
FxWirePro: Gold forms Bearish pattern, good to sell on rallies
Jan 19, 2017 05:59 am UTC| Technicals
Pattern Formed -bearish AB=CD Major support - $1203 (trend line joining $1146 and $1178.20). Major resistance - $1221 (100- day EMA). Major support - $1189 (7- day EMA). The yellow metal declined...

FxWirePro: USD/JPY bulls exhausted at 1H 200-MA, scope for downside builds
Jan 19, 2017 05:31 am UTC| Technicals
Fundamental Factors: Bid tone around the US dollar strengthened in the late North American session following Yellens hawkish comments. Data released overnight showed US inflation in 2016 rose at fastest rate in...

FxWirePro: AUD/CAD breaks 100-DMA, bias higher, stay long
Jan 19, 2017 04:29 am UTC| Technicals
Technical Analysis: AUD/CAD has broken major resistances - 50-DMA at 0.9872, 100-DMA at 0.9956. Momentum studies are bullish, we see scope for further gains. RSI strength at 69 levels, MACD and ADX confirm upside...

FxWirePro: South Korean won opens down by more than 1 pct against U.S. dollar, stay bullish
Jan 19, 2017 04:23 am UTC| Technicals
USD/KRW is currently trading around 1,176 levels. Pair made intraday high at 1,176 and low at 1,174 marks. Intraday bias remains bullish till the time pair holds key support at 1162 levels. A daily close...

FxWirePro: USD/THB exhibits range bound movement, upside limited
Jan 19, 2017 03:41 am UTC| Technicals
USD/THB is currently trading around 35.40 marks. It made intraday high at 35.44 and low at 35.39 marks. Intraday bias remains bearish for the moment. On the top side key resistances are seen at 35.44, 35.61,...

FxWirePro:ASX200 struggles to close above 5700, good to sell on rallies
Jan 19, 2017 03:33 am UTC| Technicals
Major support 5650 (trend line joining 5270 and 5380) ASX200 takes support near trend line and jumped from that level.The index jumped till 5719 at the time of writing and is currently trading around 5686. The index...

Nikkei225:Buy above trend line resistance (19150)
Jan 19, 2017 03:16 am UTC| Technicals
Nikkei225 declined till 18648 yesterday and jumped slightly from the lower level on account of slight weakness in the yen. It is currently trading around 19063 0.24% higher. USD/JPY has recovered sharply till 114.88...