FxWirePro: USD/ZAR exhibits range bound movement, sustaind close above 13.72 targets 13.96
Jan 09, 2017 07:27 am UTC| Technicals
USD/ZAR is currently trading around 13.77 levels. It made intraday high at 13.79 and low at 13.64 levels. Intraday bias remains bullish for the moment. A daily close above 13.72 will take the parity...
FxWirePro: EUR/GBP breaks 100-DMA at 0.8626, good to go long on dips
Jan 09, 2017 07:08 am UTC| Technicals
Fundamental factors: Pound Sterling underperforms in the Asian session as hard-Brexit induced worries resurfaced. Focus now shifts towards release ahead of the Eurozone Sentix Investor Confidence and unemployment...
FxWirePro: AUD/CAD struggles at 20-DMA, break above needed for further gains
Jan 09, 2017 06:33 am UTC| Technicals
AUD/CAD has been recovering from 6-month lows of 0.9594 on 2nd Jan, but upside remains capped by 20-DMA currently at 0.9723. The pair has been recovering from 6-month lows of 0.9594 on 2nd Jan. Only decisive...
FxWirePro: USD/CNY trades in narrow range, PBOC sets yuan mid-point at 6.9262
Jan 09, 2017 06:33 am UTC| Technicals
USD/CNY is currently trading around 6.9237 marks. It made intraday high at 6.9343 and low at 6.9175 levels. Intraday bias remains bullish for the moment. . A sustained close above 6.9175 marks will test key...
FxWirePro:GBP/JPY struggles to close above 144,good to sell on rallies
Jan 09, 2017 06:28 am UTC| Technicals
Major resistance- 144.01 (89- 4H EMA) Major support 142.15 (Dec 29th 2016 low). GBP/JPY has once retreated after jumping till 143.97 yesterday.It is currently trading around 143.23. Short term trend is...
FxWirePro: Gold Intraday Trade idea
Jan 09, 2017 05:54 am UTC| Technicals
Major resistance - $1188 Major support - $1152 (200- H MA) The yellow metal has made a high of $1183 and declined sharply from that level. It is currently trading around $1174. US 10- year bond yield shown a...
FxWirePro: USD/INR stabilizes above 68.00 mark, bias remains neutral
Jan 09, 2017 05:46 am UTC| Technicals
USD/INR is currently trading around 68.20 marks. It made intraday high at 68.23 and low at 68.07 marks. Intraday bias remains bullish for the moment. Key resistances are seen at 68.23, 68.39, 68.49, 68.63,...
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