FxWirePro: Go long on XAU/USD above $1268 with stop loss at $1262 and target of $1277
May 11, 2016 03:57 am UTC| Technicals
XAU/USD is currently trading around $1269 mark. It made intraday high at $1264 and low at $1271 levels. Intraday bias remains bullish till the time pair holds immediate support at $1262 marks. A daily close...
FxWirePro:ASX200 retreats after making a high of 5430, good ot buy at dip
May 11, 2016 02:52 am UTC| Technicals
Major resistance - 5380 Major Support - 5200 ASX200 pares early gains today morning after making breaking a major resistance of 5380 and jumped till 5430 at the time of writing.It is currently trading at...
FxWirePro: Kiwi gains as RBNZ announces new policy on property market
May 11, 2016 02:41 am UTC| Technicals
AUD/NZD is trading around 1.0806 marks. Pair made intraday high at 1.0886 and low at 1.0797 marks. The RBNZ on Wednesday said it will consider more steps to help New Zealands overheated property market. RBNZ...
FxWirePro: Nikkei225 faces strong resistance at 17000, good to sell on rallies
May 11, 2016 02:33 am UTC| Technicals
Major resistance - 17000 (100 day EMA) Major support - 16350 (10 day EMA) Nikkei index has recovered strongly yesterday on account of weaker yen .The index has made a high of 16795 and closed at 16775.It is...
FxWirePro: USD/KRW remains well supported above 1162, good to buy on dips
May 11, 2016 01:55 am UTC| Technicals
USD/KRW is currently trading around 1167 levels. Intraday bias remains bullish for the moment. A daily close above 1168 will drag the parity up towards key resistances at 1176/1180/1193/1211 marks. A...
FxWirePro: USD/JPY fails to sustain above key resistance 109.32, intraday bias remains neutral
May 11, 2016 00:56 am UTC| Technicals
USD/JPY is currently trading around 109.10 marks. It made intraday high at 109.36 and low at 109.04 levels. Intraday bias remains neutral for the moment. A daily close above 109.32 will drag the parity up...
FxWirePro: Gold rebounds from daily lows, outlook still bearish
May 10, 2016 18:17 pm UTC| Technicals
Gold declined to hit two weeks low on Tuesday as firmer dollar and higher equities pushed investors towards riskier assets as demand for safe heaven assets waned. Gold prices took a dive from 1268 levels to hit low at...
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