FxWirePro: AUD/JPY struggles at the 80 handle, bias higher, good to buy dips
Jun 07, 2016 07:23 am UTC| Technicals
AUD/JPY struggles to extend gains above the 80 handle, bias is higher, we see scope for test of 80.85 (trendline). Aussie buoyed after RBA Board decided to leave the cash rate unchanged at 1.75 per cent and sounded...
FxWirePro: Gold tightly holds $1,242 mark, a sustain break below targets $1,225
Jun 07, 2016 07:17 am UTC| Technicals
XAU/USD is currently trading around $1242 marks. It made intraday high at $1246 and low at $1241 marks. Intraday bias remains neutral till the time pair holds key support at $1242 marks. A sustained break...
Jun 07, 2016 07:11 am UTC| Technicals
AUDUSD continues to gain from yesterdays close at 0.7365 levels to the current 0.7436 levels after RBA decides to maintain status quo in its monetary policy, cash rates are unchanged at 1.75%. The bets on probable cuts...
Jun 07, 2016 06:29 am UTC| Technicals
Markets largely ignored New Zealand Treasury Monthly Economic Report for the month of May, NZD/USD briefly slipped below the 0.69 handle. Treasury Report for May noted that data shows economy has grown at a reasonable...
AUD/CHF faces strong resistance at 0.7220, break above targets 0.7320/0.7360
Jun 07, 2016 06:23 am UTC| Technicals
Major resistance 0.7225 (200 4 H MA) The pair has broken the minor resistance at 0.7160 (90 4H EMA) and jumped till 0.72147. It is currently trading around0.72105. Short-term trend is slightly bullish as long as...
FxWirePro: USD/ZAR stabilises above key support at 14.88, good to buy on dips
Jun 07, 2016 06:15 am UTC| Technicals
USD/ZAR is currently trading around 14.9220 levels. It made intraday high at 14.94 and low at 14.88 levels. Intraday bias remains slightly bullish for the moment and downside is limited as 20D, 30D and 55D EMA...
FxWirePro: GBP/JPY faces strong support at 155.70, good to buy at dips
Jun 07, 2016 05:55 am UTC| Technicals
Major support 155.70 (Hourly Kijun-Sen) The pair has declined drastically after making a high of 157.91 at the time of writing. It is currently trading around 156.43. The intraday trend is slightly bullish as...
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