FxWireParoUS Dollar index trades above trend line resistance, good to buy on dips
Oct 11, 2016 08:38 am UTC| Technicals
Major resistance- 97.02 (trend line joining 98.57 and 97.57). Major support 96.40 (resistance turned into support). US Dollar index has jumped sharply after declining till 96.40 on account of softer than...
FxWirePro: USD/CNY hits fresh 6-year high at 6.7150, PBOC sets yuan mid-point at 6.7098
Oct 11, 2016 07:46 am UTC| Technicals
USD/CNY is currently trading around 6.7145 marks. It made intraday high at 6.7150 and low at 6.7030 levels. Intraday bias remains bullish till the time pair holds key support at 6.68 marks. On the top side,...
FxWirePro: USD/TRY hits fresh 3-month high at 3.0809, faces strong resistance at 3.0876
Oct 11, 2016 06:41 am UTC| Technicals
USD/TRY is currently trading at 3.0785 levels. It made intraday high at 3.0809 and low at 3.0678 levels. Intraday bias remains bullish for the moment till the time pair holds key support at 3.0343...
Oct 11, 2016 06:26 am UTC| Technicals
USD/ZAR is currently trading around 13.92 levels. It made intraday high at 13.93 and low at 13.77 levels. Intraday bias remains neutral till the time pair holds key resistance at 14.00 marks. A daily...
FxWirePro: Gold faces strong support at $1240, good to buy on dips
Oct 11, 2016 05:56 am UTC| Technicals
Major support - $1242 (90- W EMA). Major resistance - $1261 (200- day MA). The yellow metal plummeted on Friday and declined till $1243, a level not seen till Jun 7th 2016. It has closed around $1257.39...
FxWirePro: Norwegian krone erases previous loss against euro, stable above 9.00 mark
Oct 11, 2016 05:36 am UTC| Technicals
EUR/NOK is currently trading at 9.0031 levels. It made intraday high at 9.0050 and low at 8.9947 levels. Intraday bias remains bearish till the time pair holds key resistance at 9.0320 marks. A sustained...
FxWirePro: Silver stabilizes around $17.70 mark, good to sell on rallies
Oct 11, 2016 04:53 am UTC| Technicals
XAG/USD is currently trading around $17.67 marks. It made intraday high at $17.70 and low at $17.57 levels. Intraday bias remains bearish till the time pair holds immediate resistance at $17.99 marks. A...
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