
FxWirePro: Taiwanese dollar falls in early hours of Asia on the back of lower than expected CPI data
Sep 06, 2016 01:18 am UTC| Technicals
USD/TWD is currently trading around 31.45 marks. It made intraday high at 31.50 and low at 31.37 marks. Intraday bias remains bearish till the time pair holds key resistance at 31.79 marks. A daily close...
FxWirePro: USD/JPY loses momentum but outlook is bullish
Sep 05, 2016 17:26 pm UTC| Technicals
USD/JPY pair has recovered some ground to trade around 103.32 levels, having declined down earlier towards 103.12 during in the early European session. The pair is currently trading a few pips above its daily lows,...
FxWirePro: GBP/USD reverses recent rally but maintains bullish bias
Sep 05, 2016 15:26 pm UTC| Technicals
The GBP/USD pair jumped up towards 1.3372 after data showed Britains services industry bounced back strongly in August from a slump triggered by Junes vote to leave the European Union. However, the pair reversed...
FxWirePro: EUR/USD resumes downside after failing to break above 1.1170 levels
Sep 05, 2016 14:12 pm UTC| Technicals
The EUR/USD pair resumed its bearish trend on Monday as euro was back under bearish pressure on markets bet that the U.S. Federal Reserve was still likely to raise interest rates in the coming months, despite last weeks...

FxWirePro: EURUSD faces strong resistance at 1.1260, good to sell on rallies
Sep 05, 2016 11:45 am UTC| Technicals
Majorresistance-1.1260. Thepairhasmadeahighof1.12525yesterdayafterslightlyweakerthanexpectedUSNon-Farm-Payrollandstartedtodeclinefromthatlevel.Itiscurrentlytradingaround1.11606. InthedailychartEUR/USDisfacingstron

Sep 05, 2016 10:58 am UTC| Technicals
Major resistance - 138.85 Major support - 137.30 (55- H EMA). GBP/JPY has once gain retreated after jumping till 138.46 at the time of writing.It is currently trading around 137.65. Short term trend is slightly...

FxWirePro: FTSE100 struggles to break above 6950, good to sell on rallies
Sep 05, 2016 08:49 am UTC| Technicals
Majorresistance6956(Aug 15th 2016 high). Majorsupport6693(50- day MA). Theindexhasretreatedfromthehighof6930yesterday.Itiscurrentlytradingaround6888. FTSE100isfacingstrongresistanceat6950...