
FxWirePro: Watch for AUD/CAD breakout above 61.8% Fib (0.9775) for test of 0.99 levels
Jul 07, 2016 06:08 am UTC| Technicals
AUD/CAD is extending its gradual grind higher, as the price action tries to complete a Cup formation. Momentum studies are bullish. RSI strength seen at 64 and MACD is biased higher. Upside currently halts at...

FxWirePro: Gold faces strong support at $1359, good to buy at dips
Jul 07, 2016 05:45 am UTC| Technicals
Major intraday support -$1359 The yellow metal has declined till $1359 yesterday and slightly recovered from that level. It is currently trading around $1367.19. The Intraday trend is slightly bullish as long as...

FxWirePro: Go long on XAG/USD at $20.15 with stop loss at $20.05 and target of $20.48
Jul 07, 2016 05:38 am UTC| Technicals
XAG/USD is currently trading around $20.16 marks. It made intraday high at $20.25 and low at $20.03 levels. Intraday bias remains bullish till the time pair holds key support at $19.83 marks. A sustained...

FxWirePro: USD/JPY struggles at the 101 handle, upside lacks momentum
Jul 07, 2016 05:06 am UTC| Technicals
Yen retraced a part of early gains after Japanese stocks pares losses, USD/JPY attempts to retake the 101 handle. But upside in the pair lacks momentum, USD/JPY struggles at the 101 handle. Pair largely ignores upbeat...

FxWirePro: USD/INR opens at 67.46, faces strong resistance at 67.52 mark
Jul 07, 2016 04:36 am UTC| Technicals
USD/INR is currently trading around 67.42 marks. It made intraday high at 67.46 and low at 67.40 marks. Intraday bias remains bearish till the time pair holds key resistance at 67.52 marks. Key resistances...

FxWirePro: EUR/JPY attempts tepid bounce towards 112 handle, weakness below 111.70
Jul 07, 2016 04:06 am UTC| Technicals
EUR/JPY downside stalled ahead of the mid-point of 111 handle, the pair is attempting to retake the 112 handle. Upside, for now, seems to be capped by 20-SMA on 2 hourly charts, break above could see upside upto...

FxWirePro: USD/SGD fails to sustain above key resistance at 1.3538 mark, good to sell on rallies
Jul 07, 2016 02:57 am UTC| Technicals
USD/SGD is currently trading around 1.3504 marks. It made intraday high at 1.3515 and low at 1.3482 levels. Intraday bias remains bearish till the time pair holds key resistance at 1.3570 levels. A daily...
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