
FxWirePro: GBP/AUD breaks strong resistance at 1.8640, good to long dips
Apr 26, 2016 07:15 am UTC| Technicals
GBP/AUD extends upside after breaking strong trendline resistance at 1.8640. Technical indicators suggest further upside in the pair. RSI strength seen at 54, Stochs and MACD are biased north. We see a...

FxWirePro: Silver fails to find support above $17.00, intraday bias remains neutral
Apr 26, 2016 07:11 am UTC| Technicals
XAG/USD is currently trading around $16.89 marks. It made intraday high at $17.07 and low at $16.85 levels. Intraday bias remains neutral till the time pair holds immediate support level at $16.85 marks. On...

FxWirePro: EUR/GBP rangebound, price action capped within daily cloud
Apr 26, 2016 06:44 am UTC| Technicals
EUR/GBP under pressure near 0.7770 region, trades a tight range into the European session. Pair is under renewed selling pressure, on the back of a broadly stronger pound amid growing support for the remain camp with...

FxWirePro: CAD/JPY faces strong resistance at 88.68, good to sell on rallies
Apr 26, 2016 06:34 am UTC| Technicals
Major resistance- 88.68 (200 day MA) The pair has made a high of 88.36 yesterday and declined from that level. It is currently trading around 87.51. Short term trend is slightly bearish as long as resistance...

FxWirePro: USD/CNY remains wells supported above 6.49, intraday bias remains bullish
Apr 26, 2016 06:22 am UTC| Technicals
Pair is currently supported above 6.49 marks and trading around 6.4933 levels. It made intraday high at 6.5030 and low at 6.4900 levels. Today PBOC sets Yuan mid-point at 6.4882 / dollar vs last close...

FxWirePro: GBP/JPY struggles to break below 160, good to buy at dips
Apr 26, 2016 06:09 am UTC| Technicals
Major resistance -162.60 Major support 160 The pair has recovered yesterday after making a low of 160.01. It is currently trading around 160.75. Short term trend is still bullish as long as support 160...

FxWirePro: AUD/USD struggles at 0.77 handle, bias lower
Apr 26, 2016 05:37 am UTC| Technicals
Charts show scope for some downside in AUD/USD, but fundamentally it is difficult to argue for AUD downside. Rally in iron ore and steel prices, plus by oils resilience, argues for an extension of existing AUD...