
FxWirePro: Possible "Bullish Cypher" on NZD/CAD daily charts, good to sell rallies
Nov 15, 2016 06:23 am UTC| Technicals
Possible Bullish Cypher pattern formation seen on NZD/CAD daily charts. The pair has slipped below 20-DMA at 0.9643, intraday bias lower. Technical studies support downside, RSI and Stochs are biased...

Nov 15, 2016 06:18 am UTC| Technicals
Before we begin with this write-up, we reiterate AUDUSD history repeats at sloping channel resistance (see monthly charts). We had advocated this around two months ago, please follow below weblink for more...

FxWirePro: Gold faces strong support at 100-W MA, good to buy on dips
Nov 15, 2016 05:48 am UTC| Technicals
Major support - $1207 (100- W MA) Gold has once again recovered after declining till $1211.It is currently trading around $1225. The yellow metal faces strong support at 100- W MA and any weakness can be seen...

FxWirePro: NZD/USD rejected at highs 0.7144, bias lower, good to sell rallies
Nov 15, 2016 05:41 am UTC| Technicals
NZD/USD rejected at highs as the Kiwi fails to sustain the recovery and drops back into the red. Recovery-attempt in NZD/USD short-lived as markets continued to assess the impact of the earthquakes. Focus remains...

Nov 15, 2016 05:40 am UTC| Technicals
USD/INR is currently trading around 67.72 marks. It made intraday high at 67.89 and low at 67.60 marks. Intraday bias remains bullish till the time pair holds immediate support at 67.22 marks. Key...

FxWirePro: EUR/GBP extends rangebound trade, focus on German GDP and UK CPI
Nov 15, 2016 05:14 am UTC| Technicals
EUR/GBP extends narrow trade into the second consecutive day, is holding above 0.86 handle. A close below 0.76 handle would open doors for 0.8562 (Sep 22 low) and 0.85 (zero figure). On the flip side, breach of...

FxWirePro: AUD/USD off highs, muted reaction on release of RBA minutes, good to sell rallies
Nov 15, 2016 04:12 am UTC| Technicals
Broad-based retreat in the US dollar supported the upmove in the AUD/USD Aussie also boosted by rebound across the commodities space. But upside failed to gain traction, AUD/USD failed to retake 5-DMA which is...