
Dec 26, 2016 06:32 am UTC| Technicals
AUD/CAD is extending range trade below 61.8% Fib at 0.9734. Bias lower as long as trendline resistance at 0.9740 holds. Price action in the pair remains below major moving averages. That said, momentum...

FxWirePro: AUD/USD finds strong support at 0.7145, break below could see further drag
Dec 26, 2016 06:03 am UTC| Technicals
AUD/USD edges higher from multi-month lows of 0.7159. Upside finds strong resistance by 5-DMA at 0.7215. Technical indicators are biased lower, RSI in oversold territory. The pair finds strong support at...

Gold trades in narrow range in Holiday Mood, good to stay away from market
Dec 26, 2016 05:34 am UTC| Technicals
Gold is trading in narrow range between $1122 and $1142 for the past four trading session on account of Christmas holidays. The yellow metal formed a minor top around $1142 and is currently trading around $1130. Gold...

FxWirePro: NZD/USD edges higher from fresh 6-month lows at 0.6862, capped below 5-DMA at 0.6897
Dec 26, 2016 05:11 am UTC| Technicals
NZD/USD attempts feeble recovery from fresh 6-month lows at 0.6862. The pair was rejected at 0.69 handle, retraces gains to currently trade around 0.6889. Overall momentum in the pair remains negative, upbeat...

FxWirePro: AUD/CHF breaks below 200-DMA support, stay short
Dec 26, 2016 04:20 am UTC| Technicals
AUD/CHF has broken below 200-DMA support at 0.7375. Momentum studies are bearish we see scope for further downside. Support levels - 0.7342 (Sept 30 low), 0.7277 (Aug 19 low), 0.7245 (trendline) Resistance...

FxWirePro: USD/TWD stabilizes above 32.00 mark, bias remains neutral
Dec 26, 2016 03:20 am UTC| Technicals
USD/TWD is currently trading around 32.11 marks. It made intraday high at 32.22 and low at 32.05 marks. Intraday bias remains neutral for the moment. A daily close above 32.15 will drag the parity up towards...

FxWirePro:NIkkie225 takes support at 10- day MA, good to buy on dips
Dec 26, 2016 03:13 am UTC| Technicals
Nikkei225 is trading in narrow range between 19653 and 19318 on low volumes due to Christmas holiday. The index shown a dip till 19318 and slightly recovered from that level. It is currently trading around 19431 0.03%...