
FxWirePro: USD/ZAR hovers around key resistance at 13.96 mark, consistent close above targets 14.17
Dec 19, 2016 07:12 am UTC| Technicals
USD/ZAR is currently trading around 13.97 levels. It made intraday high at 14.06 and low at 13.93 levels. Intraday bias remains bullish till the time pair holds key support at 13.88 marks. A daily close...

FxWirePro: AUD/JPY breaks trendline support at 86, good to go short on rallies
Dec 19, 2016 06:33 am UTC| Technicals
AUD/JPY breaks major trendline support at 86, remains capped below 5-DMA. Technical studies have turned bearish. We see scope for test of 20-DMA at 84.93. Violation there could see drag upto 81 levels. RSI and...

FxWirePro: Prefer to go short on XAG/USD around $16.10 with stop loss at $16.24 and target of $15.89
Dec 19, 2016 06:25 am UTC| Technicals
XAG/USD is currently trading around $16.09 marks. It made intraday high at $16.19 and low at $16.02 levels. Intraday bias remains bearish till the time pair holds key resistance at $16.24 levels. A daily...

FxWirePro: Gold faces strong resistance at 5- day MA, good to sell on rallies
Dec 19, 2016 06:14 am UTC| Technicals
Gold gained mildly from the ten months low of $1122. The yellow metal jumped till $1141.25 yesterday .It is currently trading around $1139.72. Gold has shown a slight jump but upside will capped by 10- day MA due to...

Dec 19, 2016 06:02 am UTC| Technicals
The shooting star pattern is traced out at peaks of rallies, at 86.067 on weekly and at 86.933 levels on daily terms. Expect more dips as shooting star evidences slumps that break support below 86.379 and 7-DMA. RSI...

FxWirePro: NZD/USD holds minor support at 0.6955, break below will see further downside
Dec 19, 2016 05:50 am UTC| Technicals
Upbeat ANZ business confidence data for Dec offering the kiwi a slight boost. NZD/USD holds minor trendline support at 0.6955 to edge higher. We see a spinning top formation, bulls struggling to extend...

FxWirePro: Indian rupee marginally higher against U.S. dollar, bias remains neutral
Dec 19, 2016 05:35 am UTC| Technicals
USD/INR is currently trading around 67.72 marks. It made intraday high at 67.85 and low at 67.71 marks. Intraday bias remains neutral till the time pair holds key resistance at 67.90 mark. Key resistances...