
FxWirePro: Gold hits one –month high, good to buy on dips
Dec 29, 2017 05:14 am UTC| Technicals
Gold continuing its 9th day of rally longest since 2011 and hits one month high. The main reason for jump is due to weakness of US dollar. US dollar index is trading weak for the past two days and closed below trend line...

FxWirePro: NZD/USD hovers around 200-DMA at 0.7104, breakout to see further upside
Dec 29, 2017 04:26 am UTC| Technicals
NZD/USD up 0.21% on the day, pauses just shy of 200-DMA at 0.7104. Technical indicators are bullish. RSI sharply higher, gaining upside traction at 68 levels. ADX on daily charts supports upside, is above 25...

FxWirePro: Taiwanese dollar rises sharply against U.S. dollar, hits fresh 4-year high at 29.59 mark
Dec 29, 2017 03:55 am UTC| Technicals
USD/TWD is currently trading around 29.65 marks. It made intraday high at 29.84 and low at 29.59 marks. Intraday bias remains bearish for the moment. A daily close above 29.82 will drag the parity up towards...

FxWirePro: Taiwanese dollar rises sharply against U.S. dollar, hits fresh 4-year high at 29.59 mark
Dec 29, 2017 03:55 am UTC| Technicals
USD/TWD is currently trading around 29.65 marks. It made intraday high at 29.84 and low at 29.59 marks. Intraday bias remains bearish for the moment. A daily close above 29.82 will drag the parity up towards...

FxWirePro: Silver hits fresh 4-week high at $16.86 mark, stay bearish only below $16.80 mark
Dec 29, 2017 02:36 am UTC| Technicals
XAG/USD is currently trading around $16.82 marks. It made intraday high at $16.84 and low at $16.80 levels. Intraday bias remains slightly neutral till the time pair holds key resistance at $16.87 mark. A...

FxWirePro: South Korean won strengthens on robust CPI data
Dec 29, 2017 02:00 am UTC| Technicals
EUR/KRW is currently trading around 1,272 mark. Pair made intraday high at 1,276 and low at 1,272 levels. Intraday bias remains bearish till the time pair holds key resistance at 1,278 mark. A sustained...

FxWirePro: US Dollar Index trades below trend line support at 93, good to sell on rallies
Dec 28, 2017 12:32 pm UTC| Technicals
Major trend line resistance- 93.85 (trend line joining 102.97 and 101.26). DXY is trading slightly weak and broken major trend line support 93. The index declined till 92.64 at the time of writing. It is currently...