
FxWirePro: Gold trades in narrow range, good to sell on rallies
Oct 24, 2016 05:49 am UTC| Technicals
Major resistance- $1275 (23.6% retracement of $1375 and $1241). Major intraday Support - $1250. Gold jumped slightly 1% up in the previous week closed around $1265.41.It is currently trading around...

FxWirePro: NZD/CAD breaks major trendline resistance, good to go long on dips
Oct 24, 2016 05:30 am UTC| Technicals
NZD/CAD has broken major trendline resistance at 0.95 levels. The pair is trading with a major bullish bias, momentum studies are bullish. Stochs and RSI are biased higher, we see a bullish MACD line crossover on...

FxWirePro: USD/THB hovers around 35.00 mark, downside limited
Oct 24, 2016 05:03 am UTC| Technicals
USD/THB is currently trading around 35.03 marks. It made intraday high at 35.13 and low at 35.02 marks. Intraday bias remains bullish till the time pair holds key support at 34.83 marks. On the top side key...

FxWirePro: EUR/JPY breaks major trendline support at 113.15, bias lower, stay short
Oct 24, 2016 05:00 am UTC| Technicals
EUR/JPY has broken below major trendline support at 113.15. The pair is capped below 5-DMA at 113.40 and is trading a narrow range. Focus on Eurozone preliminary manufacturing PMI data due for release later in...

FxWirePro: AUD/USD consolidates break below 20-DMA, Q3 CPI data in focus for further impetus
Oct 24, 2016 04:09 am UTC| Technicals
AUD/USD has reversed brief dip below 0.76 handle and has edged higher. Aussie under pressure from ongoing weakness in the Yuan, after PBOC set yuan fix weaker, driving USD/CNY to fresh six-year highs. AUD/USD hit...

FxWirePro: USD/TWD faces key hurdle at 31.83 mark, consistent break above targets 32.12
Oct 24, 2016 03:58 am UTC| Technicals
USD/TWD is currently trading around 31.69 marks. It made intraday high at 31.77 and low at 31.61 marks. Intraday bias remains bearish till the time pair holds key resistance at 31.83 marks. A daily close...

ASX200 downside capped by 38.2% fibo, good to sell on rallies
Oct 24, 2016 02:45 am UTC| Technicals
Major support - 5370 (38.2% retracement of 5152 and 5505). The index has retreated sharply from the high 5445 made on Yesterday.It is currently trading around 5391. ASX200 faces strong support at 38.2%...