Jan 13, 2017 05:52 am UTC| Technicals
A shooting star and gravestone doji patterns were traced in AUDUSD at 0.7497 levels respectively and bears slid below 7SMA ever since then after rejecting trendline resistance of 0.7504 levels, but showing strength at the...
FxWirePro: Copper holds 5-DMA support, bias higher
Jan 13, 2017 05:43 am UTC| Technicals
Copper is extending gains after breach of major trendline resistance at 2.570. Technical indicators have turned bullish, raising scope for upside. MACD has shown a bullish crossover on signal line, momentum is...
FxWirePro: AUD/USD finds stiff resistance at 0.75, further upside only on break above
Jan 13, 2017 05:21 am UTC| Technicals
Technical Analysis: AUD/USD retraces from 0.75 handle, is struggling to extend gains beyond. 0.75 is major resistance level - psychological and converged 100 and 200 day MAs. Only decisive break above could see...
FxWirePro: USD/INR remains well supported above 67.99 mark, good to buy on dips
Jan 13, 2017 05:17 am UTC| Technicals
USD/INR is currently trading around 68.26 marks. It made intraday high at 68.29 and low at 68.10 marks. Intraday bias remains bullish till the time pair holds key support at 67.99 marks. Key resistances are...
FxWirePro: South Korean won gains against major peers after BoK’s rate decision
Jan 13, 2017 03:46 am UTC| Technicals
USD/KRW is currently trading around 1,178 levels. Pair made intraday high at 1,180 and low at 1,176 marks. Intraday bias remains neutral till the time pair holds key resistance at 1186 levels. A daily close...
ASX200 trades below trend line support, targets 5636
Jan 13, 2017 03:40 am UTC| Technicals
Major support 5712 (89- 4H EMA). ASX200 has broken major trend line support at 5740 and declined till 5711. It is currently trading around 5714. The index faces strong support at 89-4H EMA and any break below will...
Jan 13, 2017 03:13 am UTC| Technicals
Nikkei225 forms temporary bottom at 18953 and started to jump from that level.The slight decline in yen has made index to jump till 19288. It is currently trading around 19283 0.55% higher. USD/JPY has recovered sharply...
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