
Nov 30, 2016 07:46 am UTC| Technicals Insights & Views
From last two weeks, although the rallies have hit 49.17 levels, theprice behavior have remained well between 46.27 and 45.54 (i.e. price range between the last weeks open to this weeks open) The break above 46.30...

FxWirePro: AUD/USD struggle to break above 0.75 handle, bias higher
Nov 30, 2016 07:35 am UTC| Technicals
AUD/USD upside halts shy of 0.75 handle, pair remains capped below for 2nd consecutive day. 5-DMA at 0.7458 is strong support on the downside, break below could see drag upto 0.7386 (61.8% Fib). On the flipside,...

FxWirePro: USD/CNY hits fresh weekly low at 6.8822, PBOC sets yuan mid-point at 6.8865
Nov 30, 2016 07:18 am UTC| Technicals
USD/CNY is currently trading around 6.8858 marks. It made intraday high at 6.9035 and low at 6.8822 levels. Intraday bias remains slightly bearish till the time pair holds key resistance at 6.9128 marks. On...

FxWirerPro:EUR/USD forms Potential Bat Pattern, good to sell on rallies
Nov 30, 2016 06:59 am UTC| Technicals
Pattern Formed - Bearish BAT pattern Major resistance- 1.06855 The pair has once again recovered after making a low of 1.05635. EUR/USD jumped till 1.0660 and slightly declined from that level. It is currently...

Nov 30, 2016 06:55 am UTC| Technicals
The bearish crossover on SMAs has been observed on theweekly pattern, the break below support 0.7439 likely to bring in more slumps. Well, youve seen the failure swings at theresistance of 0.7761 have evidenced declines...

FxWirePro: NZD/CAD finds major resistance at 20-DMA 0.9602, break above to see further upside
Nov 30, 2016 06:38 am UTC| Technicals
NZD/CAD bounces off 100-DMA and edges higher to test 20-DMA at 0.9602. Breakout above could see test of 0.9735 levels. Technicals indicators are bullishly aligned, RSI and Stochs biased higher. MACD line is...

FxWirePro: XAG/USD exhibits range bound movement, faces strong resistance at $16.87
Nov 30, 2016 06:23 am UTC| Technicals
XAG/USD is currently trading around $16.65 marks. It made intraday high at $16.74 and low at $16.56 levels. Intraday bias remains slightly bullish till the time pair holds immediate support at $16.40...