
FxWirePro: Swedish krona erases previous gain against euro, intraday bias remains bullish
Apr 04, 2017 06:31 am UTC| Technicals
EUR/SEK is currently trading around 9.5611 levels. It made intraday high at 9.5642 and low at 9.5399 levels. Intraday bias remains neutral for the moment. A sustained close above 9.5491 tests key resistances...

FxWirePro: USD/ZAR hits fresh3-month high at 13.82 mark, faces strong resistance at 13.96
Apr 04, 2017 05:44 am UTC| Technicals
USD/ZAR is currently trading around 13.82 levels. It made intraday high at 13.83 and low at 13.61 levels. Intraday bias remains bullish till the time pair holds key support at 13.50 marks. A daily close...

FxWirePro: Gold faces strong resistance at trend line, break above targets $1273
Apr 04, 2017 05:37 am UTC| Technicals
Major resistance - $1259 (trend line joining $1920 and $1795). Major support - $1237 (200- W MA). Gold recovered almost $13 this week and is trading slightly near to previous week high of $1261.It is currently...

FxWirePro: Copper closes below 100-DMA, bias lower, stay short
Apr 04, 2017 05:32 am UTC| Technicals
Copper has shown a decisive close below 100-DMA on Mondays trade, bias remains lower. Copper has been rejected at 50-DMA and is currently extending declines along downward sloping channel. We have evidenced a...

FxWirePro: Silver remains well supported above $18.22 mark, stay bullish
Apr 04, 2017 05:21 am UTC| Technicals
XAG/USD is currently trading around $18.27 marks. It made intraday high at $18.29 and low at $18.22 levels. Intraday bias remains bullish till the time pair holds key support at $18.00 mark. A daily close...

FxWirePro: AUD/USD hits fresh 3-week lows post RBA's status quo, bias lower
Apr 04, 2017 05:02 am UTC| Technicals
The Reserve Bank of Australia maintained status quo and left its key benchmark interest rate unchanged at 1.50% as widely expected. The accompanying statement, however, raise concerned over medium-term economic risks...

Apr 04, 2017 04:51 am UTC| Technicals
The flurry of bearish streaks of EURJPY has now hit fresh lows of 118.0800 levels (while articulating). The pair is forming handle formation adjoining inverse saucer in the major downtrend. Please note that current...