
FxWirePro: EUR/JPY pares some losses to retake 115 handle, bias lower, stay short
Apr 17, 2017 06:04 am UTC| Technicals
EUR/JPY has pared some losses and edged off lows at 114.85 to retake 115 handle, bias lower. The pair has broken major trendline support at 115.70 and trades in a major bear trend. Momentum studies are heavily...

Gold: 161.8% fibo and Bearish divergence
Apr 17, 2017 06:00 am UTC| Technicals
Gold prices added to recent gains and hits fresh five month high at $1295 at the time of writing on rising geopolitical tension over North Korea. North Korea attempted to launch a missile on Sunday from Sinpo, a city...

Apr 17, 2017 05:50 am UTC| Technicals
On daily charts, the pair forms top 1 at 0.7740 and top 2 at 0.7749 levels with the neckline at 0.7481 levels. Bulls test support at the neckline of the double top (refer daily chart, break above 21DMA to drag rallies...

FxWirePro: Indian rupee trades marginally higher against U.S. dollar ahead of India’s inflation data
Apr 17, 2017 05:43 am UTC| Technicals
USD/INR is currently trading around 64.42 marks. It made intraday high at 64.52 and low at 64.32 marks. Intraday bias remains bearish till the time pair holds key resistance at 64.62 marks. Key resistances...

FxWirePro: USD/TWD exhibits range bound movement, faces strong support at 30.14
Apr 17, 2017 05:15 am UTC| Technicals
USD/TWD is currently trading around 30.33 marks. It made intraday high at 30.41 and low at 30.22 marks. Intraday bias remains bearish till the time pair holds key resistance at 30.50 marks. A daily close...

FxWirePro: AUD/USD capped at 20-DMA, Aussie dented by rising geopolitical tensions
Apr 17, 2017 05:13 am UTC| Technicals
AUD/USD struggles to extend gains above 0.76 handle, upside seems capped at 20-DMA. The pair is holding break above 200-DMA am=nd trendline resistance. A break above 20-DMA could see further upside. Aussie likely...

Apr 17, 2017 04:49 am UTC| Technicals
USD/JPY hits a 5-month low of 108.12 on Monday as yen remains bid on heightened North Korea tensions. Tense standoff between the US and North Korea continues despite North Koreas failed missile launch. Risk-off...