Sep 19, 2016 06:54 am UTC| Technicals
From last three days, Aussie dollar has been recovering its price losses against Kiwi dollar, bulls started pushing hard vigorously from the lows of 1.0235 (tested support at that juncture bounced back) to the current...
FxWirePro: GBP/JPY trades weak, good to sell on rallies
Sep 19, 2016 06:35 am UTC| Technicals
Major support 129.06 (Aug 15th 2016 low). Major resistance 134.30 (3 W EMA). GBP/JPY has once again declined sharply after breaking below 10 W MA. It is currently trading around 133.12. GBP trades weaker...
FxWirePro: USD/CNY hovers around 6.67 mark, PBOC sets yuan mid-point at 6.6786
Sep 19, 2016 06:19 am UTC| Technicals
USD/CNY is currently trading around 6.6708 marks. It made intraday high at 6.6772 and low at 6.6610 levels. Intraday bias remains slightly bearish till the time pair holds key resistance at 6.6805 marks. On...
FxWirePro: NZD/USD closes bearish gap but struggles at 20-DMA, intraday bias higher
Sep 19, 2016 06:07 am UTC| Technicals
NZD/USD holds major trendline support at 0.7250, intraday bias higher. Commodity outperformance could extend into this week, keeping the NZD supported. Also markets have priced in OCR on hold at 2.0% at Thursdays...
FxWirePro: USD/ZAR faces key hurdle at 14.10, sustained break below targets 13.83
Sep 19, 2016 05:38 am UTC| Technicals
USD/ZAR is currently trading around 14.13 levels. It made intraday high at 14.21 and low at 14.11 levels. Intraday bias remains neutral till the time pair holds major support at 14.11 levels. A daily...
FxWirePro: AUD/USD finds strong support at 100-DMA, good to go long on dips
Sep 19, 2016 05:17 am UTC| Technicals
AUD/USD closed the bearish gap open and has bounced higher. Morrison announced a new MoU between the government and RBA, in which it states that now is not the time for major changes to RBA accord. Aussie bid on...
FxWirePro: Gold takes support near 100-day MA, good to sell on rallies
Sep 19, 2016 05:14 am UTC| Technicals
Major Support - $1305 (100- day EMA) Major resistance -$1325 (21- day MA) The yellow metal has taken support near 100- day MA and slightly recovered from that level. It is currently trading around...
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