
FxWirePro: USD/CNY hovers around 6.85 mark, PBOC sets yuan mid-point at 6.8572
Jan 23, 2017 07:01 am UTC| Technicals
USD/CNY is currently trading around 6.8511 marks. It made intraday high at 6.8764 and low at 6.8333 levels. Intraday bias remains bearish for the moment. A sustained close above 6.8728 marks will test key...

FxWirePro: USD/ZAR falls below 13.50 mark, sustained close below targets 13.16 mark
Jan 23, 2017 06:42 am UTC| Technicals
USD/ZAR is currently trading around 13.48 levels. It made intraday high at 13.65 and low at 13.47 levels. Intraday bias remains slightly bearish till the time pair holds key resistance at 13.62 mark. A...

FxWirePro: EUR/CAD on track to test 100-DMA at 1.4387, good to go long on dips
Jan 23, 2017 06:26 am UTC| Technicals
EUR/CAD bias bullish after breakout above 50-DMA at 1.4123 on Jan 19th trade. The pair is on track to test 100-DMA at 1.4387, bullish invalidation only on close below 50-DMA. Technical studies support upside in...

FxWirePro: AUD/NZD stuck between 100 and 200-day MAs, breakout to decide further direction
Jan 23, 2017 06:03 am UTC| Technicals
AUD/NZD price action ranges between 100 and 200-day moving averages. The pair trades without clear directional bias, with price action raging within daily Ichi cloud. Breakout on either side required to indicate...

Jan 23, 2017 05:59 am UTC| Technicals
You could observe USDJPY bears extend Fridays price drops after shooting star placed at 114.863 levels (Refer daily charts). To begin 2017 USDJPY dropped vigorously from the highs of 118.608 levels to the current...

FxWirePro: Gold 100 day EMA and Bearish Divergence
Jan 23, 2017 05:58 am UTC| Technicals
Pattern formed- Bearish Divergence (RSI and MACD) Major support - $1199 (10- day MA). Major resistance - $1220 (100- day EMA). The yellow metal has jumped till $1219.60 on Friday on account of weak U.S...

FxWirePro: USD/INR trades in narrow range, intraday bias remains neutral
Jan 23, 2017 05:32 am UTC| Technicals
USD/INR is currently trading around 68.12 marks. It made intraday high at 68.14 and low at 68.02 marks. Intraday bias remains neutral till the time pair holds key support at 67.99 marks. Key resistances are...