
FxWirePro: Gold Intraday trade idea
Jan 05, 2017 06:33 am UTC| Technicals
Major resistance - $1180 Major support - $1146 (200- H MA) The yellow metal has broken major 161.8% fibo level and jumped till $1177.49 at the time of writing. It is currently trading around $1177.21. US 10-...

FxWirePro: USD/CNY hits fresh 4-week low at 6.8874, PBOC sets yuan mid-point at 6.9307
Jan 05, 2017 06:01 am UTC| Technicals
USD/CNY is currently trading around 6.9075 marks. It made intraday high at 6.9321 and low at 6.8874 levels. Intraday bias remains bearish for the moment. . A daily close below 6.8983 will drag the parity...

FxWirePro: USD/INR falls below 68.00 mark, bias remains neutral
Jan 05, 2017 05:02 am UTC| Technicals
USD/INR is currently trading around 67.86 marks. It made intraday high at 67.98 and low at 67.79 marks. Intraday bias remains neutral for the moment. Key resistances are seen at 68.01, 68.21, 68.39, 68.49,...

FxWirePro: USD/JPY slips below 20-DMA, intraday bias lower
Jan 05, 2017 04:29 am UTC| Technicals
USD/JPY has breached strong support by 20-DMA at 116.99. Technical studies have turned bearish. RSI and Stochs have rolled over from overbought zone. MACD has shown a bearish crossover on signal line and momentum...

ASX trades well above 5700, jump till 5940 likely
Jan 05, 2017 03:55 am UTC| Technicals
Major support 5667 (200- H MA). ASX200 broken the previous high of 5755 and jumped till 5764 yesterday. It is currently trading around 5758. Short term trend is bullish as long as support 5665 (200- HMA)...

Nikkei225 struggles to close above 16950, good to buy on dips
Jan 05, 2017 03:42 am UTC| Technicals
Nikkei225 broken the previous high of 19653 and jumped slightly from that level. The slight recovery in yen has dragged the price down from the high of 19673. It is currently trading around 19498 0.64% lower. USD/JPY...

FxWirePro: USD/SGD hits fresh 3-week low at 1.4355, good to sell on rallies
Jan 05, 2017 03:25 am UTC| Technicals
USD/SGD is currently trading around 1.4388 marks. It made intraday high at 1.4407 and low at 1.4355 levels. Intraday bias remains bearish till the time pair holds key resistance at 1.4505 marks. A daily...