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FxWirePro: EUR/USD faces strong resistance at 1.1360, good to sell on ralli

Sep 09, 2016 04:52 am UTC| Technicals

Major resistance- 1.12630 (50% retracement of 1.16163 and 1.09115). Major support 1.1209 (100- day MA). Major resistance - 1.13660 (Aug 18th high). Major support - 1.1229 (21- day MA). EUR/USD has...

FxWirePro: USD/INR hovers around key support at 66.50, consistent break below targets 66.21

Sep 09, 2016 04:42 am UTC| Technicals

USD/INR is currently trading around 66.53 marks. It made intraday high at 66.64 and low at 66.49 marks. Intraday bias remains bearish till the time pair holds immediate resistance at 66.82 marks. Key...

Gold faces strong support at 21-day MA,break below targets $1322

Sep 09, 2016 04:09 am UTC| Technicals

Major support - $1358 The yellow metal has declined till $1335 and slightly recovered till $1339.35 at the time of writing . It is currently trading around $1346.30. Gold should break below $1332 (21- day MA) for...

FxWirePro: Weak data from China and Australia capping recovery in AUD/USD, eyes 20-DMA at 0.7614

Sep 09, 2016 03:53 am UTC| Technicals

AUD/USD closed sharply lower after rejection at major trendline resistance at 0.7732 in Thursdays trade. Minor recovery attempts today capped after poor Chinese and Australian data. China CPI eased 1.3% y/y in...

FxWirePro: AUS200 trades weak, good to sell on rallies

Sep 09, 2016 03:23 am UTC| Technicals

Major resistance -5441 (55-day EMA). Major support - 5333 (Cloud bottom). The index has broken major support at 5333 and declined slightly till 5325 at the time writing.It is currently trading around...

FxWirePro: Nikkei225 struggles to close above 17000, good to buy on dips

Sep 09, 2016 03:01 am UTC| Technicals

Major support -16820 (200- day MA). Nikkei225 has once again recovered from 200- day MA till 17023 at the time of writing.It is currently trading around 16958. The index has formed temporary top around 17159 and...

FxWirePro: USD/TWD stabilises above 31.30 mark, upside limited

Sep 09, 2016 02:35 am UTC| Technicals

USD/TWD is currently trading around 31.38 marks. It made intraday high at 31.41 and low at 31.24 marks. Intraday bias remains neutral till the time pair holds key resistance at 31.50 marks. A daily close...

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Technology

Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge

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