
FxWirePro: AUD/CHF capped at major resistance at 0.7425, upside only on break above
Jun 20, 2017 09:59 am UTC| Technicals
AUD/CHF has taken 50-DMA support at 0.7373 and bounced higher. Momentum studies are bullish, decisive break above trendline eyes 200-DMA at 0.7496. On the downside, we see weakness on fall below 50-DMA at 0.7370....

FxWirePro: USD/CAD consolidates in narrow range, good to sell on rallies
Jun 20, 2017 09:08 am UTC| Technicals
USD/CAD struggles to gain on a stronger dollar and declining oil prices. The pair is consolidating in narrow range between 1.33085 and 1.31640 for the past one week. It is currently trading around 1.3215. Crude oil...

FxWirePro: Silver rejects key support at $16.42 mark, intraday bias remains bullish
Jun 20, 2017 08:28 am UTC| Technicals
XAG/USD is currently trading around $16.60 marks. It made intraday high at $16.61 and low at $16.42 levels. Intraday bias remains slightly bullish for the moment. A daily close above $16.47 will test key...

FxWirePro: Swedish krona marginally higher against euro, downside limited
Jun 20, 2017 07:26 am UTC| Technicals
EUR/SEK is currently trading around 9.7422 levels. It made intraday high at 9.7530 and low at 9.7336 levels. Intraday bias remains bearish till the time pair holds key resistance at 9.7572 mark. A sustained...

FxWirePro: AUD/JPY breaks major trendline resistance at 84.80, bias higher, stay long
Jun 20, 2017 07:23 am UTC| Technicals
AUD/JPY has shown a break above major trendline resistance at 84.80, bias higher. Breakout above the symmetric triangle pattern raises scope for test of 85.62 (61.8% Fib of 88.17 to 81.48 fall). Price action is...

FxWirePro: EUR/JPY breaks above 20-DMA, good to go long on dips
Jun 20, 2017 06:52 am UTC| Technicals
EUR/JPY has retraced above 20-DMA, intraday bias remains higher. The pair is trading in a rising channel and we see scope for upside on daily charts. Technical indicators in the pair are bullish, RSI is biased...

FxWirePro: USD/ZAR fails to sustain above 13.00 mark, bias remains neutral
Jun 20, 2017 06:36 am UTC| Technicals
USD/ZAR is currently trading around 12.92 levels. It made intraday high at 13.01 and low at 12.91 levels. Intraday bias remains neutral for the moment. A daily close above 12.97 will take the parity...