
FxWirePro: USD/ZAR rejects key support at 13.85, upside limited
Oct 19, 2016 06:39 am UTC| Technicals
USD/ZAR is currently trading around 13.92 levels. It made intraday high at 13.93 and low at 13.86 levels. Intraday bias remains bearish till the time pair holds key resistance at 14.15 marks. A daily...

FxWirePro: GBP/JPY faces trend line resistance at 128.20, good to sell on rallies
Oct 19, 2016 06:38 am UTC| Technicals
Major resistance- 128.25 (trend line joining 127.70 and 127.89). Major support- 126.25 GBP/JPY started to decline after jumping till 128.16 level. It is currently trading around 127.32. Short term trend is...

FxWirePro: FxWirePro: AUD/CAD breaks above 20-day MA, intraday bias higher
Oct 19, 2016 06:32 am UTC| Technicals
AUD/CAD breaks major resistance at 1.0035 (trendline and 20-day MA), intraday bias higher. Technical indicators support upside, we see scope for test of 1.0100 levels. RSI and Stochs are biased higher, the pair...

Oct 19, 2016 06:31 am UTC| Technicals
AUDJPY has rejected below resistance at 79.834 levels with a likely gravestone doji formation, currently, the bears have again snapped the recent gains at the same resistance levels. The current upswings have...

Oct 19, 2016 05:50 am UTC| Technicals
AUD/USD struggles to extend gains beyond 0.7690 (major trendline resistance). The pair has edged lower to currently trade around 0.7675 levels. Australian stocks trade positive amid higher Aus bonds and...

FxWirePro: Prefer to go long on XAG/USD around $17.58 with stop loss at 17.29 and target of $17.99
Oct 19, 2016 05:37 am UTC| Technicals
XAG/USD is currently trading around $17.59 marks. It made intraday high at $17.65 and low at $17.57 levels. Intraday bias remains bullish till the time pair holds immediate support at $17.38 marks. A daily...

FxWirePro: Gold struggles to close above 200 –day MA, good to sell on rallies
Oct 19, 2016 05:27 am UTC| Technicals
Major resistance- $1265 (Oct 7th high). Major intraday Support - $1250 Gold jumped till $1264.70 and started to decline slightly from that level. It is currently trading around $1260.58. Gold recovered slightly...