FxWirePro: GBP/JPY trades weak, good to sell on rallies
Nov 09, 2016 06:39 am UTC| Technicals
Major resistance -130.82 (55- day EMA) Major support 126.40 (trend line joining 125.91 and 126.12). GBP/JPYhas declined sharply from the high of 130.35 as yen rises against all major pairs as Trump leads in the...
FxWirePro: Silver hits fresh 5-week high at $18.97 mark, faces strong resistance at $19.29 mark
Nov 09, 2016 06:20 am UTC| Technicals
XAG/USD is currently trading around $18.97 marks. It made intraday high at $18.97 and low at $17.99 levels. Intraday bias remains bullish till the time pair holds immediate support at $18.72 marks. A daily...
FxWirePro: AUD/USD holds 100-DMA support at 0.7587, break below could see further drag
Nov 09, 2016 05:47 am UTC| Technicals
AUD/USD was down over 2% on the day, but has recovered from session lows at 0.7579 to currently trade around 0.7618 levels. Heightened prospects of Trump victory triggered a wave of risk aversion across markets...
FxWirePro:EUR/USD trades higher, good to buy on dips
Nov 09, 2016 05:33 am UTC| Technicals
Major resistance 1.12000 (trend line joining 1.16130 and 1.13660) . Major support 1.1178 (200- day MA) . EUR/USDbreaks major trend line resistance at 1.1200 and jumped till 1.12835 on account of Trump leading...
Nov 09, 2016 05:19 am UTC| Technicals
USD/INR is currently trading around 66.86 marks. It made intraday high at 66.87 and low at 66.10 marks. Intraday bias remains bullish till the time pair holds immediate support at 66.28 marks. Key...
FxWirePro: AUD/JPY sinks, down over 5 pct on Trump-led risk-off, short rallies for 76
Nov 09, 2016 04:56 am UTC| Technicals
AUD/JPY, considered a risk-gauge dived over 5% from days highs of 81.92 to as low as 76.95. Markets continue to fear a Trump presidency. The pair has fallen below all major moving averages. We would advise a...
FxWirePro:Gold trades higher as Trump leads US election race,buy on dips
Nov 09, 2016 03:29 am UTC| Technicals
Gold jumped drastically till $1313.60 as Trump leads US presidential race. The yellow metal breaks psychological level $1300 as fresh data suggests that Donald Trump was leading in 129 electoral votes against Clinton 97...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects