
FxWirePro: Buy Gold above $1262.25
Oct 14, 2016 05:49 am UTC| Technicals
Major resistance - $1265 (Oct 10th 2016 high). Major support - $1249 (Oct 12th 2016 low). Gold is trading in the narrow range between $1265 and $1249 for the three trading session. It is currently trading around...

Oct 14, 2016 05:42 am UTC| Technicals
XAG/USD is currently trading around $17.41 marks. It made intraday high at $17.48 and low at $17.38 levels. Intraday bias remains bearish till the time pair holds immediate resistance at $17.65 marks. A...

FxWirePro: AUD/USD upside capped at 50-DMA, good to go long on break above
Oct 14, 2016 05:27 am UTC| Technicals
Upbeat China CPI data boosts Aussie, AUD/USD breaks above 7-DMA to retake 0.76 handle. China PPI turned positive for the first time in 55 months, while CPI bettered estimate to print at 1.9%. 50-DMA at 0.7604...

FxWirePro: NZD/USD holds major trendline support at 0.7030, weakness only on break below
Oct 14, 2016 04:59 am UTC| Technicals
NZD/USD fails to break below major trendline support at 0.7030 on Thursdays trade. The major hit highs of 0.7132 before edging lower to currently trade around 0.71 handle. Some upside left intraday, could see...

FxWirePro: USD/TWD rejects key resistance at 31.82, sustained close below targets 31.26
Oct 14, 2016 03:50 am UTC| Technicals
USD/TWD is currently trading around 31.71 marks. It made intraday high at 31.78 and low at 31.61 marks. Intraday bias remains bearish till the time pair holds key resistance at 31.82 marks. A daily close...
FxWirePro:ASX200 takes support at 100-day MA, good to sell on rallies
Oct 14, 2016 03:40 am UTC| Technicals
The index has taken support near 100- day MA and jumped from that level.It is currently trading around 5439. ASX200 is trading well below Tenken-Sen (5453 ) and above Kijun-Sen (5327) in the daily chart.But it should...

FxWirePro:NIKKEI225 takes support at 21-day MA, good to buy on dips
Oct 14, 2016 03:27 am UTC| Technicals
Nikkei225 pared its losses made yesterday and jumped till 16810 at the time of writing.Japanese index has made a low of 16641 yesterday and recovered slightly from that level. It is currently trading around...