
FxWirePro: EUR/AUD holds 50-DMA support at 1.5342, good to go short on break below
Dec 18, 2017 06:54 am UTC| Technicals
EUR/AUD is trading in a narrow range, with a days high at 1.5379 and low at 1.5344. The pair is holding strong support at 50-DMA at 1.5342, break below to see further weakness. Technical studies are bearish. RSI...

FxWirePro: USD/INR faces high volatility on India’s election results
Dec 18, 2017 06:34 am UTC| Technicals
USD/INR is currently trading around 64.10 marks. It made intraday high at 64.67 and low at 63.91 marks. Intraday bias remains slightly bullish till the time pair holds key support at 63.90 mark. Key...

FxWirePro: AUD/CAD breaks channel top, eyes 200-DMA at 0.9942
Dec 18, 2017 06:12 am UTC| Technicals
AUD/CAD has shown break above slopping channel top at 0.9835, bias higher. Momentum studies on daily charts are bullish, RSI is strong above 50 levels and gaining traction. Technical studies on weekly charts also...

FxWirePro: Gold trade flat holiday mood starts, good to go long above $1262
Dec 18, 2017 05:54 am UTC| Technicals
Gold is trading flat after showing a good $25 jump in previous week on account of slightly dovish Fed.US tax bill has minor impact on US dollar as holiday week starts. The yellow metal jumped till $1261.69 and it is...

Dec 18, 2017 05:29 am UTC| Technicals
Shooting stars have occurred at 0.7828 and 0.7678 levels on monthly and daily plotting respectively. Hanging man on 0.7670 levels on the daily chart. Consequently, the prices have begun plummeting. For now, the current...

FxWirePro: GBP/NZD breaks 50-DMA support at 1.9119, bias lower, stay short
Dec 18, 2017 05:28 am UTC| Technicals
GBP/NZD has shown a break below 50-DMA at 1.9119, bias lower. Pound remains weak as Brexit negotiations proceed to next stage - regarding trade and the transition period. The pair is trading in an extremely...

FxWirePro: AUD/JPY consolidates break above 200-DMA, bias higher, stay long
Dec 18, 2017 05:03 am UTC| Technicals
AUD/JPY resumes upside after brief pause on Fridays trade, intraday bias higher. Technical studies support upside in the pair. RSI and Stochs are biased higher. Momentum studies bullish and we see +ve DMI...