
Gold face strong support at 200- HMA, break below targets $1250
Oct 28, 2016 07:24 am UTC| Technicals
Major support - $1265 (200- HMA). The yellow metal pared its slight gain made yesterday on account of stronger US dollar and expectations of rate in Dec by Fed. Gold declined sharply till $1266.97.after making a...

FxWirePro: AUD/NZD fails at neckline, slips below 20-DMA. good to short rallies
Oct 28, 2016 07:06 am UTC| Technicals
AUD/NZD failed to break above neckline, is extending downside for second consecutive day. The pair has slipped below major support by 20-DMA at 1.0643. Technical studies are bearish, RSI and Stochs are biased...

FxWirePro: EUR/SEK stabilizes above 9.89 mark after Riksbank says rate cut probability rising
Oct 28, 2016 06:27 am UTC| Technicals
EUR/SEK is currently trading around 9.8917 levels. It made intraday high at 9.8981 and low at 9.8780 levels. Intraday bias remains bullish for the moment. A daily close above 9.8950 is required to take the...

FxWirePro: EUR/JPY breaks above 100-DMA, good to go long on dips
Oct 28, 2016 06:25 am UTC| Technicals
Fed hike prospects keep USD supported and weigh on the Japaneseyen. Yen markets also appear to have ignored upbeat Japanese CPI figures. EUR/JPY extends upside after breach of 20-DMA resistance on Thursdays...

FxWirePro: 'Shooting star' formed on AUD/CAD daily charts, good to sell rallies
Oct 28, 2016 05:42 am UTC| Technicals
AUD/CAD shows shooting star formation on daily charts. We see scope for correction upto 20-DMA at 1.0078. Violation there could see test of major trendline support at 1.0030. Stochs have rolled over from...

FxWirePro: Silver jumps above $17.70 mark, upside limited
Oct 28, 2016 05:42 am UTC| Technicals
XAG/USD is currently trading around $17.67 marks. It made intraday high at $17.71 and low at $17.57 levels. Intraday bias remains bearish till the time pair holds immediate resistance at $17.87 marks. A...
FxWirePro: ASX200 struggles to close below 200- day MA, good to buy on dips
Oct 28, 2016 05:20 am UTC| Technicals
Major support - 5260 (200- day MA). The index has recovered sharply after breaking slightly below 200- day MA.It is currently trading around 5293. ASX200 breaks below 200- day MA at 5263 and declined till 5260....