FxWirePro: XAG/USD hits fresh 2-month high at $17.05 mark, bias remains bullish
Aug 10, 2017 07:52 am UTC| Technicals
XAG/USD is currently trading around $16.99 marks. It made intraday high at $17.05 and low at $16.84 levels. Intraday bias remains bullish for the moment. A daily close above $16.92 will test key resistances...
FxWirePro: AUD/NZD breaks major resistance at 1.0830, bias higher, stay long
Aug 10, 2017 07:21 am UTC| Technicals
AUD/NZD retraces dip towards 20-DMA and spikes higher as Kiwi slumps on RBNZ jawboning. Looming North Korea risks continue to keep the investors on the edge and denting higher yielding currencies. Aussie remained...
FxWirePro: USD/ZAR hovers around 13.50 mark, good to buy on dips
Aug 10, 2017 07:10 am UTC| Technicals
USD/ZAR is currently trading around 13.47 levels. It made intraday high at 13.47 and low at 13.40 levels. Intraday bias remains bullish till the time pair holds key support at 13.34 mark. A daily close...
FxWirePro: GBP/JPY upside capped by 89- day EMA, good to sell on rallies
Aug 10, 2017 07:08 am UTC| Technicals
Major intraday resistance- 143.55-143.65 (23.6% retracement and 89 EMA). The pair is declining phase and has broken major support of 144 low made on Jul 21st 2017. GBP/JPY declined till 142.27 and it is currently...
FxWirePro: EUR/CAD finds stiff resistance at 1.4975, break above to see further upside
Aug 10, 2017 06:52 am UTC| Technicals
EUR/CAD is trading a symmetric triangle pattern, finds stiff resistance at 1.4975. The pair is trading a narrow range on the day, holds above 5-DMA at 1.4916. Break below 5-DMA would find next major support at...
FxWirePro: Chinese yuan rises gradually against U.S. dollar, PBOC sets yuan mid-point at 6.6770
Aug 10, 2017 06:29 am UTC| Technicals
USD/CNY is currently trading around 6.6680 marks. It made intraday high at 6.6719 and low at 6.6524 levels. Intraday bias remains bearish till the time pair holds key resistance at 6.7055 mark. A sustained...
FxWirePro: Gold trades higher on safe haven demand, good to buy on dips
Aug 10, 2017 06:19 am UTC| Technicals
Gold gained more than 1.5% yesterday on renewed geopolitical tensions on the Korean peninsula hit risk sentiment. The yellow metal jumped almost $18 from the yesterday low. It is currently trading around $1277. China...
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