FxWirePro: South African rand hits highest level since July 2015
Mar 27, 2017 08:23 am UTC| Technicals
USD/ZAR is currently trading around 12.36 levels. It made intraday high at 12.42 and low at 12.30 levels. Intraday bias remains bearish till the time pair holds key resistance at 12.60 marks. A daily...
FxWirePro: USD/CNY hits fresh 4-week low at 6.8680, PBOC sets yuan mid-point at 6.8701
Mar 27, 2017 07:42 am UTC| Technicals
USD/CNY is currently trading around 6.8754 marks. It made intraday high at 6.8836 and low at 6.8680 levels. Intraday bias remains bearish till the time pair holds key resistance at 6.8915 mark. A sustained...
FxWirePro: EUR/JPY holds major trendline support at 119.45, good to short break below
Mar 27, 2017 07:14 am UTC| Technicals
EUR/JPY is holding strong support at major trendline support at 119.45. Upside finds stiff resistance by 5-DMA at 120.05, we see reversal only on close above. Technical studies remain highly bearish, we see scope...
FxWirePro: Copper breaks below 100-DMA, good to go short on close below
Mar 27, 2017 06:18 am UTC| Technicals
Copper edges lower as the end of a strike at the worlds largest copper mine (in Chile) eased supply worries. Price action below daily cloud, we have seen a break below 100-DMA (2.6123). Momentum studies are...
FxWirePro: Silver hits fresh 3-week high at $17.86 mark, faces immediate resistance at $17.92
Mar 27, 2017 06:17 am UTC| Technicals
XAG/USD is currently trading around $17.85 marks. It made intraday high at $17.86 and low at $17.72 levels. Intraday bias remains bullish till the time pair holds key support at $17.48 mark. A daily close...
FxWirerPro: Gold hits one month high after Trumpcare failure, good to buy on dips
Mar 27, 2017 05:58 am UTC| Technicals
Major resistance - $1260 (200- day MA). Gold hits one month high after Trump healthcare flop. The yellow jumped slightly above $1250 till $1258.08 and is currently trading around $1256.97. DXY tumbles to 1-1/2...
FxWirePro: AUD/USD struggles at 50-DMA, good to go short on break below
Mar 27, 2017 05:36 am UTC| Technicals
AUD/USD edges higher from session lows at 0.7614 after Aussie buoyed by strong Chinas industrial profits data. Data released earlier today showed Chinas industrial profits rose a combined 31.5% in January and February...
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