FxWirePro: Buy Gold above trend line breakout
Dec 08, 2016 06:26 am UTC| Technicals
Gold posted a mild gains in the Asian session after upbeat China trade data . The yellow metal jumped from the low of $1171 made yesterday. Chinas trade balance for Nov came as a surplus of $44.61 billion, compared...
FxWirePro: USD/INR hits fresh 4-week low at 67.30 mark, faces strong support at 67.22 mark
Dec 08, 2016 05:49 am UTC| Technicals
USD/INR is currently trading around 67.36 marks. It made intraday high at 67.38 and low at 67.30 marks. Intraday bias remains neutral till the time pair holds key support at 67.30 mark. Key resistances are...
FxWirePro: XAG/USD hits fresh 3-week high at $17.21 mark, sustained close above targets $17.48
Dec 08, 2016 04:49 am UTC| Technicals
XAG/USD is currently trading around $17.14 marks. It made intraday high at $17.20 and low at $17.08 levels. Intraday bias remains bullish till the time pair holds immediate support at $16.90 marks. A daily...
FxWirePro: USD/JPY bias turns bearish on dip below 5-DMA, good to sell rallies
Dec 08, 2016 04:04 am UTC| Technicals
USD/JPY struggles to extend gains beyond 114.82 (Dec 1 highs), fails to claim 115 handle. Intraday bias in the pair has truned bearish on dip below 5-DMA at 113.71. RSI and Stochs are at overbought levels and are...
FxWirePro: AUD/NZD breaks major trendline support at 1.0425, good to short rallies
Dec 08, 2016 03:21 am UTC| Technicals
AUD/NZD has broken major trendline resistance at 1.04225 after struggling there for the past 6 days. Upside in the pair is seen capped at 5-DMA at 1.0438, close above would reverse the bearish bias. Momentum...
Nikkei225 trades higher, good to sell on rallies
Dec 08, 2016 03:15 am UTC| Technicals
Nikkei225 continues its winning streak on account of higher U.S stock markets .The index has formed a temporary top around 18742 and not able to close above level. The index jumped till 18721 and is currently trading at...
FxWirePro: USD/TWD hits fresh 4-week low at 31.58 mark, faces strong support at 31.45
Dec 08, 2016 03:07 am UTC| Technicals
USD/TWD is currently trading around 31.69 marks. It made intraday high at 31.89 and low at 31.58 marks. Intraday bias remains bearish for the moment. A daily close above 31.90 will drag the parity up towards...
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