FxWirePro: XAG/USD hovers around $17.00 mark, sustained close above targets $17.22 mark
Dec 13, 2016 06:42 am UTC| Technicals
XAG/USD is currently trading around $17.04 marks. It made intraday high at $17.12 and low at $17.00 levels. Intraday bias remains bullish till the time pair holds key support at $16.87 levels. A daily close...
FxWirePro: EUR/GBP capped below 5-DMA, focus on UK CPI data
Dec 13, 2016 06:31 am UTC| Technicals
EUR/GBP remains capped below 5-DMA at 0.8422, bias lower. Nervousness sets into markets ahead of a 2-day FOMC meeting. Comments from the UK Chancellor Hammond, making a case for a Slower Brexit and upbeat Chinese...
Dec 13, 2016 05:30 am UTC| Technicals
Upbeat Chinas Nov data dump is a positive development for the Australian Dollar. Data from China released earlier today were as follows: - November Industrial Production y/y 6.2% vs 6.1% expected and 6.1%...
Dec 13, 2016 05:27 am UTC| Technicals
USD/INR is currently trading around 67.42 marks. It made intraday high at 67.42 and low at 67.31 marks. Intraday bias remains neutral till the time pair holds key resistance at 67.52 mark. Key resistances...
Gold trades flat, market awaits Fed policy for further direction
Dec 13, 2016 05:13 am UTC| Technicals
Gold recovered almost $14 from the yesterday low of $1150 level. The yellow metal shown a slight recovery on account of slight profit booking in SP 5t00. They both move in opposite direction.It is currently trading around...
FxWirePro: USD/JPY retakes 115 handle, intraday bias lower, good to sell rallies
Dec 13, 2016 04:51 am UTC| Technicals
USD/JPY trades a narrow range in the Asian session. Doji formation seen on daily charts till now. The pair is holding 5-DMA support at 114.60, break below could see drag upto 112.90 (20-DMA). Bearish RSI...
FxWirePro: USD/TWD breaks key support at 31.77, bias remains bearish
Dec 13, 2016 04:22 am UTC| Technicals
USD/TWD is currently trading around 31.74 marks. It made intraday high at 31.85 and low at 31.67 marks. Intraday bias remains bearish for the moment. A daily close above 32.02 will drag the parity up towards...