FxWirePro: USD/CAD regains upwards momentum, critical resistance lies ahead
Jun 28, 2016 17:41 pm UTC| Technicals
The USD/CAD pair regained upside on Tuesday as stronger dollar and lower oil prices weighted on risk-sensitive commodity currency. The pair hit low at 1.2965 before rebounding sharply to trade around 1.3070 levels in...

US Oil breaks minor trend line resistance, targets $48.24/$48.85.
Jun 28, 2016 11:27 am UTC| Technicals
Minor Trend line resistance- $47.30 (trend line joining $48.37 and $47.93) Major support - $46.80 (Hourly Kijun-Sen) US Oil has broken minor trend line resistance at $47.30 and jumped till $47.68 at the time of...

FxWirePro: 5-DMA caps upside in NZD/CAD, good to sell rallies
Jun 28, 2016 10:23 am UTC| Technicals
NZD/CAD is extending downside from 4-month highs of 0.9297 hit on Friday. The pair has slipped below 5-DMA and is currently trading around 0.9178 levels. Recovery attempts were capped by 5-DMA at 0.9198 which is...

Jun 28, 2016 10:03 am UTC| Technicals
The pair is trading at around 4 and half years lows after Brexit shock. Bulls seem to be completely edgy as bears momentum is intensified, especially after clearing major supports at 1.4143 and 1.3739 levels. Current...

AUD/CHF breaks minor trend line resistance, a jump till 0.7364/0.7380 is possible
Jun 28, 2016 09:45 am UTC| Technicals
Major resistance -0.7220 (trend line joining 0.7364 and 0.7304) Major support 0.7155 (61.8% retracement of 0.7034 and 0.7364) The pair has recovered sharply after making a low of 0.7165. It is currently trading...

FxWirePro: AUD/CAD rejected at highs by 0.9628, bias lower, good to sell rallies
Jun 28, 2016 09:25 am UTC| Technicals
AUD/CAD is extending downside from 2-month highs of 0.9745 hit on Friday (0.9746 is 50% Fib retrace of Dec 2015 to May 2016 fall). On the day, the pair was rejected at highs by 0.9628 and is currently trading around...

Jun 28, 2016 08:22 am UTC| Technicals
Major intraday resistance -2010 (Hourly Kijun-Sen) Major intraday support- 2000 Pattern Formed (Hourly chart)- Bullish divergence (CCI (50) and RSI (14). The index has recovered after making a low of 1989....