
FxWirePro: CAD/JPY downside capped by 23.6% fibo, good to buy on dips
Sep 27, 2017 07:35 am UTC| Technicals
CAD/JPY has recovered sharply from the low of 90.06 yesterday on account of strong crude oil prices. The pair jumped till 91.10 yesterday and is currently trading around 91.07. US crude oil has shown a minor recovery...

Sep 27, 2017 06:57 am UTC| Technicals
XAG/USD is currently trading around $16.80 marks. It made intraday high at $16.86 and low at $16.77 levels. Intraday bias remains neutral till the time pair holds key support at $16.76 mark. A daily close...

FxWirePro: EUR/CAD trades in narrow range, holds above 200-DMA support at 1.4526
Sep 27, 2017 06:51 am UTC| Technicals
EUR/CAD extends drift between 50 and 200 day moving averages, breakout will provide clear steer to the pair. The pair is trading in a symmetric triangle pattern, intraday bias bearish. The pair is trading in a...

FxWirePro: Gold declines sharply on strong US dollar, good to sell on rallies
Sep 27, 2017 06:17 am UTC| Technicals
Gold prices declined sharply after making a high of $1313.40 yesterday. The yellow metal has once again broken psychological support at $1300 and declined till $1290 on account of strong US dollar. It is currently trading...

FxWirePro: AUD/USD dips into daily cloud, eyes 100-DMA at 0.7744, stay short
Sep 27, 2017 06:16 am UTC| Technicals
AUD/USD price action has dipped into daily cloud, extends downside after breach at 50-DMA. Technical studies are heavily bearish, scope for test of 100-DMA at 0.7744. The pair is extending downside for 3...

FxWirePro: USD/CNY trades in narrow range, PBOC sets yuan mid-point at 6.6192
Sep 27, 2017 06:01 am UTC| Technicals
USD/CNY is currently trading around 6.6384 marks. It made intraday high at 6.6413 and low at 6.6295 levels. Intraday bias remains slightly bullish for the moment. A sustained close above 6.6370 marks will...

FxWirePro: AUD/JPY pauses downside at 23.6% Fib, bias lower, stay short
Sep 27, 2017 05:38 am UTC| Technicals
AUD/JPY is extending downside for 5th successive session, intraday bias lower. The pair has paused downside at 23.6% Fib retracement of 81.486 to 90.304 rally at 88.22. Break below will see extension of downside....