
FxWirePro: USD/CNY hovers around 6.88 mark, PBOC sets yuan mid-point at 6.8992
Jan 17, 2017 07:04 am UTC| Technicals
USD/CNY is currently trading around 6.8839 marks. It made intraday high at 6.9032 and low at 6.8779 levels. Intraday bias remains bearish for the moment. . A sustained close above 6.8985 marks will test key...

Jan 17, 2017 06:32 am UTC| Technicals
Bulls in Bullion continue to shine after breach above 38.2% fib.ret. Trade one touch calls as both leading and lagging oscillators signal more rallies: The gold price has constantly been dragging the rallies ever since...

Gold trades well above $1200, jump till $1234 likely
Jan 17, 2017 06:12 am UTC| Technicals
Major resistance - $1207 (Jan 12th high). Major support - $1189 (7- day EMA). The yellow metal rose to eight week high as Brexit worries increased the demand for safe haven. Gold breaks the recent high of $1207...

FxWirePro: Indian rupee trades higher against U.S. dollar, short term bias remains bearish
Jan 17, 2017 05:53 am UTC| Technicals
USD/INR is currently trading around 68.10 marks. It made intraday high at 68.16 and low at 68.04 marks. Intraday bias remains bearish till the time pair holds key resistance at 68.26 marks. Key resistances...

Jan 17, 2017 05:19 am UTC| Technicals
XAG/USD is currently trading around $16.85 marks. It made intraday high at $16.86 and low at $16.58 levels. Intraday bias remains neutral for the moment. A daily close above $16.82 will test key resistances...

ASX200 breaks major support at 5718, targets 5610
Jan 17, 2017 03:31 am UTC| Technicals
Major support 5611 (200- 4H EMA). ASX200 has broken major support at 5718 and declined till 5698 at the time of writing. It is currently trading around 5701. The index faces strong support at 200 -4H EMA and any...

FxWirePro:Nikkei225 downside capped by 23.6% fibo,good to sell on rallies
Jan 17, 2017 03:07 am UTC| Technicals
Nikkei225 declined sharply after showing a slight jump till 19378.The index fall was mainly due to strength in Yen. It is currently trading around 19083 1.1% lower. USD/JPY has once again breaks 115 and is trading well...