
FxWirePro: Gold trades higher on weak US dollar, good to buy on dips
Dec 26, 2017 05:41 am UTC| Technicals
Gold recovers sharply in the previous week from the low of $1252. The yellow metal jumped almost $24 in the previous week. The main reason for jump is due to weakness of US dollar. US dollar shown a minor weakness after...

FxWirePro: AUD/CHF extends bullish gap open, hovers around major trendline resistance at 0.7635
Dec 26, 2017 05:29 am UTC| Technicals
AUD/CHF has opened trade with a bullish gap up in the Asian session as markets open after holidays. The pair is hovering around major trendline resistance at 0.7635, breakout to see further upside. Technical...

FxWirePro: AUD/USD consolidates break above 200-DMA at 0.7692, bias higher, stay long
Dec 26, 2017 04:35 am UTC| Technicals
AUD/USD has shown a decisive break above 200-DMA at 0.7692, bias higher. Technical studies are positive, we now see scope for test of 100-DMA at 0.7781. Price action has pierced into daily cloud and momentum...

FxWirePro:Nikkei trades flat on festive season, good to buy on dips
Dec 26, 2017 03:23 am UTC| Technicals
Nikkei is consolidating in narrow range between 22992 and 22717 for the past three trading session on account of Christmas holidays .The index jumped almost 1200 points from the low of 21802 made on Nov 15th 2017. The...

FxWirePro: Singapore dollar trades flat ahead of CPI, manufacturing output data
Dec 26, 2017 03:18 am UTC| Technicals
USD/SGD is currently trading around 1.3437 marks. It made intraday high at 1.3444 and low at 1.3432 levels. Intraday bias remains neutral till the time pair holds immediate support at 1.3432 mark. A daily...

FxWirePro: Thai baht falls gradually against U.S. dollar, upside limited
Dec 26, 2017 02:38 am UTC| Technicals
USD/THB is currently trading around 32.78 marks. It made intraday high at 32.78 and low at 32.72 marks. Intraday bias remains bullish till the time pair holds key support at 32.72 mark. A daily close below...

FxWirePro: EUR/KRW remains well supported below 1,280 mark, good to sell on rallies
Dec 26, 2017 01:32 am UTC| Technicals
EUR/KRW is currently trading around 1,277 mark. Pair made intraday high at 1,278 and low at 1,275 levels. Intraday bias remains neutral till the time pair holds immediate support at 1,275 mark. A sustained...