FxWirePro: Singapore dollar erases previous gain against US dollar, bias turns to bullish
Jul 05, 2016 01:28 am UTC| Technicals
USD/SGD is currently trading around 1.3462 marks. It made intraday high at 1.3474 and low at 1.3447 levels. Intraday bias remains bullish till the time pair holds key support at 1.3410 levels. A daily close...
FxWirePro: Yen gains in early hours against US dollar, bias remains bearish
Jul 05, 2016 00:59 am UTC| Technicals
USD/JPY is currently trading around 102.36 marks. It made intraday high at 102.58 and low at 102.26 levels. Intraday bias remains bearish till the time pair holds key resistance at 103.39 marks. A daily...
Chart of the Day: Silver surfer
Jul 04, 2016 17:08 pm UTC| Commentary Technicals
Silver flew past $20/troy ounce area to trade as high as $21.17/troy ounce. We suspect a major shift in trend, especially in theprecious metals market. We have been bullish on Gold from $1060/troy ounce but was late in...
Jul 04, 2016 12:21 pm UTC| Technicals
Major resistance 0.7325 (trend line joining 0.75894 and 0.7364) Major support 0.7230 (daily Tenkan-Sen) AUD/CHF has recovered sharply after making a low of 0.72440 at the time of writing. It is currently...
FxWIrePro: USD/CAD faces strong support at 21 day MA, good to sell on rallies
Jul 04, 2016 10:51 am UTC| Technicals
Major support- 1.2865 (21 day MA) Major resistance 1.3033 (200 day MA) USD/CAD has broken major support 1.2899 (daily Kijun-Sen) and declined till 1.28650 at the time of writing. It is currently trading around...
CAD/JPY faces strong resistance around 80, break above targets 80.85/81.70
Jul 04, 2016 09:34 am UTC| Technicals
Major resistance- 79.82 (55 4H EMA) CAD/JPY has made a high of 79.82 at the time of writing and started to decline from that level. It is currently trading around 79.69. Short term trend is bearish as long as...
FxWirePro: EUR/SEK hovers around 9.40 mark, bias remains bullish
Jul 04, 2016 08:18 am UTC| Technicals
EUR/SEK is currently trading around 9.3984 levels. It made intraday high at 9.4115 and low at 9.3756 levels. Intraday bias remains bullish till the time pair holds key support at 9.3637 marks. A daily close...
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