
FxWirePro: GBP/AUD retraces brief dip below 200-DMA, breaks above 5-DMA at 1.6755
Jun 23, 2017 06:19 am UTC| Technicals
GBP/AUD has retraced a brief dip below 200-DMA and has edged higher from multi-week lows at 1.6611. The pair has broken above 5-DMA and price action has pierced into daily cloud. Technical indicators do not...

FxWirePro: Prefer to go long on XAG/USD around $16.58 with stop loss at $16.40 and target of $16.82
Jun 23, 2017 06:05 am UTC| Technicals
XAG/USD is currently trading around $16.62 marks. It made intraday high at $16.62 and low at $16.50 levels. Intraday bias remains bullish for the moment. A daily close above $16.55 will test key resistances...

FxWirePro: Gold pushes higher on flattening of U.S yield curve, good to buy on dips
Jun 23, 2017 05:55 am UTC| Technicals
Gold edged up slightly up for second consecutive days from the 5- week low of $1240 as another rate hike by Fed this year slightly faded. The yellow metal jumped till $1255 yesterday and is currently trading around...

FxWirePro: USD/INR fails to sustain below key support at 64.48 mark, bias remains neutral
Jun 23, 2017 05:29 am UTC| Technicals
USD/INR is currently trading around 64.55 marks. It made intraday high at 64.62 and low at 64.54 marks. Intraday bias remains bearish till the time pair holds key resistance at 64.64 marks. Key resistances...

FxWirePro: AUD/JPY upside fails at trendline resistance at 85, drag till 200-DMA at 83.37 likely
Jun 23, 2017 04:21 am UTC| Technicals
AUD/JPY pauses three-day losing streak, yen depressed as risk-on returns in the markets. Moderate gains seen in the oil benchmarks could extend support to the Aussie and AUD/JPY could see further...

FxWirePro: USD/CNY breaks key resistance at 6.8352 mark, PBOC sets yuan mid-point at 6.8238
Jun 23, 2017 04:08 am UTC| Technicals
USD/CNY is currently trading around 6.8414 marks. It made intraday high at 6.8433 and low at 6.8323 levels. Intraday bias remains bullish for the moment. A sustained close above 6.8348 marks will test key...

FxWirePro: AUC/CHF rangebound, capped below 50-DMA, bias lower, stay short
Jun 23, 2017 03:35 am UTC| Technicals
AUD/CHF is trading in a narrow range in the Asian session today, bias lower. Recovery in the pair was capped below 50-DMA on Thursdays trade. We see upside only on break above. The pair was rejected at cloud base...