FxWirePro: Gold trades higher on easing Fed rate hike hopes, good to buy at dips
Jun 07, 2016 05:01 am UTC| Technicals
Gold is consolidating in a narrow range between $1248 and $1239 after a massive jump on Friday. The Bullion is currently trading at $1243 level. The precious metal has outperformed all other asset classes at the start...
FxWirePro: USD/INR opens lower at 66.78, RBI policy decision in focus
Jun 07, 2016 04:53 am UTC| Technicals
USD/INR is currently trading around 66.87. It made intraday high at 66.94 and low at 66.78 marks. Intraday bias remains neutral for the moment. A sustained close below 66.77 will tests key supports at 66.56,...
FxWirePro: AUD/USD trades tight range, holds above 100-DMA ahead of RBA
Jun 07, 2016 04:22 am UTC| Technicals
AUD/USD tight range in the mid-Asian session, traders wary heading into the RBA policy decision due shortly. The pair has broken above 200-DMA at 0.7254 post poor NFP data last Friday and trades with a majorly bullish...
FxWirePro: USD/JPY remains well supported above 107.00 mark, faces strong resistance at 107.82
Jun 07, 2016 03:03 am UTC| Technicals
USD/JPY is currently trading around 107.71 marks. It made intraday high at 107.82 and low at 107.22 levels. Intraday bias remains neutral till the time pair holds key resistance at 107.82 marks. A daily...
FxWirePro: USD/SGD hovers around key support at 1.3554, intraday bias remains neutral
Jun 07, 2016 02:42 am UTC| Technicals
USD/SGD is currently trading around 1.3575 marks. It made intraday high at 1.3587 and low at 1.3550 levels. Intraday bias remains bullish till the time pair holds key support at 1.3554 levels. A daily close...
FxWirePro: Nikkei225 recovers after making a low of 16250, good to buy at dips
Jun 07, 2016 02:34 am UTC| Technicals
Major support - 16,250 ( 50% retracement of 1770 and 14770) Nikkei Index has recovered till 16685 after making a low of 17256. It is currently around 16612. Short term trend is slightly weak as long as resistance...
FxWirePro: USD/KRW strongly holds 1162 support, downside limited
Jun 07, 2016 02:07 am UTC| Technicals
USD/KRW is currently trading around 1164 levels. It made intraday high at 1165 and low at 1163 marks. Intraday bias remains bullish till the time pair holds key support at 1162 marks. A sustained close...
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