FxWirePro: EUR/USD hits 21- month low on Italy No vote referendum, good to sell on rallies
Dec 05, 2016 07:09 am UTC| Technicals
EUR/USD has seen a huge selling pressure in todays Asian session. The pair breaks major support of 1.05180 and declined till 1.05048 after the Italian vote No in Sundays constitutional amendment referendum. The pair...
FxWirePro: NZD/USD hovers around 20-DMA at 0.7105, bias higher
Dec 05, 2016 06:46 am UTC| Technicals
NZD/USD edges higher from session lows at 0.7069, hovers around 20-DMA. Upside in the pair intact till pair closes above 5-DMA. We see scope for test of 100-DMA at 0.7192. Break above could see further...
FxWirePro:Gold upside capped by 10- day MA, good to sell on rallies
Dec 05, 2016 06:22 am UTC| Technicals
Gold jumped sharply till $1188 yesterday after the U.S jobs data. The yellow metal shown a slight decline till $1166 after better than expected U.S NFP jobs data. But not able to hold at lower levels the yellow metal...
Dec 05, 2016 06:16 am UTC| Technicals
AUDNZD fell from 1.0475 to 1.0420, but the momentary bulls attempting for upside traction in short run but seems unlikely to break resistances of 1.0493 21DMA, only break above likely to make equidistance upmove (2.39%),...
FxWirePro: China’s yuan marginally lower despite higher than expected Caixin services PMI data
Dec 05, 2016 06:16 am UTC| Technicals
USD/CNY is currently trading around 6.8881 marks. It made intraday high at 6.8898 and low at 6.8781 levels. Intraday bias remains bullish till the time pair holds key support at 6.88 mark. A daily close...
FxWirePro: AUD/USD faces major resistance at 0.7476, good to short rallies
Dec 05, 2016 05:46 am UTC| Technicals
AUD/USD has been struggling to extend gains above 0.75 handle in the previous week. The pair now finds stiff resistance by 20-DMA at 0.7476, any upside can be seen only on break above. We see scope for test of...
FxWirePro: EUR/GBP hits 4 1/2 month lows, finds strong support at 200-DMA
Dec 05, 2016 05:18 am UTC| Technicals
Euro depressed across the board after the Italy rejected constitutional reform in a referendum vote. The pair finds strong support by 200-DMA at 0.8277, weakness likely on break below. Bond markets in Germany...
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