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FxWirePro: AUD/CAD breaks major resistance at 0.9955, eyes 200-DMA at 1.0033, stay long

Jul 18, 2017 05:47 am UTC| Technicals

AUD/CAD has shown a decisive break above major trendline resistance at 0.9955. The pair is currently hovering around 1.00 mark, bulls now eyes 200-DMA at 1.0033. Reserve Bank of Australia (RBA) maintained a...

FxWirePro: AUD/NZD hovers around weekly 200-SMA at 1.0767, momentum studies bullish, stay long

Jul 18, 2017 05:20 am UTC| Technicals

AUD/NZD is extending gains, hovers around weekly 200-SMA at 1.0767, bias higher. Kiwi plunged after New Zealands CPI report disappointed, coming in at 0.0% versus 0.2% expectations and 0.1% last. After a brief...

FxWirePro: USD/TWD exhibits range bound movement, bias remains neutral

Jul 18, 2017 05:13 am UTC| Technicals

USD/TWD is currently trading around 30.33 marks. It made intraday high at 30.43 and low at 30.29 marks. Intraday bias remains neutral till the time pair holds key support at 30.25 marks. A daily close above...

FxWirePro: USD/THB hovers around fresh 2-year low at 33.56 mark, faces strong support at 33.01 mark

Jul 18, 2017 04:16 am UTC| Technicals

USD/THB is currently trading around 33.59 marks. It made intraday high at 33.64 and low at 33.56 marks. Intraday bias remains bearish till the time pair holds key resistance at 33.77 mark. On the top side,...

FxWirePro: USD/JPY capped at 20-DMA, on track to test 200-DMA at 111.70, stay short

Jul 18, 2017 03:09 am UTC| Technicals

USD/JPY down 0.45 pct on the day, slips to 3-week lows at 112.08. Upside capped at 20-DMA at 112.68 and we see a bearish 5 and 20 DMA crossover. We see scope for further downside. Bears eye 200-DMA at 111.70....

FxWirePro: Singapore dollar rises gradually against U.S. dollar, good to sell on rallies

Jul 18, 2017 03:00 am UTC| Technicals

USD/SGD is currently trading around 1.3672 marks. It made intraday high at 1.3707 and low at 1.3671 levels. Intraday bias remains bearish till the time pair holds key resistance at 1.3722 mark. A daily close...

FxWirePro: XAG/USD remains well supported above $16.00 mark, stay bullish

Jul 18, 2017 02:18 am UTC| Technicals

XAG/USD is currently trading around $16.14 marks. It made intraday high at $16.16 and low at $16.06 levels. Intraday bias remains bullish till the time pair holds key support at $15.92 mark. A daily close...

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