FxWirePro: USD/ZAR hits fresh3-month high at 13.82 mark, faces strong resistance at 13.96
Apr 04, 2017 05:44 am UTC| Technicals
USD/ZAR is currently trading around 13.82 levels. It made intraday high at 13.83 and low at 13.61 levels. Intraday bias remains bullish till the time pair holds key support at 13.50 marks. A daily close...
FxWirePro: Gold faces strong resistance at trend line, break above targets $1273
Apr 04, 2017 05:37 am UTC| Technicals
Major resistance - $1259 (trend line joining $1920 and $1795). Major support - $1237 (200- W MA). Gold recovered almost $13 this week and is trading slightly near to previous week high of $1261.It is currently...
FxWirePro: Copper closes below 100-DMA, bias lower, stay short
Apr 04, 2017 05:32 am UTC| Technicals
Copper has shown a decisive close below 100-DMA on Mondays trade, bias remains lower. Copper has been rejected at 50-DMA and is currently extending declines along downward sloping channel. We have evidenced a...
FxWirePro: Silver remains well supported above $18.22 mark, stay bullish
Apr 04, 2017 05:21 am UTC| Technicals
XAG/USD is currently trading around $18.27 marks. It made intraday high at $18.29 and low at $18.22 levels. Intraday bias remains bullish till the time pair holds key support at $18.00 mark. A daily close...
FxWirePro: AUD/USD hits fresh 3-week lows post RBA's status quo, bias lower
Apr 04, 2017 05:02 am UTC| Technicals
The Reserve Bank of Australia maintained status quo and left its key benchmark interest rate unchanged at 1.50% as widely expected. The accompanying statement, however, raise concerned over medium-term economic risks...
Apr 04, 2017 04:51 am UTC| Technicals
The flurry of bearish streaks of EURJPY has now hit fresh lows of 118.0800 levels (while articulating). The pair is forming handle formation adjoining inverse saucer in the major downtrend. Please note that current...
FxWirePro: USD/SGD exhibits range bound movement, bias remains neutral
Apr 04, 2017 03:41 am UTC| Technicals
USD/SGD is currently trading around 1.3971 marks. It made intraday high at 1.3977 and low at 1.3959 levels. Intraday bias remains neutral for the moment. A daily close above 1.4022 will test key resistances...
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