Jan 23, 2017 05:59 am UTC| Technicals
You could observe USDJPY bears extend Fridays price drops after shooting star placed at 114.863 levels (Refer daily charts). To begin 2017 USDJPY dropped vigorously from the highs of 118.608 levels to the current...
FxWirePro: Gold 100 day EMA and Bearish Divergence
Jan 23, 2017 05:58 am UTC| Technicals
Pattern formed- Bearish Divergence (RSI and MACD) Major support - $1199 (10- day MA). Major resistance - $1220 (100- day EMA). The yellow metal has jumped till $1219.60 on Friday on account of weak U.S...
FxWirePro: USD/INR trades in narrow range, intraday bias remains neutral
Jan 23, 2017 05:32 am UTC| Technicals
USD/INR is currently trading around 68.12 marks. It made intraday high at 68.14 and low at 68.02 marks. Intraday bias remains neutral till the time pair holds key support at 67.99 marks. Key resistances are...
FxWirePro: AUD/JPY extends decline after gap-down open, intraday bias bearish
Jan 23, 2017 05:26 am UTC| Technicals
AUD/JPY fails to extend gains beyond 87 handle, finds major trendline resistance at 87. Upside was rejected at major trendline resistance at 87 on Fridays trade. The pair extends downside on the day after bearish...
FxWirePro: USD/JPY breaks below 5-DMA, good to go short on rallies
Jan 23, 2017 04:42 am UTC| Technicals
USD/JPY dumped in Asian session, slips below 5-DMA, intraday bias bearish. Trumps failure to deliver something concrete in respect to economic reforms in his inauguration speech weighs on USD. The pair has...
Jan 23, 2017 03:57 am UTC| Technicals
USD/KRW is currently trading around 1,166 levels. Pair made intraday high at 1,168 and low at 1,164 marks. Intraday bias remains neutral till the time pair holds key support at 1,162 levels. A daily close...
FxWirePro:ASX200 trades weak, good to sell on rallies
Jan 23, 2017 03:44 am UTC| Technicals
Major support 5665 (trend line joining 5270 and 5380) ASX200 breaks trend line support at 5665 and declined till 5606 at the time of writing. It is currently trading around 5606. The index is trading well below...
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