
Dec 21, 2016 06:01 am UTC| Technicals
AUDNZD has been rejecting from the stiff resistance of 1.0493 and dropping DMAs, from last couple days the price behaviour has been oscillating in this range (see 4H chart) but the momentary bulls attempting for upside...

FxWirePro: Gold faces major support at $1116, good to sell on rallies
Dec 21, 2016 05:48 am UTC| Technicals
Gold declined around $14 yesterday as U.S dollar reached fresh 14 month high at 103.65. The yellow metal has slightly jumped in Asian session and is currently trading around $1135. Gold has shown a slight jump from...

FxWirePro: XAG/USD remains well supported above $16.00 mark, bias turns bullish again
Dec 21, 2016 05:19 am UTC| Technicals
XAG/USD is currently trading around $16.11 marks. It made intraday high at $16.15 and low at $15.92 levels. Intraday bias remains bullish till the time pair holds key support at $15.88 levels. A daily close...

FxWirePro: AUD/CAD on track to test 78.6% Fib at 0.9551, good to short rallies
Dec 21, 2016 04:58 am UTC| Technicals
AUD/CAD extends drag lower as CAD remains supported by rising oil prices. Oil futures on NYMEX extended its winning streak and built on previous gains after the bulls were bolstered by a surprising drawdown in the US...

FxWirePro: AUD/JPY capped below 5-DMA at 85.75, intraday bias lower
Dec 21, 2016 04:11 am UTC| Technicals
AUD/JPY has closed last weeks trade with a gravestone Doji formation. Technical studies have turned slightly bearish, the pair now capped below 5-DMA at 85.74. RSI and Stochs have rolled over from overbought zone...

ASX200 breaks major resistance 5625, targets 5750
Dec 21, 2016 03:47 am UTC| Technicals
Major resistance - 5625 (Oct 11th 100- day MA). ASX200 breaks major resistance at 5625 and jumped till 5637 at the time of writing. It is currently trading around 5628 0.20% higher Australian index should close below...

FxWirePro: USD/JPY breaks 1H 100-SMA support, good to short rallies
Dec 21, 2016 03:32 am UTC| Technicals
Bank of Japan held rates as widely expected and Governor Kuroda in the statement that followed said that the policy switch to yield curve control is working well. The Japanese cabinet office also upgraded its view of...