
Jun 21, 2017 10:19 am UTC| Technicals
Gold edged slightly up from 5- week low on account of weak global equity market and political tension. U.S dollar index rose sharply till 97.87 after a minor bottom around 96.32 as a key U.S Federal reserve official Dudley...

FxWirePro: CHF/JPY struggles to break above trend line resistance, good to sell on rallies
Jun 21, 2017 09:41 am UTC| Technicals
The pair has shown a huge jump from the low of 112.50 formed on Jun 14th 2017. The pair jumped till 114.66 near to trend line resistance and shown a minor dip from that level. It is currently trading around...

FxWirePro: EUR/AUD hovers around 50-DMA at 1.4729, close above could see further upside
Jun 21, 2017 09:36 am UTC| Technicals
EUR/AUD has held above 38.2% Fib support at 1.4615, weakness only on break below. Daily ichi cloud also offers strong support on the downside. The pair is extending rebound for 2nd consecutive day, intraday bias...

FxWirePro: NZD/JPY struggles to hold break above trendline, breaks below 5-DMA at 80.38
Jun 21, 2017 08:36 am UTC| Technicals
NZD/JPY has failed to hold break above trendline resistance at 80.42, has edged lower to currently trade at 80.29. The pair remains capped at 61.8% Fib of 83.80 to 75.62 fall at 80.68 and has broken below...

FxWirePro: GBP/JPY upside capped by 50- day MA, good to sell on rallies
Jun 21, 2017 08:34 am UTC| Technicals
GBP/JPY formed a minor top around 142.54 yesterday and declined sharply after BOE governor Carney dovish stance on rate hike. The pair declined till 140.58 yesterday and closed around 140.70. The pair continued its...

FxWirePro: Swedish krona marginally higher against euro after mixed economic data from Sweden
Jun 21, 2017 08:16 am UTC| Technicals
EUR/SEK is currently trading around 9.7724 levels. It made intraday high at 9.7862 and low at 9.7677 levels. Intraday bias remains neutral for the moment. A sustained close above 9.7778 tests key resistances...

FxWirePro: EUR/GBP bounces off 20-DMA, bearish divergence keeps scope for downside
Jun 21, 2017 07:14 am UTC| Technicals
EUR/GBP bounced off 20-DMA support at 0.8731 on Tuesdays trade, we see weakness only on break below. Upside has broken above 5-DMA at 0.8779 and the pair is currently trading at 0.8827. Technical indicators are...