
FxWirePro: Prefer to go short on XAG/USD around $16.10 with stop loss at $16.24 and target of $15.89
Dec 19, 2016 06:25 am UTC| Technicals
XAG/USD is currently trading around $16.09 marks. It made intraday high at $16.19 and low at $16.02 levels. Intraday bias remains bearish till the time pair holds key resistance at $16.24 levels. A daily...

FxWirePro: Gold faces strong resistance at 5- day MA, good to sell on rallies
Dec 19, 2016 06:14 am UTC| Technicals
Gold gained mildly from the ten months low of $1122. The yellow metal jumped till $1141.25 yesterday .It is currently trading around $1139.72. Gold has shown a slight jump but upside will capped by 10- day MA due to...

Dec 19, 2016 06:02 am UTC| Technicals
The shooting star pattern is traced out at peaks of rallies, at 86.067 on weekly and at 86.933 levels on daily terms. Expect more dips as shooting star evidences slumps that break support below 86.379 and 7-DMA. RSI...

FxWirePro: NZD/USD holds minor support at 0.6955, break below will see further downside
Dec 19, 2016 05:50 am UTC| Technicals
Upbeat ANZ business confidence data for Dec offering the kiwi a slight boost. NZD/USD holds minor trendline support at 0.6955 to edge higher. We see a spinning top formation, bulls struggling to extend...

FxWirePro: Indian rupee marginally higher against U.S. dollar, bias remains neutral
Dec 19, 2016 05:35 am UTC| Technicals
USD/INR is currently trading around 67.72 marks. It made intraday high at 67.85 and low at 67.71 marks. Intraday bias remains neutral till the time pair holds key resistance at 67.90 mark. Key resistances...

FxWirePro: AUD/USD slips below 0.73 handle, good to short rallies
Dec 19, 2016 05:23 am UTC| Technicals
Aussie slightly bid after government sees smaller deficit for 2016/17 than previously forecasted in May. In its latest report, Fitch has said the budget outlook is still consistent with AAA ratings, despite slight...

FxWirePro: ASX200 struggles to close below 10- day MA, good to buy on dips
Dec 19, 2016 04:07 am UTC| Technicals
Major intraday support - 5515 ( 10-day MA) Major resistance - 5625 (Oct 11th 100- day MA). ASX200 recovers from the low of 5516 made at the time of writing till 5586. It is currently trading around 5580 0.69%...