
FxWirePro: USD/INR breaks key support at 63.48 mark, bias remains slightly bearish
Jan 25, 2018 07:16 am UTC| Technicals
USD/INR is currently trading around 63.49 marks. It made intraday high at 63.49 and low at 63.39 marks. Intraday bias remains bearish till the time pair holds key resistance at 63.72 mark. Key resistances...

FxWirePro: Gold hits 1-1/2 year high, good to buy on dips
Jan 25, 2018 07:00 am UTC| Technicals
Chart Pattern Bearish Divergence (RSI and MACD). Gold has shown a huge jump almost $20 after hitting low of $1324. The yellow metal has broken the high of $1357 high made on Sep 8th 2017. US dollar index has been...

FxWirePro: GBP/AUD consolidates above daily cloud, weakness only on break below 50-DMA
Jan 25, 2018 06:30 am UTC| Technicals
GBP/AUD is trading in an extremely narrow range, intraday bias remains neutral. The pair is consolidating break above daily Ichimoku cloud, scope for further upside. Strong UK labour market data giving the...

FxWirePro: USD/CNY hovers around 6.32 mark, hits lowest level since November 2015
Jan 25, 2018 06:10 am UTC| Technicals
USD/CNY is currently trading around 6.3229 marks. It made intraday high at 6.3649 and low at 6.3215 levels. Intraday bias remains bearish till the time pair holds key resistance at 6.3649 mark. A sustained...

Jan 25, 2018 06:00 am UTC| Technicals
The minor trend of EURUSD manages to break-out above range (refer 4H chart in the rectangular area), consequently, the current prices have spiked above 7SMAs. For now, the upswings are most likely to extend further upon...

FxWirePro: EUR/GBP breaks 'Symmetric Triangle' pattern, hovers around 61.8% Fib, bias lower
Jan 25, 2018 05:45 am UTC| Technicals
EUR/GBP trades in a narrow range, consolidates previous sessions downside, bias still bearish. The pair has shown a breakout of Symmetric Triangle pattern and has breached major support at 0.8765 (Triangle...

FxWirePro: Nikkei breaks trend lien support, good to sell on rallies
Jan 25, 2018 05:43 am UTC| Technicals
Nikkei has shown a minor decline of almost 500 points after hitting high of 24122. The major reason for slight decline was due to huge sell off in USD/JPY pair. US SP 500 has shown a minor sell-off from the all-time high...