
FxWirePro: XAG/USD remains well supported above $17.60 mark, good to buy on dips
Jun 06, 2017 08:10 am UTC| Technicals
XAG/USD is currently trading around $17.63 marks. It made intraday high at $17.66 and low at $17.49 levels. Intraday bias remains bullish till the time pair holds key support at $17.48 mark. A daily close...

FxWirePro: USD/CHF upside capped by 5- day MA, good to sell on rallies
Jun 06, 2017 07:45 am UTC| Technicals
USD/CHF shown a minor recovery after forming a bottom around 0.96220. The pair shown a minor jump till 0.96650 and any minor bullishness can be seen only above 0.9685 (5- day MA). Any break above 0.9808 high made on...

Jun 06, 2017 07:34 am UTC| Technicals
NZD/JPY extends range trade between 100 and 200 day moving averages. The pair finds stiff resistance on the upside and is currently struggling to extend gains above 79 handle. 200-DMA at 78.25 is strong support...

FxWirePro: NZD/USD hits 4-month highs at 0.7174, bias higher, stay long
Jun 06, 2017 07:10 am UTC| Technicals
NZD/USD extends break above 200-DMA and upside remains intact as long as pair holds above. The pair hit 4-month highs at 0.7174, bulls target 0.72 levels. Below 200-DMA, the major finds strong support at 100-DMA...

FxWirePro: South African rand marginally lower ahead of GDP data
Jun 06, 2017 06:57 am UTC| Technicals
USD/ZAR is currently trading around 12.73 levels. It made intraday high at 12.74 and low at 12.67 levels. Intraday bias remains slightly bullish for the moment. A daily close above 12.70 will take the...

Jun 06, 2017 06:51 am UTC| Technicals
AUD/USD stalled disappointing current account data-led slide near 0.7460-55 region and edged higher. RBA as expected, maintained status quo and left its key benchmark interest rate at record low level of...

FxWirePro: Gold Short term outlook
Jun 06, 2017 06:23 am UTC| Technicals
Gold is trading at major resistance level and it has been in the downtrend since 2011 level. The yellow metal has made several attempts to break the downward trend line. But this time it is expected to break the trend line...