FxWirePro: Prefer to go long on XAG/USD around $18.12, stop loss at $17.91 and target of $18.45
Feb 24, 2017 06:00 am UTC| Technicals
XAG/USD is currently trading around $18.16 marks. It made intraday high at $18.19 and low at $17.97 levels. Intraday bias remains bullish till the time pair holds key support at $17.91 mark. A daily close...
Feb 24, 2017 05:31 am UTC| Technicals
The current price behavior of this pair has been sliding through falling wedge formation (refer 4H chart). Long-legged Doji and shooting star to evidence more slumps, current price have gone below 7EMAs on theweekly...
FxWirePro: USD/KRW hovers around key support at 1,127 mark, sustained close below targets 1,107
Feb 24, 2017 05:13 am UTC| Technicals
USD/KRW is currently trading around 1,128 levels. Pair made intraday high at 1,134 and low at 1,127 marks. Intraday bias remains bearish till the time pair holds key resistance at 1,140 marks. A daily close...
FxWirePro: EUR/GBP rangebound in the Asian session, bias lower
Feb 24, 2017 05:11 am UTC| Technicals
EUR/GBP failed to extend gains above 0.85 handle on Thursday, is trading a narrow 12 pip range in the Asian session. The pair is currently holding support at 0.8421 which is 78.6 % Fib retrace of 0.8304 to 0.8852...
FxWirePro:Nikkei faces strong support at 200- 4H MA, good to sell on rallies
Feb 24, 2017 04:41 am UTC| Technicals
Major resistance - 19500 ( trend line joining 19698 and 19535) Pattern formed - Symmetrical Triangle pattern Nikkei has taken support near 200 -4H MA and jumped slightly from that level.It is currently trading at...
Feb 24, 2017 04:12 am UTC| Technicals
AUD/USD is struggling to break above major trendline resistance at 0.7725. Doji formation seen on daily charts in the Asian session. Bearish RSI divergence raises scope for downside in the pair. 5-DMA is minor...
FxWirePro: USD/CNY hovers around 6.87 mark, PBOC sets yuan mid-point at 6.8655
Feb 24, 2017 03:57 am UTC| Technicals
USD/CNY is currently trading around 6.8705 marks. It made intraday high at 6.8730 and low at 6.8608 levels. Intraday bias remains bullish till the time pair holds key support at 6.8600 mark. A sustained...
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