
Jul 26, 2016 06:43 am UTC| Technicals
The pair has dropped below 7DMA again and amid a major downtrend we spotted out a gravestone doji at 138.944 levels on weekly charts. We are not isolating this signal, both leading and lagging oscillators indicate...

FxWirePro: AUD/JPY edges higher from session low at 78.21, good to go short on rallies
Jul 26, 2016 06:41 am UTC| Technicals
AUD extends slight recovery on the day after being hammered lower last week on expectations of further RBA easing. Australia CPI release on Wednesday would be the key determinant of RBA monetary policy stance on...

Jul 26, 2016 06:29 am UTC| Technicals
Major support 136.60 (21 day MA) GBP/JPY has slightly recovered after making a low of 136.69. It is currently trading around 136.95. On the lower side, any break below 136.60 will drag the pair down till...

FxWirePro: USD/ZAR enjoys range bound market movement, bias remains neutral
Jul 26, 2016 06:25 am UTC| Technicals
USD/ZAR is currently trading around 14.29 levels. It made intraday high at 14.37 and low at 14.25 levels. Intraday bias remains neutral for the moment. A daily close above 14.42 will take the parity higher...

FxWirePro: USD/JPY slumps sharply to hit fresh weekly lows near 104.27, bias lower
Jul 26, 2016 06:00 am UTC| Technicals
Japanese economy minister Ishihara is now crossing the wires via Reuters, noting that, Growth will not improve unless structural reform is implemented; important to take steps on fiscal reform. Japan Govt is...

Jul 26, 2016 05:48 am UTC| Technicals
Pattern formed Double bottom Major resistance - $1324 (trend line joining $1375 and $1333). The yellow metal has made a low of $1312.05 yesterday and slightly jumped from that level. It is currently trading...

FxWirePro: Silver fails to break key support at $19.27 mark, good to buy on dips
Jul 26, 2016 05:18 am UTC| Technicals
XAG/USD is currently trading around $19.57 marks. It made intraday high at $19.66 and low at $19.41 levels. Intraday bias remains bullish till the time pair holds key support at $19.27 levels. A daily close...