
FxWirePro: Gold trades lower on weak US dollar, good to sell on rallies
Apr 04, 2018 08:39 am UTC| Technicals
Gold has declined almost $14 yesterday after a good recovery till $1344.75 on Monday. The major reason for decline is due to slight bullishness in US dollar index. But downside is limited as trade war worries increased...

FxWirePro: USD/ZAR exhibits range bound movement, faces strong support at 11.92 mark
Apr 04, 2018 07:18 am UTC| Technicals
USD/ZAR is currently trading around 11.85 levels. It made intraday high at 11.85 and low at 11.79 levels. Intraday bias remains slightly bullish till the time pair holds key support at 11.70 mark. A daily...

FxWirePro: NZD/USD breaks strong resistance at 0.7265, good to go long on dips
Apr 04, 2018 06:49 am UTC| Technicals
NZD/USD edges lower from session highs at 0.7296, intraday bias higher. The pair has broken strong trendline resistance at 0.7265 and 200 SMA at 0.7272 on the 4H charts. Price is extending gains for 2nd...

Apr 04, 2018 06:39 am UTC| Technicals Insights & Views
Chart and candlestick patterns formed- hammer patterns occurred at 130.246 and 130.182 levels while hanging man patterns have occurred at 130.797 and 130.831 levels on the 4H chart, and at 135.394 levels on monthly...

FxWirePro: EUR/AUD holds 20-DMA support, break below to see further weakness
Apr 04, 2018 06:12 am UTC| Technicals
EUR/AUD holds support at 20-DMA at 1.5920, break below will accentuate weakness. Technical indicators are biased lower. RSI and Stochs have rolled over from overbought levels. MACD is showing a bearish crossover...

FxWirePro: Indian rupee trades almost flat against U.S. dollar, good to sell on rallies
Apr 04, 2018 05:59 am UTC| Technicals
USD/INR is currently trading around 64.84 marks. It made intraday high at 64.86 and low at 64.84 marks. Intraday bias remains bearish till the time pair holds key resistance at 65.02 mark. Key resistances...

FxWirePro: Nikkei Daily Outlook
Apr 04, 2018 05:54 am UTC| Technicals
Nikkei has once again declined after a minor recovery till 21529. The index dipped almost 300 points and shown a minor recovery on weak yen. The index upside will be capped due to escalation of trade war between US and...