
FxWirePro: XAG/USD jumps above $16.60 mark, faces strong resistance at $16.72 mark
Feb 13, 2018 07:18 am UTC| Technicals
XAG/USD is currently trading around $16.60 marks. It made intraday high at $16.63 and low at $16.50 levels. Intraday bias remains bullish till the time pair holds key support at $16.52 mark. A daily close...

FxWirePro: Sell GBP/JPY on rallies
Feb 13, 2018 06:32 am UTC| Technicals
GBP/JPY continuing its weakness for third consecutive day and declined almost more than 500 pips after recovering till 154.04 on Feb 8th 2018. The pair hits 1-1/2 month low at 148.88 on Feb 9th and is slightly...

FxWirePro: NZD/JPY recovery capped at 79 handle, bias bearish, stay short
Feb 13, 2018 06:30 am UTC| Technicals
NZD/JPY minor recovery attempts have been capped below 79 handle. The pair failed to break above and is currently trading at 78.65 levels, down 0.31% on the day. Dovish rhetoric from the RBNZ that sees interest...

FxWirePro: South African rand trades almost flat on geopolitical worries
Feb 13, 2018 06:22 am UTC| Technicals
USD/ZAR is currently trading around 11.94 levels. It made intraday high at 11.99 and low at 11.87 levels. Intraday bias remains neutral for the moment. A daily close above 12.15 will take the parity...

FxWirePro: EUR/NZD finds strong resistance at 1.7060, good to go long on break above
Feb 13, 2018 06:09 am UTC| Technicals
EUR/NZD has been on a gradual uptrend since January lows of 1.6520. We are seeing a slight correction after the pair hit 2-month highs of 1.7102 (Feb 5th). Downside has held above 20-DMA and we see further...

FxWirePro: Gold trades higher on strong yen, good to buy on dips
Feb 13, 2018 05:32 am UTC| Technicals
Gold has recovered almost $14 yesterday on increasing markets safety concerns. The yellow metal formed a minor bottom at $1306.95 on Feb 8th 2018 and minor weakness only below that level. The commodity breaks the yesterday...

FxWirePro: GBP/AUD pauses downside at 20-DMA (1.7577), break below will see further downside
Feb 13, 2018 05:30 am UTC| Technicals
GBP/AUD has taken support at 20-DMA at 1.7577 and edged higher to currently trade at 1.7597 levels. We see this as a temporary pause and break below 20-DMA will see further weakness. The major is extending...