FxWirePro: USD/KRW bulls and bear bet on breach below EMAs and DMAs, major trend still on seesaw
Nov 08, 2016 09:45 am UTC| Technicals Insights & Views
Although, USDKRW has declined today from the highs of 1141.50, remained well supported at 21-DMAs or at 1133.90 levels on daily terms. Leading oscillators converge to the ongoing dips that signals the strength and...
FxWirePro: USD/CAD upside capped below 1.34000, good to sell on rallies
Nov 08, 2016 09:35 am UTC| Technicals
Major resistance- 1.34000 USD/CAD has jumped after making a low of 1.3361 yesterday. It is currently trading around 1.33536. Loonie upside is capped by 1.4000 on account of US elections. The pair jumped till...
FxWirePro: Silver erases previous loss against U.S. dollar, jumps above $18.30 mark
Nov 08, 2016 08:25 am UTC| Technicals
XAG/USD is currently trading around $18.30 marks. It made intraday high at $18.33 and low at $18.16 levels. Intraday bias remains bearish till the time pair holds immediate resistance at $18.42 marks. A...
FxWirePro: AUD/JPY holds break above 200-DMA, bias higher, stay long
Nov 08, 2016 08:24 am UTC| Technicals
AUD/JPY is consolidating at fresh 4-month highs of 80.78 hit on Monday. The pair has shown a clear breakout above 200-DMA and we scope for further upside. Technical indicators on daily charts are slightly...
FxWirePRO:AUD/CHF downside capped by 100- day MA, good to sell on rallies
Nov 08, 2016 07:39 am UTC| Technicals
AUD/CHF has formed a temporary top around 0.76650 and started to fall sharply from that level. It is currently trading around 0.75035. The pair has taken support near 100 day MA and started to jump slightly from that...
FxWirePro: USD/CNY jumps above 6.78 mark, PBOC sets yuan mid-point at 6.7817
Nov 08, 2016 07:08 am UTC| Technicals
USD/CNY is currently trading around 6.7781 marks. It made intraday high at 6.7809 and low at 6.7740 levels. Intraday bias remains bullish till the time pair holds key support at 6.7540 marks. On the top...
FxWirePro: EUR/AUD bounce lacks traction, good to sell rallies
Nov 08, 2016 07:05 am UTC| Technicals
EUR/AUD attempts recovery from fresh 2-week lows of 1.4283. Upside finds stiff resistance by 20-DMA at 1.4383, bearish invalidation only on decisive breakout above. Our previous call...
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