
FxWirePro: NZD/JPY breaks above channel top, to see further gains on break above 76.30
Jun 09, 2016 07:35 am UTC| Technicals
Kiwi saw huge gains after RBNZ held rates, NZD/JPY spiked past major resistances: 100-DMA at 75.45, channel top at 75.75. The pair hit 7-week high of 76.29, has erased some of the gains to currently trade at 75.90...

FxWirePro: AUD/CAD bounces off strong trendline support at 0.9463, bias lower
Jun 09, 2016 07:01 am UTC| Technicals
AUD/CAD is holding above strong trendline support currently at 0.9463. Break below needed for further downside. The pair is extending downside from 1-month highs of 0.9545 hit on Tuesday and was rejected at highs by...

FxWirePro: GBP/JPY faces strong support at 154.40, good to buy at dips
Jun 09, 2016 06:58 am UTC| Technicals
Major resistance- 155.40 (hourly Kijun-Sen) Major support 154.40 The pair has made a low of 154.40 yesterday and slightly recovered from that level. It is currently trading around 154.96. GBP/JPY minor...

FxWirePro: USD/ZAR recovers slightly from fresh monthly low, intraday bias remains neutral
Jun 09, 2016 06:39 am UTC| Technicals
USD/ZAR is currently trading around 14.76 levels. It made intraday high at 14.77 and low at 14.71 levels. Intraday bias remains neutral for the moment. A daily close below 14.72 will drag the parity down...

FxWirePro: EUR/USD faces resistance at 161.8% extension, good to sell on rallies
Jun 09, 2016 06:22 am UTC| Technicals
Major resistance -1.14265 (161.8% retracement of 1.13925 and 1.13384) The pair has broken major psychological resistance 1.1400 and made fresh four-week high around 1.14154 at the time of writing. It is currently...

FxWirePro: EUR/AUD holds 100-DMA support, further weakness only on break below
Jun 09, 2016 05:51 am UTC| Technicals
EUR/AUD has taken 100-DMA support at 1.5190 and edged higher to currently trade around 1.5260 levels. Aussie weakness seen after poor Chinese CPI and PPI data earlier today. China CPI data for May came in at...

FxWirePro: Silver hits fresh 3 –week high at $17.20, stay bullish
Jun 09, 2016 05:48 am UTC| Technicals
XAG/USD is currently trading around $17.17 marks. It made intraday high at $17.20 and low at $16.98 levels. Intraday bias remains bullish till the time pair holds key support at $16.98 marks. A daily close...