
FxWirePro: Yen gains against major peers on the back of higher than expected current account data
Aug 08, 2016 01:16 am UTC| Technicals
USD/JPY is currently trading around 102.07 marks. It made intraday high at 102.25 and low at 101.85 levels. Intraday bias remains bullish till the time pair holds key support at 100.87 levels. A daily close...
FxWirePro: GBP/USD heads deeper into bear territory
Aug 05, 2016 14:57 pm UTC| Technicals
The Sterling remained in strong bearish tone against dollar on Friday as selling interest continued as the pair was weighted down after stronger than expected jobs data from the United States have again begun to stoke...
FxWirePro: EUR/USD outlook weaker on renewed downside pressure
Aug 05, 2016 13:57 pm UTC| Technicals
EUR declined sharply against US dollar on Friday after data showed U.S. employment increased more than expected in July. Nonfarm payrolls rose by 255,000 jobs last month as hiring increased broadly after an upwardly...

Aug 05, 2016 11:18 am UTC| Technicals
Major resistance- 0.9775 (21 day EMA) Major support: 0.9630 (Jul 29th low) The pair has broken minor resistance 0.9740 (7 day EMA) and jumped till 0.97522.It is currently trading around 0.97407. On the...

Aug 05, 2016 10:23 am UTC| Technicals
Bullish engulfing pattern occurred on this pair ever since it takes the major support at 0.7343 levels. Since then it has jumped above 7DMA and for now, upswings seems slightly nervous near 21DMA even though the...

FxWirePro: USD/CHF faces resistance at 21 day EMA, good to buy on dips
Aug 05, 2016 10:10 am UTC| Technicals
Major resistance- 0.9775 (21 day EMA). Major support: 0.9630 (Jul 29th low). The pair has broken minor resistance 0.9740 (7 day EMA) and jumped till 0.97522.It is currently trading around 0.97407. On the...

Aug 05, 2016 09:06 am UTC| Technicals
Major support 10090 (90 day EMA). The index recovered after making a low of 10090 on Aug 3rd 2016. It is currently trading around 10259. DAX has formed the temporary top around 10487 on Apr 21st 2016 and the...