FxWirePro: GBP/AUD breaks above 20-DMA at 1.6336, eyes channel top at 1.6515
Aug 31, 2017 06:35 am UTC| Technicals
GBP/AUD breaks above 20-DMA at 1.6336, intraday bias higher. Aussie ignores upbeat Capex number released earlier today. Australia private Capex rose 0.8% in Q2, beating estimates of 0.3%. Technical indicators...
FxWirePro: USD/INR hovers around 64.00 mark, sustained close above requires for upside rally
Aug 31, 2017 06:19 am UTC| Technicals
USD/INR is currently trading around 64.01 marks. It made intraday high at 64.03 and low at 63.97 marks. Intraday bias remains neutral till the time pair holds key support at 64.00 marks. Key resistances are...
FxWirePro: Silver Gold ratio at 3 year low, sliver likely to outperform Gold in near term
Aug 31, 2017 06:14 am UTC| Technicals
Gold has shown a slight profit booking after hitting an 11-month high as dollar pared some of its losses on better than expected US economic data. But downside is limited due to political uncertainty. The yellow metal...
Aug 31, 2017 06:13 am UTC| Technicals
Bulls gain traction after hammer formation at 128.4400 levels, consequently, the current prices have gone well beyond DMAs. For now, shooting star candle pattern has occurred at peaks of 131.1070 levels that may get you...
FxWirePro: USD/SGD remains well supported below 1.36 mark, good to sell on rallies
Aug 31, 2017 05:34 am UTC| Technicals
USD/SGD is currently trading around 1.3584 marks. It made intraday high at 1.3594 and low at 1.3570 levels. Intraday bias remains neutral till the time pair holds key resistance at 1.3622 mark . A daily close...
FxWirePro: Nikkei trades higher on weaker yen, good to buy on dips
Aug 31, 2017 05:23 am UTC| Technicals
Nikkei has shown huge rebound after hitting 4- month low at 19144 on Aug 28th 2017 after North Korea fears eased. The index recovered till 19681 at the time of writing. The slight jump in Nikkei was also due to slight...
FxWirePro: NZD/USD breaks 100-DMA support, hits 2-month lows at 0.7163, bias lower
Aug 31, 2017 05:17 am UTC| Technicals
Kiwi fails to sustain gains, slips lower overnight on robust U.S. data to close below 0.72 handle. The pair has hit 2-month lows at 0.7163 and intraday bias remains bearish. RBNZ Wheelers jawboning the NZD,...
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