
FxWirePro:EUR/USD pares gains after Fed meeting, good to sell on rallies
Apr 27, 2016 18:36 pm UTC| Technicals
Major resistance- 1.1394 (Apr 26th high) EUR/USD has retreated from high of 1.13602 after Fed removed the reference the global risks in Apr statement .It is currently trading around 1.13163. The Federal reserve...
FxWirePro: AUD/USD hits 10-days low, bias back to downside
Apr 27, 2016 17:59 pm UTC| Technicals
AUD/USD declined sharply on Wenesday as Australian dollar was weighed down less than expected inflation reading. The antipodean currency declined sharply, despite the broad dollar sell off across the...
FxWirePro: Gold inches higher as dollar weakens ahead of Fed policy
Apr 27, 2016 16:23 pm UTC| Technicals
Gold inched higher on Wednesday as US dollar was modestly weaker on expectation that Federal Reserve would strike a dovish tone ahead of Federal Reserve policy statement. The Fed is expected to hold interest rate...
FxWirePro: USD/JPY loses momentum but outlook is bullish
Apr 27, 2016 14:25 pm UTC| Technicals
The USD/JPY pair inched slightly higher on Wednesday, as investors waited with caution for Federal Reserve statement while the BOJ is also due to release its statement just few hours after the Fed. The pair made a slight...
FxWirePro: GBP/USD maintains bullish bias with focus on 1.4650 levels
Apr 27, 2016 13:59 pm UTC| Technicals
The GBP/USD pair inched higher in the European session after British GDP data printed positive figures. But, the pair turned back after failing to break resistance level 1.4615, as the pound ran out of strength against US...

FxWirePro: Cable’s break-out of resistance at 1.4573 questionable for sustenance
Apr 27, 2016 13:22 pm UTC| Technicals
Breaks resistance at 1.4573 levels but could not sustain the rallies. So, can this be another opportunity for shorts in GBPUSD? Breaks resistance at 1.4573 levels but sustenance is questionable, but dont jump into...
FxWirePro: EUR/USD consolidating around 1.1310, bias is bullish
Apr 27, 2016 13:11 pm UTC| Technicals
EUR/USD pair rose towards 1.1334 in the European session, but reversed course giving up most of gains made earlier to trade around 1.1311 in the early US session. Ahead in the session investors will be keeping a close...