
Gold faces strong resistance around $1335, break above targets $1358/$1372
Jul 01, 2016 05:32 am UTC| Technicals
Major resistance - $1335 (26th Jun 2016 high) Major support - $1317 (21 4H MA) Gold has recovered sharply till $1330 at the time of writing after the Mark Carney hinted that the BOE could ease monetary policy...

FxWirePro: USD/INR remains supported just above 67.38 mark, bias turns to slightly negative
Jul 01, 2016 05:30 am UTC| Technicals
USD/INR is currently trading around 67.44 marks. It made intraday high at 67.52 and low at 67.41 marks. Intraday bias remains bearish till the time pair holds key resistance at 67.72 marks. Key resistances...

FxWirePro: USD/JPY capped between 5&10 DMAs, momentum studies neutral
Jul 01, 2016 04:33 am UTC| Technicals
Risk-on rally in the equities was offset by poor Chinese manufacturing PMI reports. Poor Chinese data and deteriorating investors sentiment likely to keep demand for the Yen intact. Data released earlier showed...

FxWirePro: AUD/NZD falls below 1.0450 mark, faces key support at 1.0416
Jul 01, 2016 03:29 am UTC| Technicals
AUD/NZD is trading around 1.0432 marks. Pair made intraday high at 1.0454 and low at 1.0422 marks. Short term bias remains highly neutral till the time pair holds key support at 1.0416 marks. On the top...

FxWIrePro: NZD/USD intraday bias higher, good to go long on dips
Jul 01, 2016 03:28 am UTC| Technicals
According to an ANZ survey yesterday, New Zealand business confidence soared to a six-month high in June. The ANZ composite growth indicator that combines consumer as well as business confidence is giving a solid...

FxWirePro: EUR/JPY edges lower from session highs at 114.74, intarday bias neutral
Jul 01, 2016 03:09 am UTC| Technicals
EUR/JPY has edged lower from session highs at 114.74, but is holding above 5-DMA at 113.87. Poor Chinese data and deteriorating investors sentiment likely to keep demand for the Yen intact. Data released earlier...

FxWirePro: USD/SGD hovers around key support at 1.3451 mark, bias remains neutral
Jul 01, 2016 03:06 am UTC| Technicals
USD/SGD is currently trading around 1.3460 marks. It made intraday high at 1.3482 and low at 1.3443 levels. Intraday bias remains neutral till the time pair holds key support at 1.3451 levels. A daily close...