
FxWirePro: Gold faces strong resistance at $1300, good to sell on rallies
Apr 19, 2017 06:08 am UTC| Technicals
Gold prices declined almost $15 yesterday after hitting fresh 5- month high. The yellow metal mild decline on account of easing geopolitical tensions over North Korea. Gold recovered from the low of $1278 after UK PM...

FxWirePro: Silver falls gradually against U.S. dollar, stay bearish
Apr 19, 2017 05:55 am UTC| Technicals
XAG/USD is currently trading around $18.18 marks. It made intraday high at $18.31 and low at $18.18 levels. Intraday bias remains bearish till the time pair holds key resistance at $18.26 mark. A daily close...

Apr 19, 2017 05:51 am UTC| Technicals
Aussie hurt by weakness in iron ore prices and bearish tone of RBA minutes. AUD/JPY closed below 200-DMA for the first time after 5-1/2 months. The pair finds major trendline support at 81.60, break below will...

FxWirePro: AUD/USD breaks below 200-DMA, bias lower, stay short
Apr 19, 2017 05:21 am UTC| Technicals
AUD/USD dives below 200-DMA, drop in iron ore prices to six-month lows amid risk-off weighs. The major has shown a decisive break below 200-DMA, intraday bias lower. Downside is currently holding support at 38.2%...

FxWirePro: USD/INR trades in narrow range, consistent close above 64.68 targets 65.08
Apr 19, 2017 04:53 am UTC| Technicals
USD/INR is currently trading around 64.63 marks. It made intraday high at 64.69 and low at 64.60 marks. Intraday bias remains bullish till the time pair holds key support at 64.47 marks. Key resistances are...

FxWirePro: Chinese yuan depreciates in early Asia, PBOC sets yuan mid-point at 6.8664
Apr 19, 2017 04:02 am UTC| Technicals
USD/CNY is currently trading around 6.8835 marks. It made intraday high at 6.8835 and low at 6.8749 levels. Intraday bias remains slightly bullish till the time pair holds key support at 6.8739 marks. A...

FxWirePro: USD/TWD hovers around 30.40 mark after Moody’s comments on Taiwanese banks
Apr 19, 2017 03:20 am UTC| Technicals
USD/TWD is currently trading around 30.40 marks. It made intraday high at 30.43 and low at 30.32 marks. Intraday bias remains bullish till the time pair holds key support at 30.30 marks. A daily close above...