
Gold trades well above 21 day MA, targets $1360/$1374
Aug 01, 2016 04:58 am UTC| Technicals
Major resistance - $1327 (200 H MA) The yellow metal has broken a minor resistance $1345 and jumped till $1354 on Friday. It is currently trading around $1350. Any short term weakness can be seen only below $1327...

FxWirePro: USD/INR opens marginally higher at 66.68, good to sell on rallies
Aug 01, 2016 04:46 am UTC| Technicals
USD/INR is currently trading around 66.72 marks. It made intraday high at 66.80 and low at 66.68 marks. Intraday bias remains bearish till the time pair holds immediate resistance at 66.85 marks. Key...

FxWirePro: USD/JPY rebounds from lows on upbeat Chinese data, good to go long on dips
Aug 01, 2016 04:37 am UTC| Technicals
USD/JPY picked up significant strength and saw a nice rebound from lows of 102 levels. Renewed risk-on wave in the markets following the release of better-than-expected Chinese Caxin manufacturing PMI. Data...

FxWirePro: Taiwanese dollar gains against USD on robust PMI data
Aug 01, 2016 03:57 am UTC| Technicals
USD/TWD is currently trading around 31.73 mark. It made intraday high at 31.93 and low at 31.66 marks. Intraday bias remains bearish till the time pair holds key resistance at 32.12 marks. A sustain close...

ASX200 breaks major resistance 5600, jump till 5700 likely
Aug 01, 2016 02:26 am UTC| Technicals
Major support - 5555 (4H Kijun-Sen) The index has broken major psychological resistance at 5600 and jumped till 5622 at the time of writing. It is currently trading around 5616. Overall trend is bullish as long...

FxWirePro: USD/SGD hovers around 1.34 mark; stay bullish above 1.3430
Aug 01, 2016 02:20 am UTC| Technicals
USD/SGD is currently trading around 1.3405 marks. It made intraday high at 1.3430 and low at 1.3387 levels. Intraday bias remains bullish till the time pair holds key support at 1.3387 marks. A daily close...

Aug 01, 2016 01:48 am UTC| Technicals
USD/KRW is currently trading around 1,112 levels. It made intraday high at 1,113 and low at 1,110 levels. Intraday bias remains bearish for the moment. A sustained close below 1,110 will test key supports at...
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