FxWirePro:Sell USD/CHF below 1.0050
Jan 13, 2017 08:56 am UTC| Technicals
Major resistance 1.03350 (Channel resistance) Major intraday support 1.00550 (Dec 29th 2016 low) USD/CHF has once again recovered after declining till 1.00561 yesterday. It is currently trading around 1.00798....
FxWirePro: XAG/USD exhibits range bound movement, good to buy on dips
Jan 13, 2017 08:26 am UTC| Technicals
XAG/USD is currently trading around $16.75 marks. It made intraday high at $16.79 and low at $16.63 levels. Intraday bias remains bullish till the time pair holds key support at $16.40 levels. A daily close...
FxWirePro: AUD/CAD on track to test 50-DMA at 0.9885, good to go long on dips
Jan 13, 2017 08:23 am UTC| Technicals
AUD/CAD has broken above 200-DMA at 0.9820, intraday bias higher. Momentum still with the bulls. RSI in neutral territory, holds above 50 levels. MACD line has shown a bullish crossover over signal line, trend...
FxWirePro:Sell GBP/JPY on rallies
Jan 13, 2017 07:07 am UTC| Technicals
Major resistance 140.70 (89- H EMA) Major support 138.50 The pair breaks major pschycological support 140 and declined till 138.92 yesterday. GBP/JPY downside movement is intact as long as resistance 140.70...
FxWirePro: USD/ZAR recovers slightly from fresh 2-month low at 13.40, bias remains neutral
Jan 13, 2017 06:56 am UTC| Technicals
USD/ZAR is currently trading around 13.53 levels. It made intraday high at 13.55 and low at 13.49 levels. Intraday bias remains neutral for the moment. A daily close above 13.49 will take the parity...
FxWirePro: USD/CNY trades in narrow range after China’s trade balance data
Jan 13, 2017 06:40 am UTC| Technicals
USD/CNY is currently trading around 6.9025 marks. It made intraday high at 6.9092 and low at 6.8889 levels. Intraday bias remains neutral for the moment. . A sustained close above 6.9365 marks will test key...
FxWirePro:Gold forms shooting star in daily chart, good to sell on rallies
Jan 13, 2017 05:59 am UTC| Technicals
Pattern formed Shooting Star Major resistance - $1217 (89- day EMA). Major support - $1170 (30- day EMA). The yellow metal breaks psychological level at $1200 for the first time since Nov. Gold has jumped...
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