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FxWirePro: USD/INR hits fresh 2-week low at 66.99, faces strong support at 66.85

Jul 28, 2016 05:18 am UTC| Technicals

USD/INR is currently trading around 67.05 marks. It made intraday high at 67.06 and low at 66.99 marks. Intraday bias remains bearish till the time pair holds immediate resistance at 67.34 marks. Key...

FxWirePro: Momentum studies on NZD/USD bullish, good to go long on dips

Jul 28, 2016 05:05 am UTC| Technicals

NZD/USD is extending upside for the 3rd consecutive session. Techs favour upside, momentum studies are bullish, we see scope for further gains. Pair has bounced off lower Bollinger Band (July 21) and has held...

FxWirePro: USD/JPY slips below 105 handle, bias lower, good to sell on rallies

Jul 28, 2016 04:18 am UTC| Technicals

USD/JPY slips below 105 handle, intraday bias lower. The pair has broken major trendline support at 105.27 on the 4H charts, trades below the 20-SMA. Price action was rejected at highs - hammer formation on 4H,...

FxWirePro: Go long on XAG/USD around $20.20 with stop loss at $20.05 and target of $20.46

Jul 28, 2016 04:11 am UTC| Technicals

XAG/USD is currently trading around $20.23 marks. It made intraday high at $20.33 and low at $20.18 levels. Intraday bias remains bullish till the time pair holds key support at $19.96 levels. A daily close...

FxWirePro: ASX200 faces strong support at 5500, good to buy on dips

Jul 28, 2016 03:01 am UTC| Technicals

Major support - 5530 (4H Kijun-Sen) The index has recovered after making a low of 5544 yesterday. It is currently trading around 5573. Overall trend is bullish as long as the support 5498 (55 4H EMA)...

FxWirePro: Nikkei225 faces strong resistance at 17000, good to buy om dips

Jul 28, 2016 02:43 am UTC| Technicals

Major Support -16240 (Jul 26th low) Major resistance- 17000 ​ Nikkei225 has retreated after making a high of 16835 yesterday .It is currently trading around 16530. Market awaits BOJ monetary policy for...

FxWirePro: AUD/USD finds strong cloud support, intraday bias higher

Jul 28, 2016 02:34 am UTC| Technicals

AUD/USD finds strong support at daily cloud top, trades with a bullish bias in the early Asian session. The pair has edged lower from session high at 0.7529, we see scope for further upside. FOMC statement...

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