
Oct 14, 2016 12:54 pm UTC| Technicals Insights & Views
Silver falls tracking gold but in a more volatile fashion Silver prices tracked gold lower but slumped much more dramatically given its illiquid nature to register a fall of more than 5% on Tuesday, trading at its lowest...

Oct 14, 2016 12:45 pm UTC| Technicals
Major resistance-78.75 (trend line joining 82.52 and 80.31). Major support 77.40 (21- day MA). CAD/JPY has taken support near 21- day MA and started to jump from that level. It is currently trading around...

FxWirePro: NZD/JPY breaks above 20-DMA, good to go long on dips
Oct 14, 2016 12:10 pm UTC| Technicals
Antipodeans boosted by upbeat China inflation data, while renewed risk-on keeps JPY subdued. NZD/JPY trades 0.66 percent higher on the day, break 20-DMA resistance at 73.70. Intraday bias higher, technical...

FxWirePro: Buy GBP/USD above 1.2255
Oct 14, 2016 11:50 am UTC| Technicals
Major resistance- 1.2255 (100- HMA and trend line joining 1.23180 and 1.2273). Minor support -1.2200. The pair recovered sharply from the low of 1.2168 and jumped till 1.2255 at the time of writing. It is...

Oct 14, 2016 11:08 am UTC| Technicals
After testing supports at 0.9983 levels, you could see the price bounces above SMAs on intraday charts. Although the upswings could not sustain above resistance, all chances of breach above major resistance. Bullish...

FxWirePro: DAX30 closes above 100- HMA, good to buy on dips
Oct 14, 2016 09:57 am UTC| Technicals
Major resistance- 10547 (100- HMA). Major support - 10350 (61.8% retracement of 10093 and 10806). The index has taken support near 61.8% retracement and started to jump sharply from that level. It is currently...

CAD/JPY breaks trend line resistance at 78.75, targets 80.31/81.85
Oct 14, 2016 08:18 am UTC| Technicals
Major resistance-78.75 (trend line joining 82.52 and 80.31) Major support 77.40 (21- day MA) CAD/JPY has taken support near 21- day MA and started to jump from that level. It is currently trading around...