
FxWirePro: USD/ZAR fails to break key resistance at 13.76 mark, short term trend reversal likely
Oct 04, 2017 07:57 am UTC| Technicals
USD/ZAR is currently trading around 13.60 levels. It made intraday high at 13.65 and low at 13.57 levels. Intraday bias remains bearish till the time pair holds key resistance at 13.65 mark. A daily close...

FxWirePro: AUD/USD finds strong support at cloud base, weakness only on break below
Oct 04, 2017 07:13 am UTC| Technicals
AUD/USD retraces RBA led weakness, bounces off cloud base support, intraday bias higher. RBA said the pick-up in economic activity and inflation could be slower that the current forecasts due to the strong Aussie...

FxWirePro: USD/INR hovers around 65.50 mark, downside limited
Oct 04, 2017 06:36 am UTC| Technicals
USD/INR is currently trading around 65.45 marks. It made intraday high at 65.62 and low at 65.45 marks. Intraday bias remains bearish till the time pair holds key resistance at 65.85 marks. Key resistances...

Oct 04, 2017 06:03 am UTC| Technicals Insights & Views
Bearish candle with big real body occurred at peaks of uptrend rallies that has evidenced slumps below 7DMA, to counter this bearish sentiment, Dragonfly doji has occurred at 132.3380 levels that reactivates strength back...

GBP/JPY trades well below psychological support 150 level, dip till 147.25 likely
Oct 04, 2017 05:49 am UTC| Technicals
GBP/JPY continuing its losing trend for third consecutive days and is trading well below psychological support at 150. It is currently trading around 149.28. The pair has shown a minor recovery till 150.24 yesterday...

FxWirePro: NZD/USD fails at 200-DMA support, focus on U.S. jobs data for further impetus
Oct 04, 2017 05:21 am UTC| Technicals
NZD/USD bounces off 200-DMA support to retake 0.72 handle in early Asia. Uptick was supported by broad based US dollar weakness amid looming uncertainty over the next Fed Chairperson. The pair failed to hold...

FxWirePro: Gold recovers slightly from 7- week low, good to sell on rallies
Oct 04, 2017 05:15 am UTC| Technicals
Gold has slightly recovered after hitting 7- week low on account of rising US 10- year bond yields and strong global equities. The yellow metal has jumped till $1276 and is currently trading around $1275 0.24%...