
FxWirePro: Silver fails to fall below $15.00 mark, intraday bias remains bullish
Mar 30, 2016 08:32 am UTC| Technicals
XAG/USD is currently trading around $15.40 levels. It made intraday high at $15.42 and low at $15.27 levels. Intraday bias remains bullish for the moment. A daily close below $15.03 will tests key supports...

FxWirePro: South African rand hits fresh 3-month high against US dollar, good to sell on rallies
Mar 30, 2016 08:05 am UTC| Technicals
USD/ZAR is currently trading around 14.9240. It made intraday high at 15.22 and low at 14.89 levels. South Africas rand breaks through 15.0000 marks for first time since late December after Yellens dovish...

FxWirePro: USD/CHF faces strong support at 0.9630, good to buy at dips
Mar 30, 2016 07:55 am UTC| Technicals
Major support 0.9630 (trend line joining 0.91136 and 0.9257) The pair has broken minor support 0.9680 and declined till 0.96432 at the time of writing. It is currently trading around 0.96516. Short term trend is...

FxWirePro: AUD/USD makes noise in 1W OTC contracts - risk reversal still bearish bias
Mar 30, 2016 06:53 am UTC| Technicals
AUD/USD is currently the pair to perceive the highest implied vols among G20 currency space for 1w expiries (more than 14%). Top ranked for 1y tenors as well in G20 space or any EM basket and same is the case with...

NZD/CAD breaks major resistance around 0.8920, targets 0.9000/0.9115
Mar 30, 2016 06:41 am UTC| Technicals
Major resistance 0.8920 The pair has broken major resistance 0.8920 and jumped till 0.8984. It is currently trading around 0.89623. Any indicative break above 0.8920 will take the NZD/CAD to next level around...

Gold faces strong resistance at $1242, break above targets $1258/$1270
Mar 30, 2016 06:40 am UTC| Technicals
Major resistance - $1242 Major support - $1225 (7 W EMA) The commodity has made a high of $1242.80 and slightly retreated from that level. It is currently trading around $1237. Short term trend is weak as...

FxWirePro: AUD/USD struggling to break and sustain resistance at 0.7650 - trade with tunnel spreads
Mar 30, 2016 06:00 am UTC| Technicals
Technical glimpse: AUD/USD hasnt been able to to break resistance at 0.7650 levels quite often in recent times (see weekly charts for inability to take the rallies above 0.7650 from last 2-3 weeks). As a result, last...