
FxWirePro: South African rand strengthens against U.S. dollar, faces major support at 14.17
Sep 06, 2016 06:44 am UTC| Technicals
USD/ZAR is currently trading around 14.36levels. It made intraday high at 14.40 and low at 14.34 levels. Intraday bias remains bearish till the time pair holds major resistance at 14.68 levels. A daily...

FxWirePro: GBP/JPY faces strong resistance at 138.85, good to buy on dips
Sep 06, 2016 06:35 am UTC| Technicals
Major resistance- 137.95 (trend line joining 138.83 and 138.32). Major support 137.50 (55- H EMA). The pair has taken support near 55- H EMA and jumped from the level. It is currently trading around...

FxWirePro: EUR/GBP trades a narrow range, 55-EMA at 0.8382 caps upside
Sep 06, 2016 06:04 am UTC| Technicals
EUR/GBP is trading a narrow range with a days high of 0.8383 and low of 0.8365. Price action has dipped into daily cloud, upside remains capped by 55-EMA at 0.8382 . Techs are bearish on both daily and weekly...

FxWirePro: EUR/SEK stabilises below 9.55 mark, good to sell on rallies
Sep 06, 2016 05:45 am UTC| Technicals
EUR/SEK is currently trading around 9.5425 levels. It made intraday high at 9.5494 and low at 9.5357 levels. Intraday bias remains bearish till the time pair holds key resistance at 9.5610 marks. A daily...

Gold faces strong resistance at 21-day MA, break above targets $1342/$1348
Sep 06, 2016 05:42 am UTC| Technicals
Major resistance $1332 (21-day MA). Major support - $1321 (55- day EMA). The yellow metal has taken support near 90-day EMA and recovered sharply from the low of $1302.61. It is currently trading around...

FxWirePro: AUD/USD slightly weaker on RBA's status-quo, finds strong support at 0.7615 (20-DMA)
Sep 06, 2016 05:23 am UTC| Technicals
RBAs rate decision was largely a non-event, AUD/USD failed at weekly highs, slips lower to hover around 20-DMA support at 0.7615. RBA left the cash rate unchanged at a record low of 1.5% earlier today. Downside...

FxWirePro: USD/INR hits fresh 4-month low at 66.40; stay bearish
Sep 06, 2016 05:05 am UTC| Technicals
USD/INR is currently trading around 66.50 marks. It made intraday high at 66.59 and low at 66.42 marks. Intraday bias remains bearish till the time pair holds immediate resistance at 66.82 marks. Key...