FxWirePro: EUR/USD changes short term trend from bullish to bearish
Jul 05, 2016 17:34 pm UTC| Technicals
The EUR/USD pair has declined towards lower levels on Tuesday, as the US dollar gained strength across the board as weak Chinese data and Brexit worries triggered a fresh scramble for most liquid assets. At the moment...
FxWirePro: USD/CAD consolidating around 1.2950, bias is bullish
Jul 05, 2016 15:35 pm UTC| Technicals
Canadian dollar declined against US dollar on Tuesday, as the loonie was weighted down on uncertainty about the global of economic growth in the face of a slower China and signs of economic stress stemming from Britains...

Jul 05, 2016 12:30 pm UTC| Technicals
Major resistance: 1.11880 (Jun 24th high) The pair ahs jumped till 1.11855 at the time of writing and declined from that level. It is currently trading around 1.11400. The short term bearish trend from 1.14278...

FxWirePro: CAD/JPY upside capped by daily Tenkan-Sen, good to sell on rallies
Jul 05, 2016 12:12 pm UTC| Technicals
Major resistance- 80 (Jun 30th high) CAD/JPY has made a high of 79.95 yesterday and started to decline from that level. It is currently trading around 79.69. The pair has also broken major support 79.15 (4H...

FxWirePro: EUR/USD struggles to break above 1.1188, good to sell on rallies
Jul 05, 2016 10:04 am UTC| Technicals
Major resistance: 1.11880 (Jun 24th high) The pair ahs jumped till 1.11855 at the time of writing and declined from that level. It is currently trading around 1.11400. The short term bearish trend from 1.14278...

FTSE100 breaks below 6500, decline till 6408/6300 is possible
Jul 05, 2016 08:51 am UTC| Technicals
Major resistance 6625 (127.2% retracement of 6431 and 5727) Major support 6450 (200 WMA) The index has made a temporary top around 6628 and declined from that level. It is currently trading around 6502. On...
FxWirePro: Stay hedged or arbitraged in WTI crude ahead of economic concerns and API guesstimates
Jul 05, 2016 08:18 am UTC| Technicals Insights & Views
Technically, both daily and weekly charts suggest sell indications as there RSI signaling downward convergence with the slumping prices (currently RSI 14 trending at around 60 levels), while %D crossover sustains on slow...