FxWirePro: USD/ZAR hits fresh 4-week high on news that S.Africa’s finance minister Gordhan summoned
Oct 12, 2016 05:50 am UTC| Technicals
USD/ZAR is currently trading around 14.32 levels. It made intraday high at 14.37 and low at 14.28 levels. Intraday bias remains bullish till the time pair holds key support at 14.00 marks. A daily close...
FxWirePro: Buy Gold above $1260
Oct 12, 2016 05:42 am UTC| Technicals
Major Intraday Resistance- $1260 (trend line joining $1277 and $1265). Major support - $1249.60 (Oct 6th low). The yellow metal formed a temporary bottom around $1250 and is struggling to break below that level....
FxWirePro: NZD/USD recovery capped shy of 0.71 handle, focus on FOMC minutes
Oct 12, 2016 04:57 am UTC| Technicals
NZD/USD edges higher from session lows at 0.7050 on short covering rally after the recent sell-off. Broad-based US dollar weakness ahead of the FOMC minutes, also lends support. Upside capped shy of 0.71 handle,...
FxWirePro: Silver marginally higher in early hours of Asia, upside limited
Oct 12, 2016 04:33 am UTC| Technicals
XAG/USD is currently trading around $17.56 marks. It made intraday high at $17.57 and low at $17.42 levels. Intraday bias remains bullish till the time pair holds immediate support at $17.42 marks. A daily...
FxWirePro:ASX200 takes support at 50- day MA,good to buy on dips
Oct 12, 2016 03:26 am UTC| Technicals
Major support -5440 (50- day MA). The index has taken support around 50- day MA and started to jump from that level.It is currently trading around 5462. ASX200 is trading well above Tenken-Sen (5461) and...
FxWirePro: USD/TWD rejects key resistance at 31.70, bias remains neutral
Oct 12, 2016 03:04 am UTC| Technicals
USD/TWD is currently trading around 31.60 marks. It made intraday high at 31.68 and low at 31.43 marks. Intraday bias remains neutral till the time pair holds key resistance at 31.68 marks. A daily close...
FxWirePro:Nikkei retreats slightly form the high of 17062, good to buy on dips
Oct 12, 2016 02:58 am UTC| Technicals
Nikkei225 declined sharply after making a high of 17062.It has closed slightly below psychological level 17000 yesterday.Japanese index has made a low of 16812 yesterday and recovered slightly from that level. It is...
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