FxWirePro: AUD/NZD holds major trendline support at 1.080, weakness only on break below
Mar 28, 2017 07:38 am UTC| Technicals
AUD/NZD edges higher after holding major trendline support at 1.080. We see further weakness only on break below. Price action in the pair is raging above daily cloud and all major moving averages. RSI is...
FxWirePro: USD/CAD breaks trend line resistance, jump till 1.3530 likely
Mar 28, 2017 07:27 am UTC| Technicals
Major resistance -1.3385 (trend line joining 1.35349 and 1.34939). Major support 1.3320. Canadian dollar shows only mild recovery after failure of Trump care on account of weak crude oil. It is currently trading...
FxWirePro: South African rand hits fresh weekly low on political uncertainties
Mar 28, 2017 07:01 am UTC| Technicals
USD/ZAR is currently trading around 13.01 levels. It made intraday high at 13.10 and low at 12.69 levels. Intraday bias remains bullish till the time pair holds key support at 12.30 marks. A daily close...
FxWirePro: EUR/AUD breaks above 100-DMA, on track to test trendline resistance at 1.44
Mar 28, 2017 06:41 am UTC| Technicals
EUR/AUD has broken above 100-DMA and intraday bias is higher. Upbeat reading from German IFO for the month of March have lent some support to the single currency. Price action has broken above daily cloud which...
FxWirerPro: Gold faces strong resistance at 200- day MA, good to buy on dips
Mar 28, 2017 05:57 am UTC| Technicals
Major resistance - $1260 (200- day MA). Gold gained almost 1.5% yesterday as Trump trade fades. The yellow jumped till $1261 and closed at $1253.95.It is currently trading around $1253.85. DXY rebounds from the...
FxWirePro: Silver hits fresh 4-week high at $18.10 mark, stay bullish
Mar 28, 2017 05:50 am UTC| Technicals
XAG/USD is currently trading around $18.02 marks. It made intraday high at $18.08 and low at $18.00 levels. Intraday bias remains bullish till the time pair holds key support at $17.72 mark. A daily close...
Mar 28, 2017 05:24 am UTC| Technicals
The 3-black crow pattern has been traced out at 1.0180 levels that evidenceprice declines below 7 and 21 DMAs so far (refer daily charts). Amid this bearish journey, bears have managed to break below strong support at...
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