
FxWirePro: NZD/USD upside stalls at channel top, slips below 5-DMA at 0.6969
Apr 21, 2016 05:13 am UTC| Technicals
Despite risk-on sentiment, the Kiwi has been left on the sidelines, trades narrow range on the day (0.6982-0.6955). Upside in the pair stalls at channel top resistance at 0.7054, pair has now slipped below 5-DMA...

FxWirePro: USD/JPY finds strong resistance at 109.90, go long on break above
Apr 21, 2016 03:54 am UTC| Technicals
Doji formed on USD/JPY daily charts till now. Pair finds strong trendline resistance at 109.90. Further upside can be seen on breaks above. Test of 110.65 then likely. Ex-BOJ deputy governor Iwata was on the...

FxWirePro: Silver rises nearly 3 pct to $17.37, highest since May 2015
Apr 21, 2016 03:53 am UTC| Technicals
XAG/USD is currently trading around $17.28 marks. It made intraday high at $17.37 and low at $16.89 levels. Intraday bias remains bullish till the time pair holds immediate support level at $17.11 marks. On...

FxWirePro: Gold refrains to fall below key support at $1242, intraday bias remains bullish
Apr 21, 2016 03:14 am UTC| Technicals
XAU/USD is currently trading around $1248 mark. It made intraday high at $1251 and low at $1242 levels. Intraday bias remains bullish till the time pair holds immediate support at $1242 marks. A daily close...

FxWirePro: AUD/USD trades rangebound in the Asian session, momentum higher
Apr 21, 2016 03:14 am UTC| Technicals
The latest NAB confidence gauge showed both a resilient non-mining recovery and an outlook that has continued to improve, although the confidence figures matched estimates. National Australia Bank Q1 business...

FxWirePro: ASX200 trades well above 5200, good to buy at dips
Apr 21, 2016 02:53 am UTC| Technicals
Major resistance - 5220 (55 W EMA) ASX200 has broken major resistance 5220 and jumped till 5290 at the time of writing. It is currently trading at 5275. Short term trend is slightly bullish as long as support...

FxWirePro: Nikkei forms Inverse H&S pattern, good to buy at dips
Apr 21, 2016 02:43 am UTC| Technicals
Pattern Formed-Inverse Head and shoulder Major resistance - 17300 The index has broken neckline around 16800 and jumped till 17250 at the time of writing .It is currently trading around 17237.Short term trend is...