
FxWirePro: USD/ZAR trades in narrow range, bias remains neutral
Feb 01, 2017 06:50 am UTC| Technicals
USD/ZAR is currently trading around 13.49 levels. It made intraday high at 13.51 and low at 13.45 levels. Intraday bias remains neutral for the moment. A daily close above 13.47 will take the parity...

FxWirePro: EUR/GBP stuck in tight range, focus on BoE policy meet
Feb 01, 2017 06:47 am UTC| Technicals
EUR/GBP trades an extremely tight 13 pip range as we head into the European session. The pair was rejected above 20-DMA on Tuesdays trade. Momentum studies are neutral, with a slightly bullish bias. 100-DMA...

FxWirePro: Buy Gold above $1220
Feb 01, 2017 05:55 am UTC| Technicals
Major support - $1176 (50- day MA) Major resistance - $1217 (100- day EMA) The yellow metal made strong gains on Tuesday due to weak dollar and uncertainties over President Donald Trump policies. It is currently...

FxWirePro: Silver hits fresh 2-month high at $17.59 ahead of FOMC
Feb 01, 2017 05:48 am UTC| Technicals
XAG/USD is currently trading around $17.42 marks. It made intraday high at $17.55 and low at $17.42 levels. Intraday bias remains neutral till the time pair holds key resistance at $17.53 mark. A daily close...

FxWirePro: AUD/JPY holds 50-DMA support, break below to see further weakness
Feb 01, 2017 05:47 am UTC| Technicals
AUD/JPY halts downside at 50-DMA at 85.16 on Tuesdays trade. The pair is extending its consolidative mode in the Asian session. Bias is slightly bearish, break below 50-DMA will see resumption on...

FxWirePro: USD/JPY retakes 113 handle, finds stiff resistance at 113.87 (5-DMA)
Feb 01, 2017 05:24 am UTC| Technicals
Fundamental Factors: Data released earlier today showed Japans January Nikkei manufacturing PMI decreased to 52.7 vs previous 52.8. Bank of Japan on Tuesday kept policy unchanged in line with forecasts and extended...

FxWirePro: USD/INR stabilizes above 67.50 mark, India’s manufacturing PMI data in focus
Feb 01, 2017 04:50 am UTC| Technicals
USD/INR is currently trading around 67.63 marks. It made intraday high at 67.66 and low at 67.48 marks. Intraday bias remains neutral till the time pair holds key support at 67.50 marks. Key resistances are...