
FxWirePro: NZD/USD holds above 0.70 handle, bias higher, stay long
Apr 17, 2017 07:31 am UTC| Technicals
Kiwi remains bid on upbeat China data dump. Chinas GDP growth, industrial growth, fixed asset investment and retail sales, all surpassed consensus estimates. NZD/USD has managed to break 20-DMA resistance at 0.6999...

FxWirePro: XAG/USD remains well supported above $18.50 mark, good to buy on dips
Apr 17, 2017 07:02 am UTC| Technicals
XAG/USD is currently trading around $18.55 marks. It made intraday high at $18.63 and low at $18.50 levels. Intraday bias remains bullish till the time pair holds key support at $18.38 mark. A daily close...

Apr 17, 2017 06:56 am UTC| Technicals
Since 12th Jan, the gold price behavior drifts in whipsaws pattern that evidences slumps, Current bearish sentiments hovering at 21SMAs, any breach below this level likely to drag more slumps upto $1280 levels. Bulls in...

FxWirePro: NZD/JPY trades rangebound, bias lower, good to short break below 75.60
Apr 17, 2017 06:46 am UTC| Technicals
NZD/JPY consolidating break below 200-DMA in a major bear trend. 5-DMA currently at 76.10 weighs on the upside. The pair is extending grind lower along 5-DMA. We see strong support at 75.60, only break below will...

FxWirePro: USD/ZAR fails to fall below 13.30 mark, bias turns bullish again
Apr 17, 2017 06:23 am UTC| Technicals
USD/ZAR is currently trading around 13.42 levels. It made intraday high at 13.42 and low at 13.35 levels. Intraday bias remains bullish till the time pair holds key support at 13.32 marks. A daily close...

FxWirePro: EUR/JPY pares some losses to retake 115 handle, bias lower, stay short
Apr 17, 2017 06:04 am UTC| Technicals
EUR/JPY has pared some losses and edged off lows at 114.85 to retake 115 handle, bias lower. The pair has broken major trendline support at 115.70 and trades in a major bear trend. Momentum studies are heavily...

Gold: 161.8% fibo and Bearish divergence
Apr 17, 2017 06:00 am UTC| Technicals
Gold prices added to recent gains and hits fresh five month high at $1295 at the time of writing on rising geopolitical tension over North Korea. North Korea attempted to launch a missile on Sunday from Sinpo, a city...