Kiwi extends rally on PM’s comment
Jul 20, 2015 09:29 am UTC| Technicals
The Kiwi surprised on the upside in very quiet trading session, made high at 0.6599 levels.A strong upside move was initiated by New Zealand Prime Minister John Key, who indirectly hinted at the possibility of the kiwi...
FxWirePro: EUR/CHF rangebound, daily cloud base by 1.0403 supports
Jul 20, 2015 08:54 am UTC| Technicals
Bid tone around the single currency is helping EUR/CHF higher, currently trades at 1.04452 Daily price action in the pair remains within the cloud, supported by cloud base at 1.0403 The pair trades range-bound with days...
FxWirePro: EUR/GBP off from Friday's 8 year low, but correction likely to be small
Jul 20, 2015 08:14 am UTC| Technicals
GBP appears attractive against the low-yielding European currencies and is likely to continue its outperformance in the near term The common currency is finding some support in the European session and EUR/GBP is off...
AUD/USD spikes to fresh intraday high above $0.7380
Jul 20, 2015 06:57 am UTC| Technicals
The Australian dollar was the main straggler in a quiet start to the week Market to look forward for the RBA minutes and RBNZ meeting due later in the week RBA CPI due release on Wednesday, market expects the RBAs...
AUDUSD is supported below $0.7350
Jul 20, 2015 04:21 am UTC| Technicals
Weak commodities weighing on AUD sentiment as terms of trade deteriorate. Pair has opened up further downside potential, now en-route to 0.73 levels, after absorption of bids through 0.7350, with both, broad-based USD...
FxWirePro: USD/JPY approaching resistance level at 124.16, buy deals are recommended above 123.80
Jul 17, 2015 12:14 pm UTC| Technicals
USD/JPY approaching resistance level at 124.16, currently the pair is trading at 124.03. The pair is set to advance further towards 124.40 and later 124.70 levels. Japanese Yen is weaker against US Dollar, Dollar is all...
FxWirePro: EUR/USD sell below 1.0900, bearish in the short term
Jul 17, 2015 12:12 pm UTC| Technicals
EUR /USD bulls failed to close above resistance level at 1.0915. The pair is all set to resume its bearish downward trend in the coming session. The pair is currently trading around 1.0880 levels. It is expected...