FxWirePro: AUD/NZD hovers around 1.07 handle, breakout above needed for further upside
Feb 17, 2017 07:22 am UTC| Technicals
AUD/NZD struggles to extend gains above 1.07, decisive breakout above needed for further upside. The pair has edged above 5-DMA and is up 0.36 percent on the day. Technical indicators still support upside, we do...

FxWirePro: USD/ZAR trades in narrow range, stay bearish
Feb 17, 2017 06:54 am UTC| Technicals
USD/ZAR is currently trading around 12.98 levels. It made intraday high at 13.01 and low at 12.97 levels. Intraday bias remains bearish for the moment. A daily close above 13.00 will take the parity...

FxWirePro:GBP/JPY struggles to break below 55- day EMA, good to buy on dips
Feb 17, 2017 06:35 am UTC| Technicals
Pattern formed Triple bottom (Near 141) Major resistance - 142.45 (trend line joining 144.78 and 144.69) Major Intraday support 141 (55- day EMA) GBP/JPY has once again declined after declining till 141.19...

FxWirePro: EUR/GBP breaks major 50-DMA resistance, bias higher
Feb 17, 2017 06:30 am UTC| Technicals
EUR/GBP has broken major resistance by 50-DMA at 0.8534 on Thursdays trade. The major had been capped between 20 200 day MAs. Data released on Tuesday showed Euro area December quarter GDP was revised down from...

FxWirePro: Gold trades higher on weak US dollar, good to buy on dips
Feb 17, 2017 06:09 am UTC| Technicals
Major support - $1216 (21- day EMA) Major resistance - $1245 (200- W MA) The yellow metal rose yesterday as the U.S dollar declined along U.S 10 year treasury bond yields. Gold hits the high of $1242.64...

FxWirePro: Indian rupee marginally higher against U.S. dollar, stay bearish
Feb 17, 2017 06:00 am UTC| Technicals
USD/INR is currently trading around 67.05 marks. It made intraday high at 67.17 and low at 67.05 marks. Intraday bias remains bearish till the time pair holds key resistance at 67.18 marks. Key resistances...

Feb 17, 2017 06:00 am UTC| Technicals
The bulls have reacted as anticipated by FxWirePro; before we begin with this write-up please go through below weblink for our previous article on this...