FxWirePro: Gold trades lower after ECB dovish taper, good to sell on rallies
Oct 27, 2017 06:07 am UTC| Technicals
Gold declined sharply after ECB monetary policy meeting. The yellow metal declined till $1265 3- week low and is currently trading around $1267.43. ECB has kept its interest rates unchanged at 0.0% as widely expected...
FxWirePro: NZD/USD takes support at 0.6818, break below to see further weakness
Oct 27, 2017 05:46 am UTC| Technicals
NZD/USD edges higher from session lows at 0.6818, is currently trading at 0.6837 levels. The pair has held minor support at 0.6817 (May 11 lows), break below will see further downside. Technical studies are...
FxWirePro: USD/TWD exhibits range bound movement, stay bullish only above 30.30 mark
Oct 27, 2017 05:03 am UTC| Technicals
USD/TWD is currently trading around 30.27 marks. It made intraday high at 30.31 and low at 30.23 marks. Intraday bias remains neutral till the time pair holds key resistance at 30.30 mark. A daily close...
FxWirePro: AUD/JPY breaks below 100-DMA at 87.21, bias lower, stay short
Oct 27, 2017 04:40 am UTC| Technicals
AUD/JPY has breached 100-DMA support at 87.21, hit 7-week lows at 87.048. Aussie CPI yesterday cemented the RBA on hold, while weak PPI data released earlier today weighs further. Australia PPI dropped to 0.2...
FxWirePro: USD/THB breaks key resistance at 33.22 mark, stay bullish
Oct 27, 2017 04:13 am UTC| Technicals
USD/THB is currently trading around 33.29 marks. It made intraday high at 33.34 and low at 33.22 marks. Intraday bias remains bullish till the time pair holds key support at 33.22 mark. A daily close below...
FxWirePro: AUD/USD slips lower for 6th consecutive session, weak Australia PPI data weighs
Oct 27, 2017 04:06 am UTC| Technicals
AUD/USD is extending downside for the 6th consecutive session, down 0.28% on the day. Inflation, as measured by the Producer Price Index (PPI) dropped to 0.2 percent q/q in Q3 vs previous 0.5 percent. In...
Oct 27, 2017 03:38 am UTC| Technicals
In our recent post on NZDJPY, we had explicitly stated that the hanging man and engulfing patterns repeat the history at stiff resistance and according advised DNT for intermediate speculation. This month, NZDJPY bears...
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