
FxWirePro: USD/ZAR remains well supported below 12.00 mark, upside limited
Jan 25, 2018 08:48 am UTC| Technicals
USD/ZAR is currently trading around 11.93 levels. It made intraday high at 11.94 and low at 11.83 levels. Intraday bias remains slightly bullish till the time pair holds key support at 11.83 mark. A daily...

Jan 25, 2018 07:40 am UTC| Technicals
EUR/CAD grinds higher along 5-DMA support, intrday bias higher. The pair has edged above minor trendline resistance at 1.5230, but is struggling to extend gains. Price action extends in Rising Wedge pattern and...

FxWirePro: USD/INR breaks key support at 63.48 mark, bias remains slightly bearish
Jan 25, 2018 07:16 am UTC| Technicals
USD/INR is currently trading around 63.49 marks. It made intraday high at 63.49 and low at 63.39 marks. Intraday bias remains bearish till the time pair holds key resistance at 63.72 mark. Key resistances...

FxWirePro: Gold hits 1-1/2 year high, good to buy on dips
Jan 25, 2018 07:00 am UTC| Technicals
Chart Pattern Bearish Divergence (RSI and MACD). Gold has shown a huge jump almost $20 after hitting low of $1324. The yellow metal has broken the high of $1357 high made on Sep 8th 2017. US dollar index has been...

FxWirePro: GBP/AUD consolidates above daily cloud, weakness only on break below 50-DMA
Jan 25, 2018 06:30 am UTC| Technicals
GBP/AUD is trading in an extremely narrow range, intraday bias remains neutral. The pair is consolidating break above daily Ichimoku cloud, scope for further upside. Strong UK labour market data giving the...

FxWirePro: USD/CNY hovers around 6.32 mark, hits lowest level since November 2015
Jan 25, 2018 06:10 am UTC| Technicals
USD/CNY is currently trading around 6.3229 marks. It made intraday high at 6.3649 and low at 6.3215 levels. Intraday bias remains bearish till the time pair holds key resistance at 6.3649 mark. A sustained...

Jan 25, 2018 06:00 am UTC| Technicals
The minor trend of EURUSD manages to break-out above range (refer 4H chart in the rectangular area), consequently, the current prices have spiked above 7SMAs. For now, the upswings are most likely to extend further upon...