FxWirePro: 10-DMA caps upside in EUR/CAD, momentum studies bearish
Jul 04, 2016 06:00 am UTC| Technicals
EUR/CAD edges lower from session highs at 1.4385, 10-DMA (currently at 1.4411) weighs on the upside. Momentum studies are bearish, RSI below 50 levels, pointing south and MACD below zero supports downside. The...
FxWirePro:Gold faces strong resistance at $1358, good to buy at dips
Jul 04, 2016 05:34 am UTC| Technicals
Major resistance - $1358(24th Jun 2016 high) Major support - $1324 (21 4H MA) Gold has jumped till $1357.50 on Friday and slightly declined from that level. It is currently trading around $1346. Gold is...
FxWirePro: USD/INR opens at 67.23, faces strong support at 67.15 mark
Jul 04, 2016 05:31 am UTC| Technicals
USD/INR is currently trading around 67.19 marks. It made intraday high at 67.24 and low at 67.15 marks. Intraday bias remains bearish till the time pair holds key resistance at 67.38 marks. Key resistances...
Jul 04, 2016 05:29 am UTC| Technicals
Technical glimpse: AUD/USD is spiking quite often ever since the recently occurred Dragon fly Doji pattern to break resistance at 0.7366 and currently attempting to breach one more resistances at 0.7508 levels. Since...
FxWirePro: AUD/CAD slips below 1H 20-SMA, good to go short on rallies
Jul 04, 2016 04:54 am UTC| Technicals
AUD/CAD edges lower from 0.9671, intraday bias lower. The pair has slipped below 20-SMA on the hourly charts and technicals support downside. Stochs and RSI on hourly charts are biased lower, MACD has slipped below...
FxWirePro: EUR/JPY finds stiff resistance at 114.50, good to long on break above
Jul 04, 2016 04:06 am UTC| Technicals
EUR/JPY hovers around stiff trendline resistance at 114.50, break above could see further upside. On weekly charts, Stochs have rolled over from oversold territory and 4H charts show scope building for upside in the...
FxWirePro: NZD/USD edges lower from session highs at 0.7191, bias higher
Jul 04, 2016 03:46 am UTC| Technicals
Kiwi tracked the Aussie lower on Mondays open, NZD/USD saw a slight bearish gap down open of around 12 pips. The pair then resumed upside, to hit session highs of 0.7191, intarday bias remains higher. 5-DMA at...
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