
Dec 07, 2016 06:46 am UTC| Technicals
Back-to-back bearish patterns have occurred on weekly charts, while failure upswings at major resistances have evidenced declines below DMAs and breaks below supports with bearish SMA crossover on weekly terms. Youve...

FxWirePro: Indian rupee depreciates against U.S. dollar ahead of RBI’s monetary policy
Dec 07, 2016 06:40 am UTC| Technicals
USD/INR is currently trading around 67.76 marks. It made intraday high at 67.79 and low at 67.61 marks. Intraday bias remains neutral till the time pair holds key support at 67.55 mark. Key resistances are...

FxWirePro: NZD/USD finds stiff resistance at 0.7150, good to sell rallies
Dec 07, 2016 06:18 am UTC| Technicals
NZD/USD is trading a narrow range in the Asian session, Doji formation seen on daily charts till now. Kiwi bulls remain largely unimpressed by RBNZ Wheelers speech before the parliament, where he offered no new...

FxWirePro: Gold trades weak on strong U.S economic data, good to sell on rallies
Dec 07, 2016 06:00 am UTC| Technicals
Gold continues backslide after price notched 10 month low on Monday. The yellow showed a mild jump till $1175 and once again started to fall from that level. The yellow metal is trading weak on account of strong U.S dollar...

FxWirePro: AUD/USD extends slide along 20-DMA, good to sell rallies
Dec 07, 2016 05:42 am UTC| Technicals
AUD/USD fails to extend gains above stiff resistance by 20-DMA at 0.7452. Price action slides along with falling 20-DMA. Scope for further downside. Aussie heavily offered after huge miss on Australias Q3 GDP,...

FxWirePro: USD/KRW hovers around key support at 1,168 mark, sustained close below targets 1,160
Dec 07, 2016 05:30 am UTC| Technicals
USD/KRW is currently trading around 1,168 levels. It made intraday high at 1,172 and low at 1,166 marks. Intraday bias remains bearish till the time pair holds key resistance at 1,172 levels. A daily close...

FxWirePro: USD/THB exhibits range bound movement, sustained close above 35.70 targets 35.90
Dec 07, 2016 03:45 am UTC| Technicals
USD/THB is currently trading around 35.66 marks. It made intraday high at 35.68 and low at 35.62 marks. Intraday bias remains bullish till the time pair holds key support at 35.58 marks. On the top side key...