
Gold: Trade setup (Buy above 200 HMA)
Jul 27, 2016 05:52 am UTC| Technicals
Major resistance - $1325 (200 HMA) The yellow metal has made a high of $1324.36 yesterday and slightly declined from that level. It is currently trading around $1319.29. Any short term weakness can be seen only...

FxWirePro: USD/ZAR almost flat above 14.30, bias remains neutral
Jul 27, 2016 05:51 am UTC| Technicals
USD/ZAR is currently trading around 14.34 levels. It made intraday high at 14.38 and low at 14.32 levels. Intraday bias remains neutral for the moment. A daily close above 14.46 will take the parity higher...

FxWirePro: AUD/USD erases CPI led gains, slips below 21-DMA, close above needed for upside
Jul 27, 2016 05:28 am UTC| Technicals
Upbeat CPI data pushed AUD/USD to a session high of 0.7566, the pair has since erased gains to slip back to 0.7520 levels. Australia inflation figures for Q2 show a brighter picture. RBA trimmed mean figure bettered...

FxWirePro: AUD/CAD upside halts at major resistance at 0.9970, further upside only on breakout above
Jul 27, 2016 04:49 am UTC| Technicals
AUD/CAD bounce from 200-DMA halts at major resistance at 0.9970, further gains likely only on breakout above. Our previous call...

FxWirePro: USD/INR opens marginally lower at 67.33, intraday bias remains bearish
Jul 27, 2016 04:39 am UTC| Technicals
USD/INR is currently trading around 67.22 marks. It made intraday high at 67.34 and low at 67.21 marks. Intraday bias remains bearish till the time pair holds immediate resistance at 67.41 marks. Key...

FxWirePro: USD/JPY fades spike to 106.54, focus now on PM Abe’s speech
Jul 27, 2016 04:09 am UTC| Technicals Commentary
USD/JPY witnessed wild swings on either side over the last hour on account of Japanese headlines surrounding stimulus package. USD/JPY initially spiked all the way up to 106.54 after news that PM Abe will announce...

FxWirePro: XAG/USD remains well supported above $19.50; stay bullish
Jul 27, 2016 02:46 am UTC| Technicals
XAG/USD is currently trading around $19.59 marks. It made intraday high at $19.63 and low at $19.52 levels. Intraday bias remains bullish till the time pair holds key support at $19.41 levels. A daily close...
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