
FxWirePro: XAG/USD trades in narrow range, bias remains slightly bullish
Jul 28, 2017 08:38 am UTC| Technicals
XAG/USD is currently trading around $16.56 marks. It made intraday high at $16.58 and low at $16.50 levels. Intraday bias remains bullish till the time pair holds key support at $16.40 mark. A daily close...

FxWirePro: Bearish RSI divergence on NZD/USD dailies, break below 5-DMA could see minor weakness
Jul 28, 2017 07:53 am UTC| Technicals
NZD/USD has retraced from fresh 2-year high at 0.7558 hit on Thursday. Bias remains higher as long as the pair holds 5-DMA support. Break below could see minor weakness. Less hawkish FOMC decision along with strong NZ...

FxWirePro: USD/ZAR exhibits range bound movement, upside limited
Jul 28, 2017 07:50 am UTC| Technicals
USD/ZAR is currently trading around 12.98 levels. It made intraday high at 13.01 and low at 12.97 levels. Intraday bias remains neutral for the moment. A daily close above 12.98 will take the parity...

FxWirePro: NZD/CAD closes above 20-DMA, on track to test 200-DMA at 0.9450, stay long
Jul 28, 2017 07:04 am UTC| Technicals
NZD/CAD has closed above 20-DMA which has turned to be a strong support at 0.9347. We see the pair on track to test 200-DMA at 0.9450. Any violation there could see further upside. Kiwi was buoyed by strong data and...

FxWirePro: XAU/USD downside capped by 5- day MA, good to buy on dips
Jul 28, 2017 07:02 am UTC| Technicals
Gold declined slightly after hitting an intraday high of $1265 yesterday. Dollar has been under pressure after dovish Fed. Market expects Fed to hold on rate hike till Dec after watching series of economic data for few...

FxWirePro: Chinese yuan trades marginally lower, PBOC sets yuan mid-point at 6.7373
Jul 28, 2017 06:50 am UTC| Technicals
USD/CNY is currently trading around 6.7480 marks. It made intraday high at 6.7486 and low at 6.7409 levels. Intraday bias remains slightly bullish for the moment. A sustained close above 6.7409 marks will...

FxWirePro: EUR/JPY faces rejection at weekly 200-DMA, further upside only on break above
Jul 28, 2017 06:41 am UTC| Technicals
EUR/JPY is trading with a neutral bias on an intraday basis. The pair is extending grind along 20-DMA which is strong support currently at 129.50. Consolidation to continue into the week ahead, with weekly 200-SMA at...