
FxWirePro: USD/JPY rejected at session highs at 104.38, short break below 104
Oct 26, 2016 06:48 am UTC| Technicals
USD/JPY unable to hold gains above 104 handle, edges lower from session highs at 104.38. Finds major trendline support at 104, break below could see drag upto 103.50. Cautious sentiment around equity markets...

Oct 26, 2016 06:41 am UTC| Technicals
The shooting star appears at peaks, testing resistance at 104.328, failure swings may evidence slumps, else break-out above to drag rallies. But we have no substantiation from any leading indicators, neither from...

Oct 26, 2016 06:27 am UTC| Technicals
XAG/USD is currently trading around $17.77 marks. It made intraday high at $17.84 and low at $17.70 levels. Intraday bias remains bullish till the time pair holds immediate support at $17.33 marks. A daily...

FxWirePro: Gold jumps slightly on festive demand, good to buy above $1280
Oct 26, 2016 06:21 am UTC| Technicals
Major resistance- $1280 (trend line joining $1273.35 and $1274.50) Major intraday Support - $1250 Gold breaks minor resistance around $1275 and jumped slightly till $1276.67 on account demand in India due to...

FxWirePro: NZD/USD trades a narrow range, finds stiff resistance at 100-DMA (0.7190)
Oct 26, 2016 06:19 am UTC| Technicals
NZD/USD trades a narrow range into the European session. The pair finds major resistance around 0.7166 levels which is nearly converged 520-day MAs. Kiwi failed to benefit from strong gains seen in its OZ...

FxWirePro: USD/CNY hovers around 6.7700 mark, PBOC sets yuan mid-point at 6.7705
Oct 26, 2016 05:40 am UTC| Technicals
USD/CNY is currently trading around 6.7705 marks. It made intraday high at 6.7780 and low at 6.7684 levels. Intraday bias remains neutral till the time pair holds key resistance at 6.7805 marks. On the top...

Oct 26, 2016 05:39 am UTC| Technicals
AUD/NZD forms Inverted Head Shoulders pattern on daily charts. The pair has broken major 200-DMA resistance at 1.0710, bias remains higher. Technicals support upside in the pair, Stochs and RSI are biased...