
Aug 10, 2016 05:42 am UTC| Technicals
Ever since the appearance of shooting star and gravestone doji at 1.0720 and1.0703 levels respectively, the pair has been experiencing bearish momentum on intraday charts (see 4H charts). The selling momentum is...

FxWirePro: Indian rupee opens marginally lower at 66.75, bias remains bearish
Aug 10, 2016 05:28 am UTC| Technicals
USD/INR is currently trading around 66.72 marks. It made intraday high at 66.77 and low at 66.64 marks. Intraday bias remains bearish till the time pair holds immediate resistance at 67.05 marks. Key...

FxWirePro: Silver sharply higher in early Asian hours - stay bullish
Aug 10, 2016 04:47 am UTC| Technicals
XAG/USD is currently trading around $20.19 marks. It made intraday high at $20.20 and low at $19.81 levels. Intraday bias remains bullish till the time pair holds key support at $19.88 levels. A daily close...

FxWirePro: AUD/USD attempts 0.77 handle, momentum bullish - stay long
Aug 10, 2016 04:42 am UTC| Technicals
Comments from Reserve Bank of Australia (RBA) governor Stevens offered no dovish surprises. AUD/USD remains on the front foot, attempts to retake the 0.77 handle, intraday bias higher. Supports are seen at 0.7652...

FxWirePro: USD/JPY fails to break above 10-DMA at 102, good to sell rallies
Aug 10, 2016 04:09 am UTC| Technicals
USD/JPY intraday bias lower. Upside capped below stiff 10-DMA resistance currently at 102.03. The pair is attempting a recovery towards 101.50 supported by a minor recovery staged by the Asian equities. Sell-off...

Aug 10, 2016 02:49 am UTC| Technicals
USD/KRW is currently trading around 1,097 levels. It made intraday high at 1,102 and low at 1,096 levels. Intraday bias remains bearish till the time pair holds key resistance at 1,117 levels. A sustained...

FxWirePro: AUS200 faces strong resistance at 5600, good to sell on rallies
Aug 10, 2016 02:48 am UTC| Technicals
Major support - 5,560 . The index has slightly retreated after making a high of 5568 yesterday .It is currently trading around 5529 The index is trading slightly below 200 HMA a slight decline till 5460 is...