
Dec 14, 2017 09:07 am UTC| Technicals
Major support 12800. DAX has shown a minor recovery from the low of 12811 made on Dec 1st 2017. The index hits fresh 2-1/2 years high at 13534 at Nov 7th 2017 and is consolidating within narrow range from that level....

FxWirePro: GBP/NZD struggles to close below 50-DMA at 1.9090, weakness only on decisive break below
Dec 14, 2017 08:28 am UTC| Technicals
GBP/NZD fails to close below 50-DMA at 1.9091, we see further weakness only on decisive break below. The pound sterling remains supported ahead of Nov retail sales data and BoE decision. An upbeat reading could...

FxWirePro: XAG/USD remains well supported above $16.00 mark, upside limited
Dec 14, 2017 08:21 am UTC| Technicals
XAG/USD is currently trading around $16.03 marks. It made intraday high at $16.10 and low at $15.99 levels. Intraday bias remains bearish till the time pair holds key resistance at $16.12 mark. A daily close...

FxWirePro: USD/ZAR trades in narrow range, stay bearish only below 13.42 mark
Dec 14, 2017 07:25 am UTC| Technicals
USD/ZAR is currently trading around 13.48 levels. It made intraday high at 13.48 and low at 13.42 levels. Intraday bias remains neutral till the time pair holds key support at 13.42 mark. A daily close...

FxWirePro: Sell US Dollar Index on rallies
Dec 14, 2017 07:20 am UTC| Technicals
Major resistance 94.17 (61.8% fibo). US dollar index declined sharply after showing a minor jump above 61.8% fibo. The index hits low of 93.33. It is currently trading around 93.48. Short term trend is slightly...

FxWirePro: GBP/AUD breaks below 20-DMA at 1.7618, bias lower, stay short
Dec 14, 2017 06:56 am UTC| Technicals
GBP/AUD extends weakness after break below 20-DMA at 1.7618, bias still lower. Aussie continues to be supported higher, extends gains across the board on strong Aussie jobs data. The ABS reported earlier today...

FxWirePro: USD/INR hits fresh 3-month low at 64.16 mark, stay bearish
Dec 14, 2017 06:48 am UTC| Technicals
USD/INR is currently trading around 64.19 marks. It made intraday high at 64.35 and low at 64.16 marks. Intraday bias remains bearish till the time pair holds key resistance at 64.48 mark. Key resistances...