
Jun 12, 2017 08:32 am UTC| Technicals
XAG/USD is currently trading around $17.12 marks. It made intraday high at $17.21 and low at $17.09 levels. Intraday bias remains bearish till the time pair holds key resistance at $17.21 mark. A daily close...

FxWirePro: GBP/JPY forms Bullish pattern, good to buy on dips
Jun 12, 2017 08:02 am UTC| Technicals
Harmonic pattern formed Bullish AB=CD Potential reversal Zone 139.50 GBP/JPY formed a minor bottom around 139.53 and shown a minor jump from that level. It is currently trading around 140.40. UK Pound was...

FxWirePro: EUR/CAD breaks below 20-DMA, eyes 50-DMA at 1.4776, stay short
Jun 12, 2017 07:20 am UTC| Technicals
EUR/CAD slips below 20-DMA at 1.5120, intraday bias lower. Bearish RSI divergence raises scope for downside, bears eyes 50-DMA at 1.4776. The pair is trading a narrow range on the day, with the days high at...

FxWirePro: USD/ZAR fails to jump above 13.00 mark, good to sell on rallies
Jun 12, 2017 07:10 am UTC| Technicals
USD/ZAR is currently trading around 12.88 levels. It made intraday high at 12.92 and low at 12.82 levels. Intraday bias remains bearish till the time pair holds key resistance at 12.95 mark. A daily close...

Jun 12, 2017 06:55 am UTC| Technicals
The major trend has again turned out to be bearish after a brief consolidation phase, while consolidation phase has been observed from last one year or so. This is forming handle pattern adjoining to the inverse...

FxWirePro: EUR/AUD off lows but capped below 5-DMA at 1.4908, break above could see further upside
Jun 12, 2017 06:28 am UTC| Technicals
EUR/AUD has edged off 3-weeks lows near 1.4822 and is currently trading around 1.4879 levels. Doji formation at lows on Fridays trade raises scope for further upside. Price action has bounced off lower bollinger...

FxWirePro: USD/CNY trades in narrow range, PBOC sets yuan mid-point at 6.7948
Jun 12, 2017 06:20 am UTC| Technicals
USD/CNY is currently trading around 6.7975 marks. It made intraday high at 6.7979 and low at 6.7940 levels. Intraday bias remains neutral for the moment. A sustained close above 6.7970 marks will test key...