
Jul 07, 2017 06:59 am UTC| Technicals Insights & Views
It has broken a stiff resistance of 128.875 levels, current prices spike well above SMAs. For now, more rallies on card as 7DMA crosses over 21DMA which is a bullish crossover. After last weeks whipsaws pattern,...

FxWirePro: South African rand depreciates against U.S. dollar, stay bullish
Jul 07, 2017 06:42 am UTC| Technicals
USD/ZAR is currently trading around 13.47 levels. It made intraday high at 13.47 and low at 13.39 levels. Intraday bias remains bullish till the time pair holds key support at 13.30 mark. A daily close...

FxWirePro: Gold trades lower on increasing 10 –year bond yield, good to buy on dips
Jul 07, 2017 06:11 am UTC| Technicals
Gold declined almost $10 from the high of $1229.30 made yesterday on account of rising U.S bond yields. It is currently trading around $1220.13. The U.S 10 year treasury yields rose to nearly two month high at 2.38%...

FxWirePro: AUD/USD recovery capped at 20-DMA at 0.7595, bias lower, stay short
Jul 07, 2017 05:45 am UTC| Technicals
AUD/USD has closed below 20-DMA on Thursdays trade, bias lower. Minor recovery attempts made by the pair in the Asian session today capped at 20-DMA at 0.7595. Aussie dented amid risk-off triggered by tumbling...

FxWirePro: USD/INR remains well supported below 65.00 mark, intraday bias remains slightly bullish
Jul 07, 2017 05:42 am UTC| Technicals
USD/INR is currently trading around 64.80 marks. It made intraday high at 64.85 and low at 64.75 marks. Intraday bias remains slightly bullish till the time pair holds key support at 64.70 marks. Key...

FxWirePro: USD/JPY consolidates breakout above symmetric triangle, bias higher
Jul 07, 2017 05:15 am UTC| Technicals
The Japanese Yen is being offered after the Bank of Japan (BoJ) boosted the JGBs purchases in order to keep the 10-year yield around zero percent. USD/JPY rose to a session high of 113.83 and has currently pared some...

FxWirePro: USD/TWD hits fresh 3-month high at 30.66 mark, bias remains bullish
Jul 07, 2017 03:53 am UTC| Technicals
USD/TWD is currently trading around 30.60 marks. It made intraday high at 30.66 and low at 30.50 marks. Intraday bias remains bullish till the time pair holds key support at 30.49 marks. A daily close above...