
USD/CAD trades well below major trend line support, targets 1.2950
Jan 17, 2017 09:53 am UTC| Technicals
Major support 1.3150 (trend line joining 1.24607 and 1.27638). Major resistance -1.31900 Loonie has broken major trend line support at 1.31500 and closed well below that level in weekly chart. It is currently...

FxWirePro:Buy GBP/JPY above trend line resistance
Jan 17, 2017 08:49 am UTC| Technicals
Major resistance 137.65 (trend line joining 138.15 and 137.72). Major support 136.45. The pair has shown huge gap down yesterday on account weakness in GBP. GBP/JPY declined till 136.45 and shown a slight...

FxWirePro: South African rand appreciates against U.S. dollar, upside limited
Jan 17, 2017 07:43 am UTC| Technicals
USD/ZAR is currently trading around 13.56 levels. It made intraday high at 13.67 and low at 13.52 levels. Intraday bias remains bearish till the time pair holds key resistance at 13.72 mark. A daily...

FxWirePro:Sell DAX30 below 11500
Jan 17, 2017 07:32 am UTC| Technicals
Major Resistance 11700 Major intraday support 11500 (Trend line joining 11412 and 11493). DAX formed temporary top around 11695 on Jan 11th 2017 and showing a minor profit booking from that level. The index is...

FxWirePro: USD/CNY hovers around 6.88 mark, PBOC sets yuan mid-point at 6.8992
Jan 17, 2017 07:04 am UTC| Technicals
USD/CNY is currently trading around 6.8839 marks. It made intraday high at 6.9032 and low at 6.8779 levels. Intraday bias remains bearish for the moment. . A sustained close above 6.8985 marks will test key...

Jan 17, 2017 06:32 am UTC| Technicals
Bulls in Bullion continue to shine after breach above 38.2% fib.ret. Trade one touch calls as both leading and lagging oscillators signal more rallies: The gold price has constantly been dragging the rallies ever since...

Gold trades well above $1200, jump till $1234 likely
Jan 17, 2017 06:12 am UTC| Technicals
Major resistance - $1207 (Jan 12th high). Major support - $1189 (7- day EMA). The yellow metal rose to eight week high as Brexit worries increased the demand for safe haven. Gold breaks the recent high of $1207...