
FxWirePro: AUD/CAD holds 20-DMA support at 0.9873, good to go short on break below
Feb 01, 2017 09:00 am UTC| Technicals
AUD/CAD holds 20-DMA support at 0.9873 and has edged higher to currently trade at 0.9903. We see weakness on break below, scope then for test of 200-DMA at 0.9828. Stochs are biased lower and MACD is showing a...

FxWirePro: NZD/CAD finds major support at 0.9483 (100-DMA), weakness only on break below
Feb 01, 2017 07:36 am UTC| Technicals
NZD/CAD slips below 5-DMA, intraday bias bearish. The pair finds major support by 100-DMA at 0.9483. Break below will see drag till 20-DMA at 0.9428. Technicals on daily charts support weakness. Stochs...

FxWirePro: USD/KRW remains well supported above 1,150 mark, faces strong resistance at 1,165
Feb 01, 2017 07:11 am UTC| Technicals
USD/KRW is currently trading around 1,158 levels. Pair made intraday high at 1,158 and low at 1,153 marks. Intraday bias remains bullish till the time pair holds key support at 1,150 levels. A daily close...

FxWirePro:USD/CHF takes support near 200 –day MA, good to buy on dips
Feb 01, 2017 06:56 am UTC| Technicals
Major support 0.98600 (200- day MA). Major resistance 0.9975 (23.6% retracement of 1.03436 and 0.98611). USD/CHF broken major support of 0.99575 yesterday and declined till 0.98611. The pair has taken support...

FxWirePro: USD/ZAR trades in narrow range, bias remains neutral
Feb 01, 2017 06:50 am UTC| Technicals
USD/ZAR is currently trading around 13.49 levels. It made intraday high at 13.51 and low at 13.45 levels. Intraday bias remains neutral for the moment. A daily close above 13.47 will take the parity...

FxWirePro: EUR/GBP stuck in tight range, focus on BoE policy meet
Feb 01, 2017 06:47 am UTC| Technicals
EUR/GBP trades an extremely tight 13 pip range as we head into the European session. The pair was rejected above 20-DMA on Tuesdays trade. Momentum studies are neutral, with a slightly bullish bias. 100-DMA...

FxWirePro: Buy Gold above $1220
Feb 01, 2017 05:55 am UTC| Technicals
Major support - $1176 (50- day MA) Major resistance - $1217 (100- day EMA) The yellow metal made strong gains on Tuesday due to weak dollar and uncertainties over President Donald Trump policies. It is currently...