FxWirePro: USD/ZAR hovers around fresh monthly high at 14.36, sustained break above targets 14.95
Aug 29, 2016 06:29 am UTC| Technicals
USD/ZAR is currently trading around 14.36 levels. It made intraday high at 14.36 and low at 14.25 levels. Intraday bias remains bullish till the time pair holds key support at 13.88 levels. A daily close...
FxWirePro: AUD/USD breaks below major support at 0.7560, intraday bias lower
Aug 29, 2016 06:16 am UTC| Technicals
AUD/USD has broken major trendline support at 0.7560, we see scope for test of 100-DMA at 0.7498. Data released earlier today showed that New home sales in Australia plunged to a decade-low during the month of...
GBP/JPY breaks major resistance at 134.05, targets 135.25/136
Aug 29, 2016 06:05 am UTC| Technicals
Major support- 133.25 (hourly Kijun-Sen). Major resistance- 134.05 The pair has broken major resistance 134.05 after long time consolidation. GBP/JPY trades higher after Yellen sends hawkish signals in Jackson...
Aug 29, 2016 05:53 am UTC| Technicals
USD/CNY is currently trading around 6.6720 marks. It made intraday high at 6.6850 and low at 6.6670 levels. Intraday bias remains bullish till the time pair holds key support at 6.6510 marks. On the top...
Aug 29, 2016 05:23 am UTC| Technicals
Major support- $1310. Major intraday resistance- $1328 (hourly Kijun-Sen). The yellow metal declined sharply after Fed chairman Janet Yellen hints that there is the possibility of a rate hike in the future. Gold...
FxWirePro: USD/JPY on track to test 50-DMA at 102.74, good to go long on dips
Aug 29, 2016 05:05 am UTC| Technicals
Hawkish comments from Feds Yellen on Friday has triggered broad-based USD rally. USD/JPY open Monday with a 25-pip bullish gap and is trading 0.48 pct higher on the day around 102.23. The pair has broken 20-DMA...
FxWirePro: Indian rupee opens marginally higher at 67.12 per USD, bias remains bullish
Aug 29, 2016 04:53 am UTC| Technicals
USD/INR is currently trading around 67.16 marks. It made intraday high at 67.18 and low at 67.11 marks. Intraday bias remains bullish till the time pair holds immediate support at 66.97 marks. Key...
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