FxWirePro: AUD/NZD struggles at 100-DMA, bias lower
Nov 08, 2016 06:30 am UTC| Technicals
AUD/NZD bounced off major trendline support at 1.0420 on Mondays trade. The pair re-took 50-DMA currently at 1.0505, but upside lacks traction. 520-day moving averages are biased lower, we see further downside in...
FxWirePro: Gold faces strong resistance at 200- day MA, good to sell on rallies
Nov 08, 2016 05:58 am UTC| Technicals
Major resistance- $1310 (61.8% retracement of $1352.57 and $1241.50) Major Support - $1278 (200- day MA) The yellow metal declined sharply yesterday after increasing prospects of Hillary winning U.S elections ....
FxWirePro: USD/JPY trades tight range as markets cautious ahead of US election outcome
Nov 08, 2016 05:30 am UTC| Technicals
Caution across markets ahead of the outcome of the US elections later today. USD/JPY snapped atwo-day winning streak, remains subdued, trading in a narrow range. Our previous call...
FxWirePro: USD/THB exhibits range bound movement, bias remains neutral
Nov 08, 2016 05:30 am UTC| Technicals
USD/THB is currently trading around 34.95 marks. It made intraday high at 35.00 and low at 34.94 marks. Intraday bias remains bearish till the time pair holds key resistance at 35.08 marks. On the top side...
FxWirePro: AUD/USD rejected at major resistance 0.7730, holds 5-DMA support, bias higher
Nov 08, 2016 05:12 am UTC| Technicals
AUD/USD edges lower after rejection a major trendline resistance at 0.7730. The pair has taken support at 5-DMA currently at 0.7689, weakness only on break below. Techs support upside in the pair, break above...
FxWirePro: USD/INR hits fresh 2-week low at 66.66 mark, consistent break below targets 66.42
Nov 08, 2016 04:49 am UTC| Technicals
USD/INR is currently trading around 66.68 marks. It made intraday high at 66.74 and low at 66.66 marks. Intraday bias remains bearish till the time pair holds immediate resistance at 66.78 marks. Key...
FxWirePro:ASX200 faces strong resistance at 200- day MA, good to buy on dips
Nov 08, 2016 03:14 am UTC| Technicals
Major support - 5150 (Sep 13th 2016 low) Major resistance - 5275 (200- day MA). The index jumped sharply till 5276 from the low of 5140 made yesterday on increasing hopes of Clinton victory in U.S Presidential...
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