FxWirePro: Silver refrains from falling below $15.88, intraday bias remains bullish
Jun 03, 2016 06:43 am UTC| Technicals
XAG/USD is currently trading around $16.02 marks. It made intraday high at $16.03 and low at $15.93 levels. Intraday bias remains bullish till the time pair holds key support at $15.88 marks. A daily close...
Jun 03, 2016 06:33 am UTC| Technicals
Well, as per our prediction inn our recent write up, sideway swings on daily term have headed towards bearish business. After pair evidencing whipsaws on resistance at 1.8866 levels and the price slid below 7DMA...
CHF/JPY breaks major support 110.20, targets 108.80/108
Jun 03, 2016 06:29 am UTC| Technicals
Pattern Formed- M-Shaped Pattern Major support- 110.20 (24 th May low) The pair has broken major support 110.20 and declined till 109.60 at the time of writing. Any break below 110.20 will drag the pair down...
FxWirePro: EUR/JPY sees tepid recovery from 3-year low at 121.05, bias lower, good to sell rallies
Jun 03, 2016 06:26 am UTC| Technicals
Euro slumped on Thursday as ECB left policy unchanged and revised its economic and inflation forecast for 2016. BoJ member, Takehiro Sato, criticized BoJs negative interest-rate policy and said that the central bank...
FxWirePro: Indian rupee strengthens against US dollar, downside limited
Jun 03, 2016 06:10 am UTC| Technicals
USD/INR is currently trading around 67.23. It made intraday high at 67.29 and low at 67.1575 marks.. Intraday bias remains neutral for the moment. A sustained close below 66.90 will tests key supports at...
FxWirePro: NZD/JPY sees bounce off channel base, targets hit, exit trade
Jun 03, 2016 05:37 am UTC| Technicals
NZD/JPY is showing a reversal from channel base. The pair has hit lows of 73.81 before edging higher to currently trade at 74.26 levels. Our previous call...
Gold trades in narrow range, market awaits US NFP for further direction
Jun 03, 2016 05:28 am UTC| Technicals
Major resistance- $1223 (10 day EMA) The yellow metal has slightly declined after making a high of $1217.86. It is currently trading at $1212. Market awaits US Non Farm Payroll for further direction .Non...
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