
FxWirePro: USD/ZAR rejects key support at 14.01 mark, stay bullish
Nov 24, 2016 07:42 am UTC| Technicals
USD/ZAR is currently trading around 14.17 levels. It made intraday high at 14.22 and low at 14.10 levels. Intraday bias remains bullish till the time pair holds key support at 14.01 marks. A daily close...

FxWirePro: AUD/JPY finds major resistance at 83.25, break above to target 86.30
Nov 24, 2016 07:15 am UTC| Technicals
AUD/JPY trades with a highly bullish bias, Techs favour further gains. The pair finds major resistance at 83.50 (converged trendlines). Breakout above to see acceleration in upside, next likely bull target...

FxWirePro: USD/CAD downside capped by 23.6% fibo, good to buy on dips
Nov 24, 2016 07:08 am UTC| Technicals
Major resistance 1.3545 (trend line joining 1.35885 and 1.35642) Major support 1.3368 (23.6% retracement of 1.26544 and 1.35885) Loonie formed a temporary bottom around 1.33780 after jumping till 1.35885. The...

FxWirePro: XAG/USD hits fresh 5-month low at $16.15 mark, consistent break below targets $15.88 mark
Nov 24, 2016 06:44 am UTC| Technicals
XAG/USD is currently trading around $16.28 marks. It made intraday high at $16.36 and low at $16.20 levels. Intraday bias remains bearish till the time pair holds immediate resistance at $16.62 marks. A...

Nov 24, 2016 06:36 am UTC| Technicals
Long-legged dojis on themonthly and Shooting star on weekly occurred while bulls shrug-off these bearish patterns to break above major resistances on both time frames. You are probably seeing bull streaks of AUDJPY from...

FxWirePro: NZD/USD intraday bias lower, good to short rallies, target 0.6951
Nov 24, 2016 06:24 am UTC| Technicals
NZD/USD unable to hold gains above 200-DMA, slips lower to break below 61.8% Fib level. The pair has pared some losses to edge higher from session lows at 0.6971, bias lower. Technical studies point to downside...

Gold: Bullish divergence and 161.8% retracement
Nov 24, 2016 06:02 am UTC| Technicals
Major support - $1180 (161.8% retracement of $1337 and $1241.50) Minor resistance- $1200 (3- day EMA) Pattern Formed- Bullish Divergence (MACD and RSI) Gold has broken major pschycological support at $1200...