FxWirePro: USD/JPY slips below 104 handle after reports of powerful earthquake in Japan
Oct 21, 2016 06:55 am UTC| Technicals
USD/JPY reversed early gains to slip below 104 handle after reports of apowerful earthquake off Japans West coast. The pair slumped from highs of 104.13 to hit 103.75 and has since stalled downside after Japan...
Oct 21, 2016 06:43 am UTC| Technicals
Technical roundup: We could foresee the prolonged weakness in CADJPY in medium term basis. Its been observed that the bear swings are prolonging from last 3 consecutive days after the shooting star pattern has...
FxWirePro: USD/TRY exhibits range bound movement; stay bearish
Oct 21, 2016 06:11 am UTC| Technicals
USD/TRY is currently trading at 3.0630 levels. It made intraday high at 3.0662 and low at 3.0546 levels. Intraday bias remains bearish for the moment till the time pair holds key resistance at 3.0755...
FxWirePro: EUR/GBP rejected at major trendline resistance, bias lower
Oct 21, 2016 05:46 am UTC| Technicals
At ECB policy meeting yesterday, Draghi left markets hanging, remained in a waiting mood and did not give any hints on the direction of future moves. EUR/GBP has a volatile session on Thursday. Spiked to as high as...
FxWirePro: Gold upside capped by 23.6% retracement, good to sell on rallies
Oct 21, 2016 05:43 am UTC| Technicals
Major resistance- $1265 (Oct 7th high). Major intraday Support - $1250. Gold declined sharply after making a two- week high around $1274.50 on account of the higher dollar and Fed rate hike fear. It is currently...
FxWirePro: Silver falls below $17.50 mark; good to sell on rallies
Oct 21, 2016 05:30 am UTC| Technicals
XAG/USD is currently trading around $17.44 marks. It made intraday high at $17.53 and low at $17.37 levels. Intraday bias remains bearish till the time pair holds immediate resistance at $17.75 marks. A...
FxWirePro: AUD/USD hovers around 20-DMA, close below to confirm downside
Oct 21, 2016 04:57 am UTC| Technicals
Aussie under pressure in wake of increased odds of RBA easing after yesterdays poor employment numbers. Weakness across the commodities space also collaborates to the downbeat sentiment around the resource-linked...
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