
FxWirePro: EUR/JPY supported at 20-DMA ahead of ECB, bias lower
Sep 08, 2016 05:50 am UTC| Technicals
EUR/JPY halts downside from 55-EMA, holds 20-DMA support at 114.05. Intraday bias is lower, Stoch and RSI biased south. Price action below daily cloud. ECB rate decision due later today along with Draghis presser...

FxWirePro: Gold struggles to break above $1358, good to buy on dips
Sep 08, 2016 05:47 am UTC| Technicals
Major support $1331 (21-day MA). Major support - $1358 The yellow metal has once again slightly retreated till $1341 at the time of writing after making a high of $1352 yesterday. It is currently trading around...

FxWirePro: USD/ZAR fails to drop below 13.90 mark, good to buy on dips
Sep 08, 2016 05:21 am UTC| Technicals
USD/ZAR is currently trading around 14.01 levels. It made intraday high at 14.03 and low at 13.93 levels. Intraday bias remains slightly bullish till the time pair holds major support at 13.90 levels. A...

FxWirePro: EUR/GBP finds strong support at 0.84 (cloud top), focus on ECB policy meet
Sep 08, 2016 05:10 am UTC| Technicals
EUR/GBP has bounced off from major trendline support on Sept 6th trade. We have evidenced formation of successive spinning top and Doji on daily charts at lows which shows fading downside momentum. European...

FxWirePro: USD/INR opens marginally higher at 66.50, faces key resistance at 66.82
Sep 08, 2016 04:38 am UTC| Technicals
USD/INR is currently trading around 66.47 marks. It made intraday high at 66.54 and low at 66.43 marks. Intraday bias remains bearish till the time pair holds immediate resistance at 66.82 marks. Key...

FxWirePro: NZD/USD edges lower from session high at 0.7475, momentum bullish
Sep 08, 2016 04:16 am UTC| Technicals
NZD/USD hit fresh highs at 0.7489 last seen since May 2015 on Wednesdays trade. The major remained capped below 0.7475 in the Asian session today. A slightly upbeat Chinese trade report supports the kiwi....

FxWirePro: AUD/USD trades a narrow range in the Asian session, poor Chinese trade data weighs
Sep 08, 2016 03:56 am UTC| Technicals
The Aussie largely ignored upbeat Australia trade balance data, remained largely muted on the day. Australian trade balance showed that the trade deficit shrank to AUD -2.41bln in July versus AUD -2.70bln expected and...