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FxWirePro: XAG/USD moves in stiff boundaries, stay bearish

Feb 09, 2018 08:18 am UTC| Technicals

XAG/USD is currently trading around $16.35 marks. It made intraday high at $16.43 and low at $16.34 levels. Intraday bias remains neutral till the time pair holds key resistance at $16.50 mark. A daily close...

FxWirePro: AUD/CAD hovers around 100-DMA at 0.9797, break below to see further weakness

Feb 09, 2018 08:14 am UTC| Technicals

The pair has broken major trendline support at 0.9825, is currently struggling to break below strong support at 100-DMA at 0.9797. Weakness in crude oil prices weighing on the CAD, supporting upside in the...

FxWirePro: EUR/NOK unexpectedly spikes up to 9.78 mark after Norway’s CPI, GDP data

Feb 09, 2018 07:17 am UTC| Technicals

EUR/NOK is currently trading at 9.7580 levels. It made intraday high at 9.7836 and low at 9.6824 levels. Intraday bias remains bullish till the time pair holds key support at 9.7025 marks. A sustained break...

FxWirePro: Gold recovers slightly on safe haven demand, good to buy on dips

Feb 09, 2018 07:06 am UTC| Technicals

Gold has been highly volatile yesterday after hitting low of $1306. The yellow metal was fluctuating more than $15 on either side. The commodity jumped till $1322.50 yesterday. It is current trading around...

FxWirePro: NZD/JPY holds support at Ichi cloud, bias lower, break below to see resumption of weakness

Feb 09, 2018 07:00 am UTC| Technicals

NZD/JPY extends downside in Bearish Cypher pattern, pauses downside at cloud base. Technical indicators are bearish. Break below 61.8% Fib will see further weakness. RSI and Stochs are biased lower. MACD supports...

FxWirePro: USD/CNY trades in narrow range after China’s CPI, PPI data

Feb 09, 2018 06:50 am UTC| Technicals

USD/CNY is currently trading around 6.3214 marks. It made intraday high at 6.3315 and low at 6.3156 levels. Intraday bias remains neutral for the moment. A sustained close above 6.3221 marks will test key...

FxWirePro: AUD/USD on track to test 200-DMA at 0.7752, weakness could accentuate on break below

Feb 09, 2018 06:38 am UTC| Technicals

AUD/USD downside holds just above 200-DMA at 0.7752, bias still bearish. The pair hit 5-week lows of 0.7759 before paring some losses to currently trade at 0.7772 levels. Price has broken support at 50% Fib at...

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