
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...

FxWirePro: Silver hits fresh 2-month high at $17.59 ahead of FOMC
Feb 01, 2017 05:48 am UTC| Technicals
XAG/USD is currently trading around $17.42 marks. It made intraday high at $17.55 and low at $17.42 levels. Intraday bias remains neutral till the time pair holds key resistance at $17.53 mark. A daily close...

FxWirePro: AUD/JPY holds 50-DMA support, break below to see further weakness
Feb 01, 2017 05:47 am UTC| Technicals
AUD/JPY halts downside at 50-DMA at 85.16 on Tuesdays trade. The pair is extending its consolidative mode in the Asian session. Bias is slightly bearish, break below 50-DMA will see resumption on...

FxWirePro: USD/JPY retakes 113 handle, finds stiff resistance at 113.87 (5-DMA)
Feb 01, 2017 05:24 am UTC| Technicals
Fundamental Factors: Data released earlier today showed Japans January Nikkei manufacturing PMI decreased to 52.7 vs previous 52.8. Bank of Japan on Tuesday kept policy unchanged in line with forecasts and extended...

FxWirePro: USD/INR stabilizes above 67.50 mark, India’s manufacturing PMI data in focus
Feb 01, 2017 04:50 am UTC| Technicals
USD/INR is currently trading around 67.63 marks. It made intraday high at 67.66 and low at 67.48 marks. Intraday bias remains neutral till the time pair holds key support at 67.50 marks. Key resistances are...

Feb 01, 2017 04:10 am UTC| Technicals
On thedaily chart, after two weeks of bearish pressures, bulls taking support at 1.0350 levels and attempting to bounce with a formation of dragonfly doji which is a bullish pattern, the potential for more price upswings...

FxWirePro: Thai baht marginally lower against U.S. dollar after Thailand’s CPI, core CPI data
Feb 01, 2017 03:52 am UTC| Technicals
USD/THB is currently trading around 35.13 marks. It made intraday high at 35.16 and low at 35.10 marks. Intraday bias remains neutral till the time pair holds key support at 35.10 marks. On the top side key...