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FxWirePro: USD/ZAR hovers around 14.00 mark, consistent break below targets 13.70

Oct 18, 2016 07:23 am UTC| Technicals

USD/ZAR is currently trading around 14.02 levels. It made intraday high at 14.15 and low at 14.01 levels. Intraday bias remains bearish till the time pair holds key resistance at 14.32 marks. A daily...

FxWirePro: AUD/NZD edges higher from session lows at 1.0621, downside intact till 200-DMA resistance holds

Oct 18, 2016 07:20 am UTC| Technicals

AUD/NZD fails to hold break below 23.6% Fib at 1.0640, edges higher from session lows at 1.0621. The pair was rejected at major trendline resistance at 1.0765, has slipped below 200-DMA at 1.0712. A decisive...

USD/CAD trades below 1.3100 level, decline till 1.3000 likely

Oct 18, 2016 06:56 am UTC| Technicals

Loonie has trimmed its gain yesterday after weaker US economic data and higher oil prices. The pair declined sharply after showing a jump till 1.31619. USD/CAD breaks major support 1.31000 and declined till 1.30811 at...

FxWirePro: AUD/JPY eyes 200-DMA at 80.17, good to go long on dips

Oct 18, 2016 06:53 am UTC| Technicals

Aussie supported on the back of RBA minutes and Governor Lowes comments. Minutes suggested that the RBA may remain in a wait and see mode in the upcoming meetings. RBAs Lowe noted that the current AUD level is...

FxWirePro: NZD/JPY bulls gain momentum in sideways, upside potential restrained at 74.871, break above likely to drag rallies

Oct 18, 2016 06:51 am UTC| Technicals

This week, the pair takes support at 73.597 levels to bounce back, but stiff resistance seen at 74.871 marks, encourage the short bullish environment but the major downtrend should not be ruled out. The current prices...

FxWirePro: China’s yuan jumps above 6.74 mark, PBOC sets yuan mid-point at 6.7303

Oct 18, 2016 06:30 am UTC| Technicals

USD/CNY is currently trading around 6.7385 marks. It made intraday high at 6.7407 and low at 6.7315 levels. Intraday bias remains bullish till the time pair holds key support at 6.7180 marks. On the top...

FxWirePro: Silver jumps above $17.60 marks; stay bullish

Oct 18, 2016 06:20 am UTC| Technicals

XAG/USD is currently trading around $17.56 marks. It made intraday high at $17.62 and low at $17.39 levels. Intraday bias remains bullish till the time pair holds immediate support at $17.21 marks. A daily...

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