
FxWirePro: AUD/CAD struggles at 20-DMA, break above needed for further gains
Jan 09, 2017 06:33 am UTC| Technicals
AUD/CAD has been recovering from 6-month lows of 0.9594 on 2nd Jan, but upside remains capped by 20-DMA currently at 0.9723. The pair has been recovering from 6-month lows of 0.9594 on 2nd Jan. Only decisive...

FxWirePro: USD/CNY trades in narrow range, PBOC sets yuan mid-point at 6.9262
Jan 09, 2017 06:33 am UTC| Technicals
USD/CNY is currently trading around 6.9237 marks. It made intraday high at 6.9343 and low at 6.9175 levels. Intraday bias remains bullish for the moment. . A sustained close above 6.9175 marks will test key...

FxWirePro:GBP/JPY struggles to close above 144,good to sell on rallies
Jan 09, 2017 06:28 am UTC| Technicals
Major resistance- 144.01 (89- 4H EMA) Major support 142.15 (Dec 29th 2016 low). GBP/JPY has once retreated after jumping till 143.97 yesterday.It is currently trading around 143.23. Short term trend is...

FxWirePro: Gold Intraday Trade idea
Jan 09, 2017 05:54 am UTC| Technicals
Major resistance - $1188 Major support - $1152 (200- H MA) The yellow metal has made a high of $1183 and declined sharply from that level. It is currently trading around $1174. US 10- year bond yield shown a...

FxWirePro: USD/INR stabilizes above 68.00 mark, bias remains neutral
Jan 09, 2017 05:46 am UTC| Technicals
USD/INR is currently trading around 68.20 marks. It made intraday high at 68.23 and low at 68.07 marks. Intraday bias remains bullish for the moment. Key resistances are seen at 68.23, 68.39, 68.49, 68.63,...

FxWirePro: DXY chart pack, U.S. dollar index robust on major uptrend amid momentary slumps
Jan 09, 2017 05:27 am UTC| Technicals
On thedaily chart, whipsaws pattern after the upswings evidenceslumps below DMAs, more bearish rout on cards after bearish DMA crossover (7DMA crosses below 21DMA), at this juncture both leading lagging indicators signal...

FxWirePro: South Korean won falls by 1 pct against U.S dollar, faces strong resistance at 1,206
Jan 09, 2017 03:42 am UTC| Technicals
USD/KRW is currently trading around 1,204 levels. Pair made intraday high at 1,205and low at 1,201 marks. Intraday bias remains bullish till the time pair holds key support at 1,187 levels. A daily close...