FxWirePro: AUD/CAD above 5-DMA, good to go long on dips around 0.9925/30
Jan 28, 2016 04:46 am UTC| Technicals
AUD/CAD is retracing from 1.0169 (multi-month highs) hit on Dec 31st, as loonie battered on oil weakness. Oil prices saw slight rebound as investors expect deal to address a global crude supply glut. OPEC and...
FxWirePro: NZD/USD recovers from post-RBNZ lows, holds above 0.6420 support
Jan 28, 2016 03:55 am UTC| Technicals
NZD/USD is attempting a minor-recovery from post-RBNZ lows, is currently trading at 0.6442. The pair hit lows of 0.6416, after RBNZ hinted an easing bias in wake of the global uncertainties. NZD/USD closed...
Major Asian Indices technicals
Jan 28, 2016 02:45 am UTC| Technicals
Hang Seng: Hang Seng is consolidating between narrow range between 18776-19485 for the past two days. It is currently trading around 19138. The index major resistance is around 19500 and any break above 19500...
FxWirePro: EUR/USD key resistance at 1.0980, sell deals are recommended around 1.0930
Jan 27, 2016 19:30 pm UTC| Technicals
Euro has gained some ground against dollar by reaching as high as 1.0910 levels in the late US session after Federal Reserve issued its latest policy statement. At the moment the pair is trading around 1.0880 levels...
FxWirePro: USD/CHF rises to one-month highs, maintains bullish bias
Jan 27, 2016 18:06 pm UTC| Technicals
The USD/CHF rebounded from 1.0120 levels, erasing the earlier losses, after new home sales data released from the US market printed positive figures. In a short while, the Federal Reserve will release statement of...
FxWirePro: GBP/USD bearish again as upside bias reverses
Jan 27, 2016 16:20 pm UTC| Technicals
The GBP/USD has resumed its bearish trend, as the sterling was back under bearish pressure after European stock markets declined. The pair is all set to move in quick succession towards 1.4150 levels in the near...
Jan 27, 2016 15:40 pm UTC| Technicals
Gold has slipped lower on Wednesday as investors remained cautious ahead of Federal Reserves first policy statement of the year which is expected to throw some light on further US rate hike. Currently the yellow...