
USD/CAD trades below 1.3100 level, decline till 1.3000 likely
Oct 18, 2016 06:56 am UTC| Technicals
Loonie has trimmed its gain yesterday after weaker US economic data and higher oil prices. The pair declined sharply after showing a jump till 1.31619. USD/CAD breaks major support 1.31000 and declined till 1.30811 at...

FxWirePro: AUD/JPY eyes 200-DMA at 80.17, good to go long on dips
Oct 18, 2016 06:53 am UTC| Technicals
Aussie supported on the back of RBA minutes and Governor Lowes comments. Minutes suggested that the RBA may remain in a wait and see mode in the upcoming meetings. RBAs Lowe noted that the current AUD level is...

Oct 18, 2016 06:51 am UTC| Technicals
This week, the pair takes support at 73.597 levels to bounce back, but stiff resistance seen at 74.871 marks, encourage the short bullish environment but the major downtrend should not be ruled out. The current prices...

FxWirePro: China’s yuan jumps above 6.74 mark, PBOC sets yuan mid-point at 6.7303
Oct 18, 2016 06:30 am UTC| Technicals
USD/CNY is currently trading around 6.7385 marks. It made intraday high at 6.7407 and low at 6.7315 levels. Intraday bias remains bullish till the time pair holds key support at 6.7180 marks. On the top...

FxWirePro: Silver jumps above $17.60 marks; stay bullish
Oct 18, 2016 06:20 am UTC| Technicals
XAG/USD is currently trading around $17.56 marks. It made intraday high at $17.62 and low at $17.39 levels. Intraday bias remains bullish till the time pair holds immediate support at $17.21 marks. A daily...

FxWirePro: USD/JPY supported by daily cloud at 103.51, good to go long on dips
Oct 18, 2016 06:12 am UTC| Technicals
USD/JPY has recovered from session lows at 103.74, is attempting to retake the 104 handle. The pair finds major support by daily cloud at 103.51, we see weakness only on break below. The major is consolidating...

Gold faces strong resistance at $1265, break above targets $1278
Oct 18, 2016 05:53 am UTC| Technicals
Major resistance- $1265 (Oct 7th high). Major intraday Support - $1250 Gold jumped slightly once again after declining till $1250 level. It is currently trading around $1258.58. On the higher side, major...