
Jul 07, 2016 07:59 am UTC| Technicals
Bull swings have shown supply zone at trendline resistance on daily charts. In previous two months, the pair has shown a considerable price recovery from 0.9389 levels to the current 0.9715 levels. But the current...

FxWirePro: EUR/GBP rejected at highs, retraces back to 0.8550
Jul 07, 2016 07:34 am UTC| Technicals
EUR/GBP struggles to keep gains above 0.86 handle, retraces back to 0.8550 levels. Expectations of further monetary easing by BoE lifted the pair to its highest level since late August 2013 on Wednesday. The pair...

FxWirePro: USD/CNY hovers around 6.68 mark, PBOC sets yuan mid-point at 6.6820 per dollar
Jul 07, 2016 07:10 am UTC| Technicals
USD/CNY is currently trading around 6.6845 marks. It made intraday high at 6.6900 and low at 6.6753 levels. Intraday bias remains neutral till the time pair holds key resistance at 6.6923 levels. On the top...

FxWirePro: USD/CHF faces strong support at 0.9670, good to buy at dips
Jul 07, 2016 06:47 am UTC| Technicals
Major Intraday resistance -0.9764 (200 HMA) USD/CHF has declined sharply after making a high of 0.98057.It is currently trading at 0.97514. Short term decline from 0.9960 till 0.9512 will come to end if the pair...

FxWirePro: USD/ZAR refrains from breaking key resistance at 14.96, stay bearish
Jul 07, 2016 06:29 am UTC| Technicals
USD/ZAR is currently trading around 14.72 levels. It made intraday high at 14.79 and low at 14.69 levels. Intraday bias remains bearish till the time pair holds key resistance at 14.96 marks. A daily close...

Jul 07, 2016 06:16 am UTC| Technicals
During the course of convincing rallies of AUDJPY, yesterday bears pulled back at 76.176 levels on daily charts (strong resistance at 7DMA), thereby, bears resume weakness back again to signify long term bear trends...

FxWirePro: GBP/JPY faces strong resistance at 132, good to sell on rallies
Jul 07, 2016 06:14 am UTC| Technicals
Major resistance -132 (55 H EMA) The pair has retreated sharply after making a high of 131.32 at the time of writing. It is currently trading around 130.72. GBP/JPY have declined till 128.60 yesterday and closed...
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