
FxWirePro: AUD/NZD upside pauses shy of 200-DMA at 1.0609, bias higher
Jul 12, 2017 07:07 am UTC| Technicals
AUD/NZD was rejected shy of 200-DMA at 1.0609 levels. The pair has edged lower to currently trade at 1.0565 levels. Technical indicators are still biased higher, RSI flat but holds above 50 level. We see upside...

Jul 12, 2017 06:42 am UTC| Technicals Insights & Views
It has been a tight tug of war between bulls and bears in AUDCAD major trend. After resembling bullish engulfing formation on 4H chart the rallies are attempting to break out above stiff resistance of 0.9865 - 0.9870...

FxWirePro: Indian rupee trades marginally higher ahead of manufacturing output, CPI data
Jul 12, 2017 06:41 am UTC| Technicals
USD/INR is currently trading around 64.53 marks. It made intraday high at 64.59 and low at 64.51 marks. Intraday bias remains neutral till the time pair holds key support at 64.45 marks. Key resistances are...

FxWirePro: EUR/USD hits fresh year high, good to buy on dips
Jul 12, 2017 06:34 am UTC| Technicals
EUR/USD broken the high of 1.14450 made on Jun 29th 2017 and jumped till 1.14893. The pair surges higher on expectations of ECB stimulus exit. It is currently trading around 1.14682. Market awaits Fed Chairman Jannet...

FxWirePro: AUD/CHF struggles at channel top at 0.7375, good to go long on break above
Jul 12, 2017 06:27 am UTC| Technicals
AUD/CHF is attempting break above major resistance at 0.7375 (channel top). Aussie buoyed on robust Westpac consumer sentiment index which rose to 0.4% m/m in July vs previous -1.8%. Technical indicators have...

FxWirePro: Chinese yuan erases previous loss against U.S. dollar, PBOC sets yuan mid-point at 6.7868
Jul 12, 2017 06:06 am UTC| Technicals
USD/CNY is currently trading around 6.7887 marks. It made intraday high at 6.8009 and low at 6.7858 levels. Intraday bias remains bearish till the time pair holds key resistance at 6.8070 mark. A sustained...

FxWirePro: Gold recovers slightly on weak U.S dollar, good to sell on rallies
Jul 12, 2017 05:54 am UTC| Technicals
Gold recovered almost $12 from the low of $1208 on account of weakness in US dollar. The yellow metal jumped till $1220.53 and is currently trading around $1219. Euro surged against all majors on expectation of ECB...