
Gold-Silver Ratio above historic average implies Silver to outperform Gold
Apr 15, 2016 10:07 am UTC| Technicals
Historical average -15 Five years ago Gold Silver ratio is at 35 Gold-Silver ratio measures the number of silver ounces it takes to buy a single ounce of gold. The spread is currently trading at 75.98. Gold...

FxWirePro: NZD/JPY recovers most of previous week's losses, stays capped below daily cloud
Apr 15, 2016 09:19 am UTC| Technicals
NZD/JPY extends gains on the day, erasing most of Thursdays losses. Renewed risk-on wave in the markets on positive data supporting the higher-yielding currencies. The pair is on track to close the week higher paring...

FxWirePro: Norwegian krone turns negative after trade balance data
Apr 15, 2016 08:28 am UTC| Technicals
EUR/NOK is currently trading at 9.2793 levels. It made intraday high at 9.2819 and low at 9.2581 levels. Norways trade balance data released with negative numbers at 9.1B m/m vs 9.5B m/m previous...

FxWirePro: AUD/CAD finds strong resistance at 0.9915 levels, break above could see further upside
Apr 15, 2016 08:26 am UTC| Technicals
Aussie bulls buyoed by RBAs upbeat Financial Stability Review and renewed risk-on sentiment triggered by positive China data. FSR noted that the Australian financial system remains in good shape and overall household...

Apr 15, 2016 08:24 am UTC| Technicals
After testing supports at 0.9788 levels that is at channel resistance, you could see the price bounces. But for now, AUDs strength is tested again at 21DMA like yesterday. So, one has to be cautious at this juncture...

FxWirePro: CAD/JPY forms double top around 85.75, good to sell on rallies
Apr 15, 2016 08:00 am UTC| Technicals
Pattern Formed Double Top Major resistance- 86.10 (Weekly Kijun-Sen) Major support 84.50 (55 day 4H EMA) The pair has once again retreated after making a high of 85.68. It is currently trading around...

FxWirePro: Silver fails to break key resistance at $16.19, intraday bias remains neutral
Apr 15, 2016 07:39 am UTC| Technicals
XAG/USD is currently trading around $16.15 marks. It made intraday high at $16.18 and low at $16.07 levels. Intraday bias remains slightly bearish till the time pair holds immediate resistance level at $16.19...