FxWirePro: AUD/JPY higher on upbeat China CPI data, finds major resistance at 85.60
Dec 09, 2016 06:47 am UTC| Technicals
AUD/JPY spikes on upbeat China CPI data, up 0.46 percent on the day. The pair has broken major trendline resistance at 85.20 and edged higher to currently trade at 85.47. Major resistance is seen at 85.60 (weekly...
Dec 09, 2016 06:34 am UTC| Technicals
XAG/USD is currently trading around $16.97 marks. It made intraday high at $17.00 and low at $16.87 levels. Intraday bias remains neutral for the moment. A daily close above $16.97 will test key resistances...
FxWirePro: USD/KRW breaks key resistance at 1,162 mark, consistent break above targets 1,178
Dec 09, 2016 06:17 am UTC| Technicals
USD/KRW is currently trading around 1,165 levels. It made intraday high at 1,168 and low at 1,163 marks. Intraday bias remains bullish till the time pair holds key support at 1,157 levels. A daily close...
FxWirePro:Gold faces strong resistance at $1180, good to sell on rallies
Dec 09, 2016 06:13 am UTC| Technicals
Gold dropped almost $14 form the yesterday high on account of higher dollar and Fed rate hike fears. It is currently trading around $1167. The European Central Bank has surprised the markets by scaling back its QE...
FxWirePro: USD/INR erases previous gain against U.S. dollar, bias remains bullish
Dec 09, 2016 05:16 am UTC| Technicals
USD/INR is currently trading around 67.48 marks. It made intraday high at 67.52 and low at 67.40 marks. Intraday bias remains bullish till the time pair holds key support at 67.19 mark. Key resistances are...
FxWirePro: AUD/USD finds major resistance at 0.7458, good to sell rallies
Dec 09, 2016 04:55 am UTC| Technicals
AUD/USD has been rejected at highs around 0.7508 on Thursdays trade. Aussie ignores better-than-expected Chinese CPI report, broadly stronger greenback weighs. The pair is just holding above 20-DMA support at...
FxWirePro: USD/TWD rejects key support at 31.63 mark, good to buy on dips
Dec 09, 2016 04:02 am UTC| Technicals
USD/TWD is currently trading around 31.84 marks. It made intraday high at 31.86 and low at 31.67 marks. Intraday bias remains bullsih for the moment. A daily close above 31.77 will drag the parity up towards...
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