FxWirePro: Gold trades flat on account of Christmas holiday, good to sell on rallies
Dec 23, 2016 06:20 am UTC| Technicals
Gold is trading in narrow range between $1122 and $1142 for the past four trading session on account of Christmas holidays. The yellow metal formed a minor top around $1142 and is currently trading around $1130. Gold...
Dec 23, 2016 06:11 am UTC| Technicals
Well, as stated in our previous technical write up, please be noted the price slumps, this isnt a magic or miracle but sheer analysis. The bullish effects have consistently been restrained at 0.7761, and after this...
FxWirePro: AUD/CHF holds 200-DMA support at 0.7375, bias lower, stay short
Dec 23, 2016 05:53 am UTC| Technicals
AUD/CHF extends downside after breaking below major trendline support at 0.7460 and 100-DMA at 0.7464. Price holds 200-DMA support at 0.7375. Break below finds next support at 0.7342 (Sept 30 low). Bearish bias...
FxWirePro: Tumbling iron-ore, copper and oil prices dent Aussie, good to short AUD/USD rallies
Dec 23, 2016 05:07 am UTC| Technicals
Renewed sell-off in commodities prices, particularly iron-ore weighs on Aussie. AUD/USD slumps to hit 7-month lows of 0.7197 overnight after breaching 88.6% Fib at 0.7217. Technical indicators are biased lower,...
FxWirePro:Nikkei225 trades flat on Christmas holidays, good to buy on dips
Dec 23, 2016 03:45 am UTC| Technicals
Nikkei225 is trading in narrow range between 19653 and 19318 on low volumes due to Christmas holiday. The index shown a dip till 19318 and slightly recovered from that level. It is currently trading around 19421 0.03%...
FxWirePro: XAG/USD hovers around $15.80 mark, bias remains slightly bullish
Dec 23, 2016 03:09 am UTC| Technicals
XAG/USD is currently trading around $15.80 marks. It made intraday high at $15.83 and low at $15.74 levels. Intraday bias remains bullish till the time pair holds key support at $15.74 levels. A daily close...
Dec 23, 2016 02:35 am UTC| Technicals
USD/SGD is currently trading around 1.4452 marks. It made intraday high at 1.4512 and low at 1.4427 levels. Intraday bias remains bearish till the time pair holds key resistance at 1.4517marks. A sustained...
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