Aug 31, 2016 06:34 am UTC| Technicals
Major Support 1.11380 (50- day MA). Major intraday resistance 1.11660 (trend line joining 1.12077 and 1.11922). The pair has been recovered slightly after breaking the 50- day MA yesterday. It has jumped till...
FxWirePro: AUD/USD finds support by 110-EMA at 0.7494, break below targets 0.7420
Aug 31, 2016 06:27 am UTC| Technicals
AUD/USD downside finds strong support by 110-EMA at 0.7494. Momentum studies are bearish, break below 0.7494 targets 0.7420. Daily price action has dipped into daily cloud. Recovery attempts were weak, pair...
FxWirePro: USD/ZAR rejects key resistance at 14.56, bias turns to bearish again
Aug 31, 2016 06:25 am UTC| Technicals
USD/ZAR is currently trading around 14.48 levels. It made intraday high at 14.51 and low at 14.44 levels. Intraday bias remains slightly bearish till the time pair holds key resistance at 14.56 levels. A...
Aug 31, 2016 06:07 am UTC| Technicals
The pair forms whipsaws pattern on both daily and 4H charts. Trend in sideways has now spiked above DMAs Add fresh longs only upon breach above 103.223. Upswings can be extended at channel...
FxWirePro: USD/INR breaks key support at 67.05, good to sell on rallies
Aug 31, 2016 05:36 am UTC| Technicals
USD/INR is currently trading around 67.02 marks. It made intraday high at 67.07 and low at 67.0250 marks. Intraday bias remains bearish till the time pair holds immediate resistance at 67.16 marks. Key...
FxWirePro: USD/JPY finds major resistance by 55-EMA at 103.22, go long on break above
Aug 31, 2016 05:17 am UTC| Technicals
USD/JPY was rejected at 55-EMA by 103.22 which is a major hurdle on the upside. The major has broken above 50-DMA at 102.67. Break above 55-EMA at 103.22 can see test of 104.20 (trendline). Major support...
Aug 31, 2016 05:14 am UTC| Technicals
Major resistance- $1322 (100-H MA). Major support- $1308. The yellow metal has declined sharply till $1308.80 level yesterday. It is currently trading around $1315.45. The intraday resistance is around $1322...
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