Apr 03, 2017 06:53 am UTC| Technicals
On weekly terms, ever since the bears have managed to reject the previous upswings at stiff resistance at 0.7750 levels, the current prices have gone below 7EMA, subsequently, we traced out shooting star candle at 0.7627...
FxWirePro: USD/ZAR hovers around key resistance at 13.48 mark, sustained close above targets 13.75
Apr 03, 2017 06:35 am UTC| Technicals
USD/ZAR is currently trading around 13.45 levels. It made intraday high at 13.46 and low at 13.32 levels. Intraday bias remains bullish till the time pair holds key support at 13.20 marks. A daily close...
FxWirePro: NZD/USD extends grind lower along major trendline resistance, bias lower, stay short
Apr 03, 2017 06:34 am UTC| Technicals
NZD/USD trades with a bearish bias, scope for test of 0.69 ( trendline support). Price action is below daily cloud and major moving averages, technicals also bearish on intraday charts. The pair is struggling to...
FxWirePro: Gold downside capped by 21- day EMA, good to buy on dips
Apr 03, 2017 06:33 am UTC| Technicals
Major resistance - $1260-$1264 (200- day MA and Feb 24th high). Major support - $1237 (21- day EMA). Gold recovered almost $10 from the yesterday low of $1239.80 on account of tepid US economic data. US...
FxWirePro: AUD/USD hovers around 0.76 handle, bias lower, stay short
Apr 03, 2017 05:51 am UTC| Technicals
Aussie dented on worse-than-expected Australian retail sales data, AUD/USD extends its three-day losing streak. Ongoing USD strength and weaker base metal prices likely to keep downside bias intact. Data released...
FxWirePro: Silver trades in narrow range, faces strong resistance at $18.22
Apr 03, 2017 05:31 am UTC| Technicals
XAG/USD is currently trading around $18.18 marks. It made intraday high at $18.23 and low at $18.18 levels. Intraday bias remains neutral till the time pair holds key resistance at $18.22 mark. A daily close...
FxWirePro: EUR/GBP edges higher after gap up open, focus on UK manufacturing PMI data
Apr 03, 2017 05:15 am UTC| Technicals
EUR/GBP retakes 0.85 handle after hitting lows of 0.8481 on Friday. Focus on UK manufacturing data due later today along with the final German and Eurozone manufacturing PMI data. The leading indicator - UK CBI...
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