FxWirePro: AUD/USD hits 2 1/2-months low, outlook bearish
May 19, 2016 15:27 pm UTC| Technicals
The AUD/USD pair declined to hit 2 ½ month low on Thursday, as commodity currencies weakened across the board after oil prices declined sharply following Feds meeting indicating that the US central bank will more...
FxWirePro: USD/JPY runs out of steam but maintains bullish outlook
May 19, 2016 14:50 pm UTC| Technicals
USD/JPY pair declined on Thursday following negative Philadelphia Fed Manufacturing Index in the early US session. The pair hit high at 110.37, after finding buying interest before declining sharply towards 109.70 levels...
FxWirePro:Gold dips below lower range, bearish bias increases
May 19, 2016 14:05 pm UTC| Technicals
Gold slipped sharply lower on Thursday ,extending its previous days decline after Federal Reserve in its latest policy meeting signaled it could raise US interest rate as soon as next month. The minutes, from Feds...

FxWirePro: CAD/JPY faces strong resistance at 85.50, good to sell on rallies
May 19, 2016 12:01 pm UTC| Technicals
Major resistance 85 (200 day 4H MA) Major intraday support 83.60 CAD/JPY has retreated after making a high of 85.02 yesterday. It is currently trading around 83.86. The pair has broken major short term...

May 19, 2016 11:42 am UTC| Technicals
Major resistance- 95.20 (Apr 14th 2016) Major support 94.10 (21 day MA) US Dollar index has surged overnight on the modestly hawkish FOMC minutes increased hopes of rate hike in June. Fed fund futures shows...

FxWirePro: GBP/USD trades above 1.4600 on fading Brexit, good to buy at dips
May 19, 2016 09:55 am UTC| Technicals
Major resistance- 1.4600 Major support 1.4550 (resistance turned into Support) Cable has surged drastically yesterday till 1.46345 after a poll showed more supporters favouring UK to stay in the EU. Cable...

FxWirePro: BTC/USD trades neutral, good to stay away till further confirmation
May 19, 2016 09:41 am UTC| Technicals
Major resistance -$470 (Apr 26th 2016) Major support - $435 BTC/USD is consolidating in narrow range between $470 and $435 for the past 15 trading session. It is currently trading around $449. Overall trend...