FxWirePro: GBP/NZD faces strong support at 1.7270, good to sell on rallies
Jan 27, 2017 07:24 am UTC| Technicals
Major support 1.7270 (Jan 25th low). Major resistance 1.7420 GBP/NZD formed a temporary top around 1.7420 and started to decline from that level. It is currently trading around 1.73145. The decline from...
FxWirePro: AUD/CAD pivotal around 200-DMA at 0.9826, break below to accentuate weakness
Jan 27, 2017 07:16 am UTC| Technicals
AUD/CAD halts 5 consecutive days of losses, takes support by double bottom at 0.9851 (Dec 1, Jan 18). The pair edged higher to hit 0.9884, but was rejected at session highs, slips lower to currently trade at 0.9868....
FxWirePro: USD/ZAR rejects key support at 13.19 mark, bias turns bullish again
Jan 27, 2017 06:41 am UTC| Technicals
USD/ZAR is currently trading around 13.44 levels. It made intraday high at 13.47 and low at 13.33 levels. Intraday bias remains bullish till the time pair holds key support at 13.19 mark. A daily close...
FxWirePro: USD/JPY breaks major trendline resistance at 114.25, good to long dips
Jan 27, 2017 06:34 am UTC| Technicals
USD/JPY has broken major trendline resistance at 114.25, bias higher. The pair finds stiff resistance upto 115.15 levels, breakout above will confirm upside. Technical studies are bullish. Stochs have rolled over...
FxWirePro: Gold breaks 21- DMA, decline till $1170 likely
Jan 27, 2017 05:54 am UTC| Technicals
Major support - $1187 (21- day MA). Major resistance - $1220 (100- day EMA) The yellow metal has broken major support at 21- day MA and declined till $1183.12 at the time of writing. It is currently trading...
FxWirePro: USD/INR breaks key resistance at 68.22, stay bullish
Jan 27, 2017 05:52 am UTC| Technicals
USD/INR is currently trading around 68.21 marks. It made intraday high at 68.26 and low at 68.19 marks. Intraday bias remains neutral till the time pair holds key support at 67.99 marks. Key resistances are...
FxWirePro: EUR/JPY holds 50-DMA support, bias higher, stay long
Jan 27, 2017 05:30 am UTC| Technicals
EUR/JPY has bounced off 50-DMA support at 121.63 on Thursdays trade. Below 50-DMA, the pair finds next strong support by daily cloud at 121.49, weakness only on break below. The pair is extending gains on the...
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