
Jul 10, 2017 05:57 am UTC| Technicals
After retracing above 23.6% Fibonacci levels (on monthly) and bullish DMA crossover (on daily), the pair has managed to breach above 145.546 levels. For now, more rallies on cards as both short and long term trend...

FxWirePro: Indian rupee strengthens against U.S. dollar, good to sell on rallies
Jul 10, 2017 05:52 am UTC| Technicals
USD/INR is currently trading around 64.55 marks. It made intraday high at 64.63 and low at 64.54 marks. Intraday bias remains bearish till the time pair holds key resistance at 64.85 marks. Key resistances...

FxWirePro: Gold Weekly Outlook
Jul 10, 2017 05:43 am UTC| Technicals
Gold declined almost $20 from the high of $1228 made yesterday on account of better than expected U.S Nonfarm payroll data. The yellow metal dipped till $1207 and is currently trading around $1211.37. The U.S economy...

FxWirePro: EUR/GBP rangebound, break above 0.8870 could see further upside
Jul 10, 2017 05:41 am UTC| Technicals
EUR/GBP trades an extremely narrow range below major resistance at 0.8870. The pair has bounced off 20-DMA support at 0.8794 on Fridays trade and we see weakness only on break below. Breach of stiff resistance at...

FxWirePro: USD/TWD rejects key resistance at 30.67 mark, intraday bias remains bearish
Jul 10, 2017 04:00 am UTC| Technicals
USD/TWD is currently trading around 30.51 marks. It made intraday high at 30.61 and low at 30.46 marks. Intraday bias remains bearish till the time pair holds key resistance at 30.67 marks. A daily close...

FxWirePro: USD/SGD trades in narrow range, bias remains neutral
Jul 10, 2017 03:18 am UTC| Technicals
USD/SGD is currently trading around 1.3821 marks. It made intraday high at 1.3826 and low at 1.3813 levels. Intraday bias remains neutral for the moment. A daily close above 1.3840 will test key resistances...

FxWirePro: EUR/JPY hits fresh 5-month highs at 130.27, eyes weekly 200-SMA at 130.65, stay long
Jul 10, 2017 02:54 am UTC| Technicals
EUR/JPY has broken out of consolidation at 61.8% Fib at 128.88 and is currently extending gains to trade at fresh 5-month highs at 130.27. The pair has shown a clear channel breakout, bias remains...