FxWirePro: AUD/USD consolidating around 0.7273 levels, outlook bullish
Feb 22, 2016 19:17 pm UTC| Technicals
AUD/USD inched higher to trade around one month high on Thursday as strong rebound in oil prices and Brexit fears supported Aussie bulls. Much of the move was due rise in metal prices and also due heavy selling in the...
FxWirePro: USD/CAD strengthens as oil prices rally, scope for further downside
Feb 22, 2016 18:09 pm UTC| Technicals
The USD/CAD pair slipped lower on Monday as crude oil prices rose and risk appetite firmed. The pair hit low at 1.3658 before recovering to trade around 1.3683 levels in the late US session. As long the pair trades below...
Feb 22, 2016 17:20 pm UTC| Technicals
Gold has retreated after finding resistance at 1218 level to trade around 1211 levels, erasing some earlier gains made in the previous European session. Further upside is set to be limited as the commodity finds strong...

FxWirePro: EUR/USD resumes downside after breaking support level at 1.1040
Feb 22, 2016 14:53 pm UTC| Technicals
The EUR/USD pair is trading as low as 1.1138 in the early the US session as the pair attracted sellers on fears of possible Brexit from Eurozone. The ongoing weakness is set to continue for this pair as the...

Feb 22, 2016 13:27 pm UTC| Technicals
The pair has just broken an important supports at 1.1063 levels with big real body candle to slip below moving average curves. Next strong support can be seen at 1.0969 levels While leading oscillators converge downward to...

Feb 22, 2016 12:13 pm UTC| Technicals
EURGBP has held stronger supports at 0.7708 levels last week and now heading towards resistance at 0.7842 at which (breakout point) the price behavior was similar in many times in the past. But after taking last weeks...

EUR/USD faces strong support at 1.1050, break below targets 1.0920
Feb 22, 2016 11:29 am UTC| Technicals
Major support -1.1050 (200 day MA and also 1.13% retracement of 1.10865 and 1.13350) Major resistance - 1.11500 The pair has retreated after making a high of 1.11372 yesterday. It is currently trading around...