FxWirePro: GBP/CAD Bounces Amid Bears Show at 1-Year Lows, Both Leading and Lagging Indicators Signal Robust Bear Trend Despite the handsome recoveries in GBP/CAD from last two days, nothing much has changed to the major trend which is vigorously bearish, the current prices have still remained we...
Analytics & Forecasts
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22 April 2016, 10:35
FxWirePro: Go Long on Usd/zar at 14.30 With Stop Loss at 14.16 and Target of 14.64 Pair is currently trading at 14.35 marks. It made intraday high at 14.36 and low at 14.25 levels. Intraday bias remains bullish till the time pair holds key support level at 14.16 levels. A sustained break below 14...
Analytics & Forecasts
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22 April 2016, 10:32
BTC/USD Hits Two Month High, Jump Till $480/$504 Is Possible BTC/USD breaks major resistance $448 and hits two month high yesterday. The pair has slightly retreated after making a high of $452...
Analytics & Forecasts
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22 April 2016, 10:30
FxWirePro: Swedish Krona Erases Previous Gain Against Euro, Upside Limited EUR/SEK is currently trading around 9.1926 levels. It made intraday high at 9.1944 and low at 9.1787 levels. Intraday bias remains neutral for the moment. A daily close above 9.2050 will test key resistances at 9.2630/9...
Analytics & Forecasts
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22 April 2016, 10:28
FxWirePro: EUR/JPY Gains on Broad Yen Weakness, Finds Major Resistance at 124.96 Yen weak across the board on the news that BOJ will discuss negative-rates with banks. EUR/JPY spiked almost 50-pips to hit session highs at 124.95, 124.96 is 50% Fib of 128.22 to 121...
Analytics & Forecasts
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22 April 2016, 10:04
German DAX Opens Lower, Trades Below 10,400 Extending its Thursday's fall from above 10,500 mark on dovish ECB, German DAX 30 index opened lower on Friday and is currently trading below 10,400 level...
Market News
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22 April 2016, 10:01
EUR/USD Hits Fresh Weekly Lows Near 1.1265 on German PMIs The bulls remained largely unimpressed by the mixed German PMI reports, keeping EUR/USD depressed near session lows below 1.13 handle. EUR/USD eyes 1.1230 next support Currently, EUR/USD trades -0.17% lower at fresh weekly lows of 1...
Analytics & Forecasts
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22 April 2016, 09:58
USD/CAD Clinches Highs Near 1.2740 The US dollar is posting moderate gains vs. its major rivals during the European morning, now sending USD/CAD to daily highs near 1.2740...
Analytics & Forecasts
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22 April 2016, 09:56
GBP/USD Drops Sharply to 1.4330 as EU Stocks Open Lower The recovery in the GBP/USD lost legs near 1.4370 region, sending the prices sharply lower, as the bulls were hit hard by the negative start on the European indices. GBP/USD gives up almost 40-pips The GBP/USD pair trades 0.11% higher at 1...
Analytics & Forecasts
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22 April 2016, 09:53
Technical Analysis of USD/CAD for April 22, 2016 General overview for 22/04/2016: The market is still trading below the neutral zone, but the corrective cycle to the upside might start any time now...
Analytics & Forecasts
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22 April 2016, 09:50 #technical analysis