FxWirePro: Go long on XAG/USD above $17.02, with stop loss 16.88 and target of $17.21
Apr 25, 2016 05:49 am UTC| Technicals
XAG/USD is currently trading around $17.01 marks. It made intraday high at $17.02 and low at $16.85 levels. Intraday bias remains bullish till the time pair holds immediate support level at $16.85 marks. On...
Apr 25, 2016 05:46 am UTC| Technicals
Aussie dollars continues streak of Bull Run against Kiwi dollar has come into halt at around 1.1243 and 1.1264 levels. That is where back-to-back Long legged Dojis and Shooting Star patterns occurred at 1.1247 and...
FxWirePro: NZD/CAD breaks major support 0.8750, good to sell on rallies
Apr 25, 2016 05:26 am UTC| Technicals
Potential Reversal Zone (PRPZ)- 0.8750 NZD/CAD has broken major support 0.8750 and declined till 0.8650 .It is currently trading around 0.8690. The pairs major intraday resistance is around 0.8730 (4H Tenken-Sen)...
FxWirePro: Swedish krona falls ahead of employment data, good to buy on dips
Apr 25, 2016 05:21 am UTC| Technicals
EUR/SEK is currently trading around 9.1670 levels. It made intraday high at 9.1685 and low at 9.1322 levels. Intraday bias remains bullish for the moment. A daily close below 9.1492 will tests key supports...
FxWirePro: AUD/JPY rejected at strong trendline resistance at 86.22, good to sell rallies
Apr 25, 2016 05:17 am UTC| Technicals
AUD/JPY extended upside on negative yen fundamentals, but upside was capped at strong trendline resistance at 86.22. Markets nervous ahead of key central banks events along with a fresh batch of economic data lined up...
FxWirePro: AUD/USD struggles at 0.77 handle, good to sell rallies
Apr 25, 2016 04:46 am UTC| Technicals
AUD/USD is attempts to retake the 0.77 handle after hitting lows of 0.7691, but bears more dominant. Pair is struggling to extend gains beyond the 0.77 handle, downside likely to extend. The major has broken...
FxWirePro: Indian rupee hits fresh 2 –week low against US dollar, good to buy on dips
Apr 25, 2016 04:21 am UTC| Technicals
USD/INR is currently trading at 66.70 marks. It made intraday high at 66.71 and low at 66.65 levels. Intraday bias remains bullish till the time pair holds key support at 66.47 marks. A daily close below...
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