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FxWirePro: AUD/NZD extends weakness after bearish gap open, close below 5-DMA could see further downside

Jun 19, 2017 06:33 am UTC| Technicals

AUD/NZD failed to close above 20-DMA in last weeks trade and intraday bias has turned slightly bearish. Upside in the pair has been rejected at 23.6% Fib of 1.1019 to 1.0391 fall at 1.0539 on Friday. The pair...

FxWirePro: AUD/CHF faces major resistance at 0.7435, good to go long on break above

Jun 19, 2017 06:14 am UTC| Technicals

AUD/CHF breached 50-DMA resistance at 0.7379 last week and bias remains higher. The pair is currently attempting break above stiff trendline resistance at 0.7435. Momentum studies are bullish, break above...

FxWirePro: Gold trades weak, good to sell on rallies

Jun 19, 2017 06:08 am UTC| Technicals

Gold continuing its second week of selling on account of firmer dollar and strong economic data. The yellow metal declined almost $30 in previous week and is currently trading around $1252.46. Market awaits New York...

FxWirePro: Silver hovers around $16.60 mark, upside limited

Jun 19, 2017 06:02 am UTC| Technicals

XAG/USD is currently trading around $16.63 marks. It made intraday high at $16.68 and low at $16.60 levels. Intraday bias remains bearish till the time pair holds key resistance at $16.82 mark. A daily close...

FxWirePro: AUD/JPY capped below major trendline resistance at 84.80, good to go long on break above

Jun 19, 2017 05:30 am UTC| Technicals

AUD/JPY faces rejection at major trendline resistance at 84.80, bias higher. The pair is trading in a symmetric triangle pattern and break above 84.80 will likely see test of 85.62 (61.8% Fib of 88.17 to 81.48...

FxWirePro: Indian rupee rises gradually against U.S. dollar, faces strong support at 64.27 mark

Jun 19, 2017 04:16 am UTC| Technicals

USD/INR is currently trading around 64.37 marks. It made intraday high at 64.40 and low at 64.33 marks. Intraday bias remains bearish till the time pair holds key resistance at 64.82 marks. Key resistances...

FxWirePro: USD/THB consolidates around 33.95 mark, bias remains neutral

Jun 19, 2017 03:41 am UTC| Technicals

USD/THB is currently trading around 33.95 marks. It made intraday high at 33.99 and low at 33.92 marks. Intraday bias remains neutral for the moment. On the top side, key resistances are seen at 34.08,...

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