
Gold trades weak, market eyes ECB meeting and China data this week
Oct 17, 2016 05:51 am UTC| Technicals
Major resistance - $1264 (200- day MA). Major support - $1240 (Oct 7th 2016 low). Gold jumped slightly after making a low of $1245.80.It is currently trading around $1255.In the daily chart gold closed below 200...

FxWirePro: Indian rupee falls against U.S. dollar, faces strong resistance at 66.87
Oct 17, 2016 05:12 am UTC| Technicals
USD/INR is currently trading around 66.83 marks. It made intraday high at 66.85 and low at 66.68 marks. Intraday bias remains bullish till the time pair holds immediate support at 66.61 marks. Key...

FxWirePro: NZD/USD finds strong support at 0.7080, good to long on dips
Oct 17, 2016 04:59 am UTC| Technicals
NZD/USD edges higher from session lows at 0.7077, intraday bias higher. The pair finds major support at 0.7080 levels, weakness only on break below. Technicals suggest upside in the pair, RSI is biased north and...

AUD/USD hovers around 0.76 handle, edges lower from session highs at 0.7621.
Oct 17, 2016 04:15 am UTC| Technicals
Rising December Fed rate hike bets and devaluation of Yuan by PBOC weighing on AUD/USD. SDR inclusion has not helped strengthen the yuan, PBOC has been weakening the currency via lower daily fix. Technical...

FxWirePro: China’s yuan jumps above 6.73 mark, PBOC sets yuan mid-point at 6.7379
Oct 17, 2016 04:06 am UTC| Technicals
USD/CNY is currently trading around 6.7327 marks. It made intraday high at 6.7340 and low at 6.7278 levels. Intraday bias remains bullish till the time pair holds key support at 6.7055 marks. On the top...

FxWirePro: ASX200 faces strong resistance at 10- day MA, good to sell on rallies
Oct 17, 2016 03:04 am UTC| Technicals
Minor resistance -5465 (10- day MA). The index has once again retreated after making a high of 5467.It is currently trading around 5410. ASX200 faces strong resistance at 10- day MA and any slight bullishness...

FxWirePro: USD/TWD hits fresh 7-week high at 31.83; stay bullish
Oct 17, 2016 03:00 am UTC| Technicals
USD/TWD is currently trading around 31.78 marks. It made intraday high at 31.83 and low at 31.65 marks. Intraday bias remains bullish till the time pair holds key support at 31.45 marks. A daily close above...