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FxWirePro: USD/JPY supported by daily cloud at 103.51, good to go long on dips

Oct 18, 2016 06:12 am UTC| Technicals

USD/JPY has recovered from session lows at 103.74, is attempting to retake the 104 handle. The pair finds major support by daily cloud at 103.51, we see weakness only on break below. The major is consolidating...

Gold faces strong resistance at $1265, break above targets $1278

Oct 18, 2016 05:53 am UTC| Technicals

Major resistance- $1265 (Oct 7th high). Major intraday Support - $1250 Gold jumped slightly once again after declining till $1250 level. It is currently trading around $1258.58. On the higher side, major...

FxWirePro: USD/INR exhibits range bound movement, bias remains neutral

Oct 18, 2016 05:16 am UTC| Technicals

USD/INR is currently trading around 66.70 marks. It made intraday high at 66.78 and low at 66.70 marks. Intraday bias remains bearish till the time pair holds immediate resistance at 66.87 marks. Key...

FxWirePro: USD/TWD remains well supported below key resistance at 31.84, good to sell on rallies

Oct 18, 2016 04:41 am UTC| Technicals

USD/TWD is currently trading around 31.71 marks. It made intraday high at 31.80 and low at 31.64 marks. Intraday bias remains bearish till the time pair holds key resistance at 31.84 marks. A daily close...

FxWirePro: AUD/USD breaks above 20-DMA, intraday bias higher, stay long

Oct 18, 2016 04:33 am UTC| Technicals

AUD/USD hits fresh two-week highs at 0.7675, on track to test 0.77 levels. Aussie extends gains as markets digest the latest RBA meeting minutes and Governor Lowes comments. Minutes suggested that the RBA may...

FxWirePro:Nikkei225 recovers after making a low of 16641, good to buy on dips

Oct 18, 2016 02:58 am UTC| Technicals

Nikkei225 made a small jump till 16936 after making a low of 16646 on Oct 13th 2016. Japanese index has made a temporary top around 17062 on Oct 11th high. It is currently trading around 16901. Technically in the...

FxWirePro: USD/THB breaks key support at 35.22, sustained close below targets 34.77

Oct 18, 2016 02:47 am UTC| Technicals

USD/THB is currently trading around 35.19 marks. It made intraday high at 35.25 and low at 35.12 marks. Intraday bias remains bearish for the moment. On the top side key resistances are seen at 35.45, 35.67,...

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