FxWirePro: Silver fails to sustain above $16.51, faces strong support at $16.32
Jun 07, 2016 05:50 am UTC| Technicals
XAG/USD is currently trading around $16.33 marks. It made intraday high at $16.46 and low at $16.31 levels. Intraday bias remains bearish till the time pair holds key support at $16.32 marks. A daily close...
FxWirePro: RBA on hold, AUD/USD hits new monthly high of 0.7426
Jun 07, 2016 05:30 am UTC| Technicals
RBA Board decided to leave the cash rate unchanged at 1.75 per cent. In the statement that followed the board noted that policy would be consistent with sustainable growth in the economy and inflation returning to...
FxWirePro: EUR/AUD breaks major support at 1.5355, on track to test 100-DMA at 1.5192
Jun 07, 2016 05:08 am UTC| Technicals
EUR/AUD has broken major trendline support at 1.5355 and is currently trading around 1.53 levels as Aussie spiked post-RBA decision. RBA Board decided to leave the cash rate unchanged at 1.75 per cent, noting that...
FxWirePro: Gold trades higher on easing Fed rate hike hopes, good to buy at dips
Jun 07, 2016 05:01 am UTC| Technicals
Gold is consolidating in a narrow range between $1248 and $1239 after a massive jump on Friday. The Bullion is currently trading at $1243 level. The precious metal has outperformed all other asset classes at the start...
FxWirePro: USD/INR opens lower at 66.78, RBI policy decision in focus
Jun 07, 2016 04:53 am UTC| Technicals
USD/INR is currently trading around 66.87. It made intraday high at 66.94 and low at 66.78 marks. Intraday bias remains neutral for the moment. A sustained close below 66.77 will tests key supports at 66.56,...
FxWirePro: AUD/USD trades tight range, holds above 100-DMA ahead of RBA
Jun 07, 2016 04:22 am UTC| Technicals
AUD/USD tight range in the mid-Asian session, traders wary heading into the RBA policy decision due shortly. The pair has broken above 200-DMA at 0.7254 post poor NFP data last Friday and trades with a majorly bullish...
FxWirePro: USD/JPY remains well supported above 107.00 mark, faces strong resistance at 107.82
Jun 07, 2016 03:03 am UTC| Technicals
USD/JPY is currently trading around 107.71 marks. It made intraday high at 107.82 and low at 107.22 levels. Intraday bias remains neutral till the time pair holds key resistance at 107.82 marks. A daily...
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