
FxWirePro: Japanese Yen falls slightly despite better than expected current account data
Apr 08, 2016 01:09 am UTC| Technicals
USD/JPY is currently trading around 108.65 marks. It made intraday high at 108.81 and low at 108.06 levels. Today Japan released current account data with positive numbers. The current account surplus...
FxWirePro: EUR/USD stuck in range but outlooks remains bearish
Apr 07, 2016 19:03 pm UTC| Technicals
The EUR/USD pair inched higher towards 1.1398 levels gaining back the losses suffered in the earlier session in the early American session following soft US jobs data. The US Jobless data came out mixed, initial...
FxWirePro: Gold rallies towards 1255 on weak dollar after Fed remains cautious over rates
Apr 07, 2016 17:16 pm UTC| Technicals
Gold has inched higher on Thursday as demand for yellow metal was boosted after yesterdays dovish Fed statement. The yellow metal jumped 2 percent on the day as the dollar remained under pressure as uncertainty around...
FxWirePro: GBP/USD gains some upside momentum but still strongly bearish
Apr 07, 2016 15:07 pm UTC| Technicals
The British pound has recovered some ground against dollar after sharply declining in the European session to hit low at 1.4050. Soft US jobless claims gave the pair a boost during the early American session as continuing...
FxWirePro: AUD/USD hits 1-week low, bias back to downside
Apr 07, 2016 14:29 pm UTC| Technicals
AUD/USD declined sharply on Thursday as Australian dollar was weighed down by decline in commodities prices and the increasing concerns over a global economic slowdown. With a no economic data release scheduled in the...
FxWirePro: USD/JPY heads deeper into bear territory, more downside expected
Apr 07, 2016 13:38 pm UTC| Technicals
The USD/JPY pair declined to hit low at 112.36 levels during mid-European session, however the pair pulled back some losses after the release of jobless claims data from US market. The pair hit fresh 17 -month low on...

Apr 07, 2016 13:02 pm UTC| Technicals
Bears in GBPUSD dont seem to be complacent as this is evident if you observe that the sterling against dollar has been collapsed almost about 11.67% in last 10 months, observing at the current GBP environment we could...