FxWirePro: "Bearish Cypher" on NZD/USD dailies, go short on break below 0.69
Jun 06, 2016 06:41 am UTC| Technicals
NZD/USD gives up some of the NPF led gains amid broad based US dollar rebound, and is trading just above the 0.69 handle. Thin trading on the back of a public holiday in New Zealand further seems to accentuate the...
Jun 06, 2016 06:40 am UTC| Technicals
Technical Inference: Its been quite a lot baffling golds prices when you consider short, medium and long-term trends. Althoughthe precious yellow metal has spiked during early Asian sessions today could not hold onto...
FxWirePro: Go long on XAG/USD only above $16.42 with stop loss at $16.28 and target of $16.90
Jun 06, 2016 06:18 am UTC| Technicals
XAG/USD is currently trading around $16.39 marks. It made intraday high at $16.43 and low at $16.33 levels. Intraday bias remains bullish till the time pair holds key support at $16.11 marks. A daily close...
FxWirePro: EUR/GBP struggles at 0.79 handle after gap-up open, go long on break above
Jun 06, 2016 05:51 am UTC| Technicals
Pound sold-off as latest Brexit polls suggests rising possibilities of the UK voting to leave the EU on June 23 EU referendum. EUR/GBP saw a gap up open and extended upside to hit session highs a four-week high of...
FxWirePro: USD/SGD recovers from fresh monthly low, good to buy on dips
Jun 06, 2016 05:46 am UTC| Technicals
USD/SGD is currently trading around 1.3612 marks. It made intraday high at 1.3625 and low at 1.3558 levels. Intraday bias remains bullish till the time pair holds key support at 1.3554 levels. A daily close...
Gold trades higher on weak US Jobs data, market awaits Fed chairman speech for further direction
Jun 06, 2016 05:32 am UTC| Technicals
Major resistance - $1243 Gold hits two-week high on Friday on account of weaker than expected US Non-farm payroll data. Bullion jumped 2.8% on Friday, its highest percentage gain since Feb 11. U.S economy...
FxWirePro: AUD/USD breaks above 200-DMA, good to buy dips
Jun 06, 2016 05:10 am UTC| Technicals
AUD/USD rides the NFP wave, hit 3-week highs of 0.7368 before paring some gains to currently trade at 0.7330. The pair has broken above 200-DMA at 0.7254 and trades with a majorly bullish bias despite weak MI...
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