
FxWirePro: DAX30 consolidates in narrow range, good to sell on rallies
Jun 27, 2017 10:13 am UTC| Technicals
DAX30 is consolidating in narrow range between 12615 and 12956 for the past seven trading session. It is currently trading around 12721. On the lower side, major support is around 12670 (trend line joining 12493 and...

Jun 27, 2017 10:10 am UTC| Technicals
Ever since USDCAD has shown failure swings at the stiff resistance of 1.3627 levels, the prices have tumbled from the peaks of 1.3669 levels. Thats where the shooting star candle is traced out (see daily charts at 1.3605...

FxWirePro: AUD/NZD recovery attempt thwarted, slips back below 1.04 handle
Jun 27, 2017 09:07 am UTC| Technicals
AUD/NZD is consolidating break below major trendline support at 1.040. Recovery attempts in the pair were rejected at trendline support turned resistance now at 1.0415. Technical indicators are heavily bearish,...

FxWirePro: Silver remains well supported above $16.50 mark, Fed chair Yellen’s speech in focus
Jun 27, 2017 07:57 am UTC| Technicals
XAG/USD is currently trading around $16.63 marks. It made intraday high at $16.67 and low at $16.51 levels. Intraday bias remains slightly bullish for the moment. A daily close above $16.57 will test key...

FxWirePro: CAD/JPY upside capped by trend line resistance, good to sell on rallies
Jun 27, 2017 06:55 am UTC| Technicals
Major resistance 84.55 (trend line joining 88.66 and 87.72). CAD/JPY declined after forming hitting trend line resistance around 84.56 and started to decline from that level. The pair declined till 84.22 at the time...

FxWirePro: South African rand strengthens against U.S. dollar, good to sell on rallies
Jun 27, 2017 06:54 am UTC| Technicals
USD/ZAR is currently trading around 12.81 levels. It made intraday high at 12.88 and low at 12.81 levels. Intraday bias remains bearish till the time pair holds key resistance at 12.94 mark. A daily close...

FxWirePro: EUR/JPY edges lower from 5-week highs at 125.35, bias higher
Jun 27, 2017 06:41 am UTC| Technicals
EUR/JPY edges lower from 5-week highs at 125.35, hovers around 125 handle. The pair extends gains in a rising channel pattern and we see scope for upside on daily charts. Momentum studies are bullish, channel top...