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FxWirePro:GBP/JPY trades well above trend line resistance, jump till 145 likely

Jan 25, 2017 06:33 am UTC| Technicals

Major support 140.80 (200- day MA) GBP/JPY broken the trend line resistance and jumped till 142.79 yesterday. It is currently trading around 142.35. The pair formed a temporary bottom at 140.77 yesterday and...

FxWirePro: XAG/USD rejects key resistance at $17.26 mark, good to sell on rallies

Jan 25, 2017 06:31 am UTC| Technicals

XAG/USD is currently trading around $16.98 marks. It made intraday high at $17.09 and low at $16.94 levels. Intraday bias remains bearish till the time pair holds key resistance at $17.26 mark. A daily close...

FxWirePro: AUD/USD holds 1H 200-SMA support, good to short break below

Jan 25, 2017 05:56 am UTC| Technicals

AUD/USD hits three-day lows at 0.7534 after Australia core CPI printed at record lows. Data showed Australia core CPI fell to record low of 1.6% y/y. The trimmed mean figure tracked by the RBA came in at 0.4% q/q,...

FxWirePro: USD/INR remains well supported above 68.00 mark, good to buy on dips

Jan 25, 2017 05:43 am UTC| Technicals

USD/INR is currently trading around 68.17 marks. It made intraday high at 68.21 and low at 68.13 marks. Intraday bias remains neutral till the time pair holds key resistance at 68.21 marks. Key resistances...

FxWirePro: AUD/NZD hits 3-week lows at 1.0406 on dismal Australia inflation data, bias lower, stay short

Jan 25, 2017 05:27 am UTC| Technicals

Fundamental Factors: Aussie dumped on dismal Australias inflation data. Australia core CPI prints at record lows raising odds of the RBA rate cut. Data showed Australia core CPI fell to record low of 1.6% y/y. The...

FxWirePro: Gold breaks trend line support at $1209, dip till $1187 is possible

Jan 25, 2017 05:19 am UTC| Technicals

Major support - $1209 (tend line joining $1145.90 and $1195). Major resistance - $1220 (100- day EMA). The yellow metal has broken trend line support at $1209 and declined till $1204.60 at the time of writing. It...

FxWirePro: USD/SGD trades in narrow range, bias remains neutral

Jan 25, 2017 04:44 am UTC| Technicals

USD/SGD is currently trading around 1.4198 marks. It made intraday high at 1.4217 and low at 1.4188 levels. Intraday bias remains neutral till the time pair holds key resistance at 1.4260 mark. A daily close...

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