
FxWirePro: NZD/USD capped below major trendline resistance, good to go short on rallies
Mar 30, 2017 08:52 am UTC| Technicals
NZD/USD hovers around 5-DMA, but remains capped below major trendline resistance at 0.70. A follow through greenback recovery, with DXY reclaiming the key 100.00 psychological mark, has been weighing on the...

Mar 30, 2017 08:20 am UTC| Technicals
EUR/SEK is currently trading around 9.5548 levels. It made intraday high at 9.5564 and low at 9.5406 levels. Intraday bias remains bullish for the moment. A sustained close above 9.5522 tests key resistances...

FxWirePro: South African rand erases previous loss against U.S. dollar, stay bearish
Mar 30, 2017 07:38 am UTC| Technicals
USD/ZAR is currently trading around 12.92 levels. It made intraday high at 13.09 and low at 12.89 levels. Intraday bias remains bearish till the time pair holds key resistance at 13.15 marks. A daily close...

FxWirePro: EUR/USD faces strong support at 1.0735, beak below confirms minor weakness
Mar 30, 2017 07:11 am UTC| Technicals
Major support - 1.073500 (trend line joining 1.04948 and 1.06072). Major intraday resistance - 1.08200 (4H Kijun-Sen). EUR/USD formed a temporary at 1.0958 on Mar 27th and continuously declining from that level....

FxWirePro: Copper rejected at 50-DMA, good to go short on break below 5-DMA at 2.6550
Mar 30, 2017 06:57 am UTC| Technicals
Copper has been rejected at 50-DMA and has edged lower to currently hovers around minor support by 5-DMA at 2.6550. We see the pair trading in a downward sloping channel, and break below 5-DMA adds downside. We...

FxWirePro:Gold retreats slightly on account of strong U.S dollar , good to sell on rallies
Mar 30, 2017 06:41 am UTC| Technicals
Major resistance - $1260-$1264 (200- day MA and Feb 24th high). Major support - $1237. Gold declined almost $8 from the yesterday high and declined till $1248 at the time of writing on account of weak U.S...

FxWirePro: XAG/USD remains well supported above $18.00 mark, good to buy on dips
Mar 30, 2017 06:27 am UTC| Technicals
XAG/USD is currently trading around $18.14 marks. It made intraday high at $18.21 and low at $18.11 levels. Intraday bias remains bullish till the time pair holds key support at $17.98 mark. A daily close...