FxWirePro: NZD/JPY holds major support at 77, good to go short on break below
Apr 05, 2017 07:33 am UTC| Technicals
NZD/JPY has broken below 200-DMA at 77.39, but downside is holding major trendline support at 77 levels. Kiwi slightly bid on higher oil prices and Moodys upbeat remarks on New Zealands AAA. Slightly weaker GDT...
FxWirePro: GBP/JPY downside capped by 200 –day MA, good to sell on rallies
Apr 05, 2017 07:21 am UTC| Technicals
Major support 136.98 (200- day MA) Major resistance 140.10 GBPJPY broken the major support at 137.50 low formed on Mar 29th 2017 yesterday and declined till 137.08 level . It is currently trading around...
Apr 05, 2017 07:19 am UTC| Technicals
XAG/USD is currently trading around $18.26 marks. It made intraday high at $18.29 and low at $18.20 levels. Intraday bias remains bullish till the time pair holds key support at $18.17 mark. A daily close...
FxWirePro: AUD/USD holds above 200-DMA at 0.7552, break below to see further downside
Apr 05, 2017 07:01 am UTC| Technicals
Aussie finds some support from mostly resilient commodity prices and dovish RBA largely priced in by markets. The pair has edged higher from a brief dip below 200-DMA at 0.7551. However, bulls struggling to build...
FxWirePro: Gold upside capped by trend line resistance, good to buy on dips
Apr 05, 2017 06:30 am UTC| Technicals
Major resistance - $1261.50 (trend line joining $1920 and $1795). Major support - $1240 (21- day EMA). Gold prices firmed yesterday and hits fresh one week high and is currently trading around $1255. Markets...
FxWirePro: USD/CNY stabilizes above 6.88 mark as China returns to trade after two-day holidays
Apr 05, 2017 06:15 am UTC| Technicals
USD/CNY is currently trading around 6.8873 marks. It made intraday high at 6.8890 and low at 6.8831 levels. Intraday bias remains bullish till the time pair holds key support at 6.8778 mark. A sustained...
Apr 05, 2017 06:11 am UTC| Technicals
Even though GBPAUD rallies have gone above DMAs on daily plotting, themaximum upside potential is seen only upto stiff resistance of 1.6515 levels. Consecutive shooting star patterns have occurred at around 1.6411 and...
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