Sep 22, 2016 06:10 am UTC| Technicals
The pair began dipping consistently from this weeks highs of 74.884 levels to the current 73.581 levels, thats where it has struggled to hold onto the bull swings and appeared shooting star pattern candle. Bears have again...
FXWirePro: Gold trades slightly above 21- day MA, good to buy on dips
Sep 22, 2016 05:59 am UTC| Technicals
Major Support - $1305 (100- day EMA) Major intraday resistance -$1342 (61.8% retracement of $1367.30 and $1302.50) The yellow metal hits highest level since Sep 9th after US Fed kept its interest rates unchanged...
FxWirePro: USD/ZAR hits fresh 4-week low at 13.53, bias remains bearish
Sep 22, 2016 05:33 am UTC| Technicals
USD/ZAR is currently trading around 13.55 levels. It made intraday high at 13.58 and low at 13.53 levels. Intraday bias remains bearish till the time pair holds major resistance at 14.02 levels. A daily...
FxWirePro: AUD/NZD breaks major trendline resistance, good to go long on dips
Sep 22, 2016 05:05 am UTC| Technicals
Upbeat comments from new RBA governor Lowe, in his testimony before the parliament support the Aussie. Broad-based commodities rally also buoyed the sentiment around the resource-linked currency. On the other...
FxWirePro: USD/INR stabilizes around key support at 66.82, good to buy on dips
Sep 22, 2016 04:44 am UTC| Technicals
USD/INR is currently trading around 66.88 marks. It made intraday high at 66.92 and low at 66.85 marks. Intraday bias remains bullish till the time pair holds immediate support at 66.72 marks. Key...
FxWirePro: AUD/USD upside halts at 61.8% Fib, break above targets trendline at 0.7710
Sep 22, 2016 04:34 am UTC| Technicals
AUD/USD spikes past 20-DMA resistance which was capping upside in the pair. The major hovers around 61.8% Fib (0.7760 to 0.7442 fall) at 0.7638, break above likely to target major trendline resistance at...
FxWirePro: NZD/USD spike post-RBNZ short lived, pares gains to trade largely muted, bias higher
Sep 22, 2016 04:08 am UTC| Technicals
RBNZ left its official cash rate (OCR) unchanged at 2.00% as widely expected. In the statement, the c.bank noted that a decline in NZD is needed and added that further easing will be required. Comments from...
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