FxWirePro: Gold downside capped by 200 –day MA, good to buy on dips
May 25, 2017 06:14 am UTC| Technicals
Gold prices has recovered almost $10 from the low of $1248 made yesterday after Fed minutes meeting and is currently trading around $1259. US Dollar index declined sharply after Fed minutes meeting. The minutes from...
FxWirePro: NZD/USD finds major resistance at 0.7055, break above to see further upside
May 25, 2017 05:48 am UTC| Technicals
Kiwi slipped marginally as an initial reaction post NZ budget announcement. The pair has pared losses from lows at 0.7033 to currently trade at 0.7047. Stiff resistance is seen at 0.7055 (converged trendline and...
FxWirePro: USD/INR fails to jump above 65.00 mark, bias turns bearish again
May 25, 2017 05:21 am UTC| Technicals
USD/INR is currently trading around 64.54 marks. It made intraday high at 64.65 and low at 64.48 marks. Intraday bias remains bearish till the time pair holds key resistance at 65.02 marks. Key resistances...
FxWirePro: USD/JPY extends range trade, momentum studies neutral
May 25, 2017 05:19 am UTC| Technicals
FOMCs neutral/hawkish stance dented the dollar and yields dropped, dragging USD lower. USD/JPY consolidating above 111.50 handle, momentum studies neutral. Cloud weighs on the upside, break above will find stiff...
May 25, 2017 04:25 am UTC| Technicals
USD/CNY is currently trading around 6.8730 marks. It made intraday high at 6.8882 and low at 6.8687 levels. Intraday bias remains Bearish for the moment. A sustained close above 6.8882 marks will test key...
May 25, 2017 03:50 am UTC| Technicals
USD/TWD is currently trading around 30.05 marks. It made intraday high at 30.19 and low at 29.99 marks. Intraday bias remains bearish till the time pair holds key resistance at 30.23 mark. A daily close...
FxWirePro: USD/SGD hovers around key support at 1.3838, sustained close below targets 1.3704 mark
May 25, 2017 02:38 am UTC| Technicals
USD/SGD is currently trading around 1.3840 marks. It made intraday high at 1.3856 and low at 1.3838 levels. Intraday bias remains bearish till the time pair holds key resistance at 1.3918 marks. A daily...
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