Jan 03, 2017 07:02 am UTC| Technicals
AUD/NZD rejected at 1H 100-SMA. We see shooting star formation at highs on hourly charts. Technicals have turned bearish on hourlies. Scope for test of 1H 20-SMA at 1.0363. Break below could see test of...
FxWirePro:GBP/JPY faces major intraday support at 144, good to buy on dips
Jan 03, 2017 06:57 am UTC| Technicals
Major support 144 (200 H MA and Gann fan (2*1) Major resistance 145 The pair has taken support near 200 HMA and jumped slightly from that level. It is currently trading around 144.40. The intraday trend is...
Jan 03, 2017 06:26 am UTC| Technicals
On thedaily chart, despite last three-four days bulls taking support at 1.0350 levels and attempting to bounce, the prices are restrained below 7DMA. Well, considering the broader picture, the downswings have been...
FxWirePro: AUD/NZD holds major support at 1.0330, weakness only on break below
Jan 03, 2017 06:24 am UTC| Technicals
AUD/NZD holds major trendline support at 1.0330 (converged trendlines). We see weakness only on break below. Technical studies are neutral, do not show any conclusive direction for now. The pair is hovering...
FxWirePro: XAG/USD remains well supported above $16.00 mark, upside limited
Jan 03, 2017 06:11 am UTC| Technicals
XAG/USD is currently trading around $16.09 marks. It made intraday high at $16.11 and low at $15.86 levels. Intraday bias remains bullish till the time pair holds key support at $15.86 levels. A daily close...
FxWirePro: JGB Technical Assessment: Momentum: Weekly Bearish
Jan 03, 2017 05:52 am UTC| Technicals
With a break below 150.00, which lead the price to 149.00 followed by 148.00 further out. The pair may stall around the price 150.00. Back above 152.00 will force to revalue. ANALYSIS BIAS 1-Week Objective: down to...
FxWirePro:Gold Intraday trade idea
Jan 03, 2017 05:46 am UTC| Technicals
Intraday trend Bullish (based on linear regression) Minor resistance - $1165 (channel top) Major support - $1139 (200- H MA) Gold made a slight jump from the low of $1149 made yesterday. The yellow metal...
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