FxWirePro: Gold trades higher on safe haven demand, good to buy on dips
Aug 10, 2017 06:19 am UTC| Technicals
Gold gained more than 1.5% yesterday on renewed geopolitical tensions on the Korean peninsula hit risk sentiment. The yellow metal jumped almost $18 from the yesterday low. It is currently trading around $1277. China...
FxWirePro: AUD/CHF closes below 20-DMA, scope for downside on 'Bearish Bat' formation
Aug 10, 2017 06:15 am UTC| Technicals
AUD/CHF is seen consolidating massive slump on the previous day, trading a narrow range as we head into the EU session. The pair hit fresh 2-week lows at 0.7568 before paring some losses to close at 0.7594. Safe...
FxWirePro: AUD/JPY capped below 5-DMA, eyes 50-DMA at 86, stay short
Aug 10, 2017 05:47 am UTC| Technicals
AUD/JPY retraces dip below 38.2% Fib at 86.39, but upside capped below 5-DMA at 87.22. Technical studies are bearish. RSI below 50 and biased lower. MACD supports downside and stochs are biased lower. We see no...
FxWirePro: USD/INR jumps above 64.00 mark, short term trend reversal likely
Aug 10, 2017 05:42 am UTC| Technicals
USD/INR is currently trading around 64.01 marks. It made intraday high at 64.10 and low at 63.91 marks. Intraday bias remains bullish till the time pair holds key support at 63.75 marks. Key resistances are...
FxWirePro: USD/THB breaks key support at 33.22 mark, good to sell on rallies
Aug 10, 2017 04:56 am UTC| Technicals
USD/THB is currently trading around 33.25 marks. It made intraday high at 33.26 and low at 33.19 marks. Intraday bias remains bearish till the time pair holds key resistance at 33.35 mark. On the top side,...
FxWirePro: Singapore dollar falls in early Asia, intraday bias remains bullish
Aug 10, 2017 04:11 am UTC| Technicals
USD/SGD is currently trading around 1.3649 marks. It made intraday high at 1.3651 and low at 1.3618 levels. Intraday bias remains bullish till the time pair holds key support at 1.3637 mark. A daily close...
Aug 10, 2017 03:29 am UTC| Technicals
NZD/USD has breached 50-DMA support at 0.7313 after recovery in the pair was rejected at highs. The pair has failed to hold break above 20-DMA, slips lower to currently trade around 0.73 handle. RBNZ this morning...
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