Oct 16, 2017 07:06 am UTC| Technicals Insights & Views
EURJPY major trend consolidates upto 61.8% Fibonacci retracement levels but seems to be restrained at that juncture, while the minor trend drifts below DMAs to stay back in the range bounded trend that persistssince 26th...
FxWirePro: Copper hits new 3-year highs at 3.229, bulls in control
Oct 16, 2017 06:58 am UTC| Technicals
Copper bulls stay in control, price spikes higher, up around 3% on the day. Price has hit highest since August, 2014, before paring some gains to currently trade at 3.212 levels, bias higher. Copper is trading in...
FxWirePro: Silver hits fresh 4-week high at $17.40 mark, stay bullish
Oct 16, 2017 06:56 am UTC| Technicals
XAG/USD is currently trading around $17.38 marks. It made intraday high at $17.40 and low at $17.31 levels. Intraday bias remains bullish till the time pair holds key support at $17.15 mark. A daily close...
FxWirePro: NZD/CHF eyes 200-DMA at 0.7027, bias higher, stay long
Oct 16, 2017 06:32 am UTC| Technicals
NZD/CHF hovers around 100-DMA at 0.7009, intraday bias higher. The pair is extending upside for 3rd consecutive session after bouncing off strong trendline support at 0.6880. Technical indicators have turned...
Oct 16, 2017 06:07 am UTC| Technicals
USD/INR is currently trading around 64.84 marks. It made intraday high at 64.84 and low at 64.76 marks. Intraday bias remains slightly bullish till the time pair holds key support at 64.75 marks. Key...
FxWirePro: Gold trades higher on festive season in India, good to buy on dips
Oct 16, 2017 05:30 am UTC| Technicals
Gold jumped sharply previous week almost $30 on account of weak US dollar and increase in demand in India due to festival season. The yellow metal is trading high as slightly dovish fed minutes meeting and rising geo...
FxWirePro: AUD/CHF breaks above 50-DMA to hit 2-week high at 0.7692, bias higher, stay long
Oct 16, 2017 05:29 am UTC| Technicals
AUD/CHF has shown a decisive break above 50-DMA to hit 2-week high at 0.7692 on Friday. The pair bounced off from near 200-DMA with a doji formation, bias remains higher. Technical indicators also support upside...
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