
FxWirePro: AUD/JPY hovers around 100-DMA at 84.55, close above to see further upside
Jun 16, 2017 10:18 am UTC| Technicals
AUD/JPY is extending spike after stellar Australia jobs data yesterday and unchanged BoJ. Comments by BOJ Governor Kuroda, reassuring unwillingness to start discussing exit strategy before reaching the 2.0% target,...

FxWirePro: EUR/CAD breaks below 50-DMA, intraday bias bearish, stay short
Jun 16, 2017 09:17 am UTC| Technicals
EUR/CAD has shown break below 50-DMA on Thursdays trade, intraday bias bearish. The pair has broken consolidation phase and break below 50-DMA now confirms further downside. Bearish RSI divergence keeps downside...

FxWirePro: US Dollar Index forms Bullish Bat pattern, good to buy on dips
Jun 16, 2017 09:05 am UTC| Technicals
Pattern formed- Bullish Bat Potential Reversal Zone (PRZ) 96.50 DXY has formed a bottom at 96.32 before Fed policy meeting on Jun 14th 2017 and jumped sharply after Fed hikes interest rates. The index jumped...

FxWirePro: Prefer to go long on XAG/USD around $16.75 with stop loss at $16.62 and target of $17.02
Jun 16, 2017 07:40 am UTC| Technicals
XAG/USD is currently trading around $16.78 marks. It made intraday high at $16.79 and low at $16.69 levels. Intraday bias remains slightly bullish for the moment. A daily close above $16.72 will test key...

FxWirePro: NZD/USD rejected at channel top, drag till 20-DMA at 0.7132 likely
Jun 16, 2017 07:19 am UTC| Technicals
NZD/USD was rejected at channel top at 0.7275, hovers around 5-DMA at 0.7223. The pair is consolidating weak New Zealand GDP led slump, is trading slightly higher on the day. An up-tick in Business NZ...

Jun 16, 2017 06:52 am UTC| Technicals Insights & Views
Gold price behavior has been moving in rising trendline with the triple top formation (refer daily charts). Top 1 at 1263.87, top 2 at 1295.46 and top 3 at 1294.91 levels. Failure swings at stiff resistance have...

Jun 16, 2017 06:43 am UTC| Technicals
USD/ZAR is currently trading around 12.85 levels. It made intraday high at 12.93 and low at 12.84 levels. Intraday bias remains neutral till the time pair holds key resistance at 12.95 mark. A daily close...