FxWirePro: USD/INR hits fresh 5-week low at 66.89 mark, WPI inflation in focus
Jul 14, 2016 06:16 am UTC| Technicals
USD/INR is currently trading around 66.90 marks. It made intraday high at 67.21 and low at 66.89 marks. Intraday bias remains bearish till the time pair holds immediate resistance at 67.22 marks. Key...
FxWirePro: AUD/JPY struggles at channel top resistance, buy breakout, target 83 levels
Jul 14, 2016 06:14 am UTC| Technicals
No lasting market impact was seen from a somewhat positive Australias employment report, Aussie bulls largely unimpressed. Data released earlier today showed that Australias employment change came slightly below...
Jul 14, 2016 06:02 am UTC| Technicals
The bulls in this pair have been spiking from last 4 days in the major downtrend from the lows of 111.068 to the current 116.270 levels. Why are we calling the major trend as bearish? You may probably understand if you...
FxWirePro: Silver enjoys range bound market movement, sell the rallies
Jul 14, 2016 05:24 am UTC| Technicals
XAG/USD is currently trading around $20.25 marks. It made intraday high at $20.52 and low at $20.18 levels. Intraday bias remains bearish for the movement. A daily close above $20.34 tests key resistances...
FxWirePro: EUR/JPY finds stiff resistance at 116.42, break above could see further upside
Jul 14, 2016 05:18 am UTC| Technicals
EUR/JPY has bounced off 20-DMA support at 114.90, upside stalls just shy of 3-week highs at 116.42. Japan stimulus hopes triggered a broad-based selling in JPY which has set EUR/JPY cross on a recovery...
Jul 14, 2016 05:12 am UTC| Technicals
Major intraday resistance -$1347 (90 H EMA) The yellow metal has made a high of $1347 and declined from that level.It is currently trading around $1337. The intraday bias is weak and is trading slightly below...
FxWirePro: NZD/USD breaks major support at 0.7260, on track to test 0.72 levels
Jul 14, 2016 04:29 am UTC| Technicals
Kiwi came under renewed selling pressure after RBNZ announced the release of its new monthly economic assessment report. The report cast a doubt over New Zealands growth prospectsand raised call for a rate cut at...
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