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...
FxWirePro: Indian rupee appreciates against U.S. dollar, hits highest level since October, 2015
Mar 27, 2017 05:34 am UTC| Technicals
USD/INR is currently trading around 65.05 marks. It made intraday high at 65.34 and low at 65.03 marks. Intraday bias remains bearish till the time pair holds key resistance at 65.48 marks. Key resistances...
Mar 27, 2017 04:56 am UTC| Technicals
On daily charts, gap up opening is seen at 1.0833 levels to break out a stiff resistance at 1.0810 levels, the sustenance above these levels would drag the rallies upto 1.0950 levels (next immediate resistance...
FxWirePro: USD/JPY hits fresh 4-month lows amid risk-off, bias lower, good to sell rallies
Mar 27, 2017 04:56 am UTC| Technicals
USD/JPY price action dips into weekly cloud, bias remains lower. Bears remain in control amid risk-aversion, as treasury yields and equities are sold-off into unwinding of the Trump trade, after Fridays Healthcare...
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