
FxWirePro: EUR/GBP is holding 20-DMA support, break below could test 0.83 levels
Jan 04, 2017 07:39 am UTC| Technicals
EUR/GBP bounces of 20-DMA at 0.8454 on Tuesdays trade. The pair is extending downside after rejection at major trendline at 0.8664. Break below 20-DMA could accentuate bearish bias. Technical studies support...

FxWirePro: XAG/USD hits fresh 3-week high at $16.47, FOMC meeting minutes in focus
Jan 04, 2017 07:03 am UTC| Technicals
XAG/USD is currently trading around $16.38 marks. It made intraday high at $16.41 and low at $15.23 levels. Intraday bias remains bullish till the time pair holds key support at $15.86 levels. A daily close...

FxWirePro: Converged 50&100 DMAs cap upside in AUD/NZD, good to go long on break above
Jan 04, 2017 06:53 am UTC| Technicals
AUD/NZD rejected at 1.0487, finds major resistance at 1.0485 which is converged 50100 DMAs. The pair is trading with a bullish bias, RSI has edged above 50 with scope to run further. Stochs are biased higher and...

FxWirePro: USD/INR hits fresh 5-week high at 68.39, good to buy on dips
Jan 04, 2017 06:12 am UTC| Technicals
USD/INR is currently trading around 68.20 marks. It made intraday high at 68.26 and low at 68.19 marks. Intraday bias remains neutral for the moment. Key resistances are seen at 68.23, 68.39, 68.49, 68.63,...

Jan 04, 2017 06:10 am UTC| Technicals
AUDUSD bulls break-out minor resistance of 7DMA after testing supports of 0.7161 levels, showing strength at this supports of 0.7161, more rallies likely up to 21DMA as leading indicators confirm the momentum. Despite...

FxWirePro: AUD/USD extends upside, holds above 5-DMA
Jan 04, 2017 06:06 am UTC| Technicals
Technical Analysis: AUD/USD continues gradual grind higher, holds above 5-DMA. Major trendline support seen at 0.7160, weakness only on break below. RSI and Stochs have shown a rollover from oversold...

FxWirePro: Gold Intraday trade idea
Jan 04, 2017 05:59 am UTC| Technicals
Major resistance - $1171 (161.8% retracement of $1163 and $1149) Major support - $1140 (10- day MA) The yellow metal has taken support near channel bottom and recovered sharply from that level. It is currently...