2137.70. SP500...

FxWirePro: CAD/JPY forms Gravestone Doji in the hourly chart, good to sell on rallies
Oct 18, 2016 09:58 am UTC| Technicals
Candlestick Pattern Formed- Gravestone Doji. CAD/JPY breaks major resistance at 100 day MA 79.30 and jumped till 79.66 at the time of writing. It is currently trading around 79.61. In the hourly chart, the pair...