
FxWirePro: EURUSD upside capped by 100 DAY MA, good to sell on rallies
Aug 11, 2016 06:13 am UTC| Technicals
Major resistance 1.12280 (100 day MA). Major intraday support 1.11500 (90 day EMA). The pair has erased gains made yesterday after making a high of 1.11912. It is currently trading around 1.11632. Short...

Aug 11, 2016 05:59 am UTC| Technicals
After yesterdays supply glut EIAs inventory check, crude bears resumed and prices tumbled from 43.36 to the 41.26 levels. The current rallies have no momentum in buying interests, may drag to test the stiff resistance...

FxWirePro: AUD/JPY finds stiff resistance at 20-DMA (78.42), break above required for upside
Aug 11, 2016 05:36 am UTC| Technicals
AUD/JPY rejected at session high by 78.55, trades around 78 handle. Pair struggles to break above 20-DMA at 78.42. Momentum studies are neutral. Upside finds stiff resistance at 78.55 (falling trendline). Break...

FxWirePro: GBP/JPY recovers from low of 131.44, good to sell on rallies
Aug 11, 2016 05:20 am UTC| Technicals
Major resistance 133.30 (7 day EMA). The pair has erased gains sharply after making a high of 132.83 yesterday.It is currently trading around 131.95. GBP/JPY breaks major support 132 confirms continuation...

FxWirePro: Silver fails to break key resistance at $20.46, good to sell on rallies
Aug 11, 2016 05:19 am UTC| Technicals
XAG/USD is currently trading around $20.08 marks. It made intraday high at $20.29 and low at $20.00 levels. Intraday bias remains bearish till the time pair holds key resistance at $20.32 levels. A daily...

FxWirePro: USD/INR exhibits range bound movement, faces strong resistance at 67.05
Aug 11, 2016 04:35 am UTC| Technicals
USD/INR is currently trading around 66.88 marks. It made intraday high at 66.90 and low at 66.74 marks. Intraday bias remains bullish till the time pair holds immediate support at 66.67 marks. Key...

FxWirePro: NZD/USD edges lower from fresh 15-month high at 0.7339, momentum bullish
Aug 11, 2016 04:14 am UTC| Technicals
NZD/USD saw a 250-pips knee-jerk rally after RBNZ rate cut decision as the central bank fell short of market expectations for more aggressive easing. The pair hit fresh 15-month high at 0.7339 before reversing most of...