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FxWirePro: Gold upside capped by 61.8% fibo, good to sell on rallies

Nov 07, 2016 05:53 am UTC| Technicals

Pattern formed Triple top Major resistance- $1310 (61.8% retracement of $1352.57 and $1241.50). The yellow metal retreated sharply after FBI gives aclean chit to Hillary Clinton Emails.Gold declined sharply...

FxWirePro: Gold upside capped by 61.8% fibo, good to sell on rallies

Nov 07, 2016 05:49 am UTC| Technicals

Pattern formed Triple top Major resistance- $1310 (61.8% retracement of $1352.57 and $1241.50). The yellow metal retreated sharply after FBI gives aclean chit to Hillary Clinton Emails.Gold declined sharply...

FxWirePro: NZD/USD finds strong support at 0.7290, weakness only on break below

Nov 07, 2016 05:39 am UTC| Technicals

NZD/USD trades with a decent positive momentum, bias higher as long as support at 0.7290 holds. The pair is currently down 0.25% on the day on renewed risk-on after FBI clears Clinton emails. We see weakness only...

FxWirePro: Silver trades lower in early hours of Asia; stay bearish

Nov 07, 2016 05:24 am UTC| Technicals

XAG/USD is currently trading around $18.11 marks. It made intraday high at $18.26 and low at $18.07 levels. Intraday bias remains bearish till the time pair holds immediate resistance at $18.45 marks. A...

FxWirePro: USD/JPY extends gains above 104 handle after gap up open, intraday bias higher

Nov 07, 2016 04:23 am UTC| Technicals

Resurgence of risk-on after the FBI director cleared Clinton of the emails case once again boosted US dollar bids. USD/JPY is extending gains above 104 handle after bullish gap up open in early Asian...

FxWirePro: USD/TWD hits fresh 3-week low at 31.38, good to sell on rallies

Nov 07, 2016 03:32 am UTC| Technicals

USD/TWD is currently trading around 31.44 marks. It made intraday high at 31.48 and low at 31.38 marks. Intraday bias remains bearish till the time pair holds key resistance at 31.55 marks. A daily close...

fxWirePro:ASX200 trades higher, good to sell on rallies

Nov 07, 2016 03:32 am UTC| Technicals

Major support - 5150 (Sep 13th 2016 low) Minor intraday resistance - 5275 (200- day MA). The index jumped sharply till 5250 from the low of 5140 on account of clean chit by FBI on Hillary Clinton. It is currently...

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