FxWirePro: USD/ZAR hits fresh 2-week high at 14.08, bias remains bullish
Dec 15, 2016 08:23 am UTC| Technicals
USD/ZAR is currently trading around 14.06 levels. It made intraday high at 14.09 and low at 13.91 levels. Intraday bias remains slightly bullish till the time pair holds key support at 13.96 marks. A...
USD/CHF trades well above 1.02135, jump till 1.0328 is possible
Dec 15, 2016 07:31 am UTC| Technicals
Major resistance 1.03284 (Nov 27th 2016 high). Major support -1.00780 USD/CHF trades higher and breaks major resistance at 1.02135 after Fed hiked interest rates by 25bpbs. Fed hiked interest rate first...
FxWirePro: EUR/GBP on track to test 200-DMA, stay short
Dec 15, 2016 07:28 am UTC| Technicals
EUR/GBP trades with a bearish bias, momentum studies are biased lower. Pair on track to test 200-DMA at 0.8305, violation at 200-DMA could drag the pair to 0.8078 (50% Fib). Support levels - 0.8348 (38.2% Fib),...
FxWirePro: XAG/USD breaks key support at $17.65 mark, good to sell on rallies
Dec 15, 2016 07:27 am UTC| Technicals
XAG/USD is currently trading around $16.72 marks. It made intraday high at $16.92 and low at $16.58 levels. Intraday bias remains bearish till the time pair holds key resistance at $17.02 levels. A daily...
FxWirePro: USD/INR hits fresh weekly high after U.S. rate decision, faces strong resistance at 67.96
Dec 15, 2016 06:50 am UTC| Technicals
USD/INR is currently trading around 67.75 marks. It made intraday high at 67.90 and low at 67.64 marks. Intraday bias remains bullish till the time pair holds key support at 67.50 mark. Key resistances are...
FxWirePro: Gold trades lower on Fed rate hike guidance, good to sell on rallies
Dec 15, 2016 06:08 am UTC| Technicals
Gold breaks major support $1150 and declined till $1134 yesterday after Fed hikes interest rates by 25bpbs. U.S Fed hiked Federal funds rate from 50bpbs to 75bpbs. Fed said it may increase interest rates three times...
FxWirePro: USD/CNY opens at lowest level since June 2008, PBOC sets yuan mid-point at 6.9289
Dec 15, 2016 05:51 am UTC| Technicals
USD/CNY is currently trading around 6.9332 marks. It made intraday high at 6.9353 and low at 6.9024 levels. Intraday bias remains bullish till the time pair holds key support at 6.8983 mark. A sustained...
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