
FxWirePro: Gold faces strong support at 55 day EMA, good to sell on rallies
May 26, 2016 05:23 am UTC| Technicals
Major resistance- $1250 (10 day WMA) Major support - $1217 (55 day EMA) Gold has taken support near 55 day EMA and started to jump for that level. It is currently trading around $1229. On the higher side...

FxWirePro: USD/INR rejects key support at 67.26, good to buy on dips
May 26, 2016 05:07 am UTC| Technicals
USD/INR is currently trading around 67.36. It made intraday high at 67.40 and low at 67.28 marks. Intraday bias remains bullish till the time pair holds key support at 67.26 marks. In addition, a daily close...

FxWirePro: USD/JPY finds stiff resistance at 109.95, good to sell rallies
May 26, 2016 04:15 am UTC| Technicals
USD/JPY fell below the 110.00 handle after Masatsugu Asakawas (vice-minister of finance for international affairs) comments that Yen intervention will stay in toolbox. Downside found strong support by risisng...
May 26, 2016 04:14 am UTC| Technicals
AUD/NZD is trading around 1.0729 marks. Pair made intraday high at 1.0733 and low at 1.0663 marks. Today Australia released CAPEX data with negative numbers at -5.2% q/q vs 1.8% q/q previous release. Aussie...

FxWirePro: AUD/USD reverses Capex led slump, retakes the 0.72 handle
May 26, 2016 03:35 am UTC| Technicals
Data released earlier today showed that headline Australian private capex figures came in much weaker than expectations. Q1 Australian capex (private capital expenditure) reading shows a capex of -5.2% q/q vs -3.5%...

FxWirePro: ASX200 struggles to close above 5400, good to buy at dips
May 26, 2016 03:23 am UTC| Technicals
Major resistance - 5400 Major Support - 5293 (21 day MA) ASX200 has made a high of 5403 yesterday . The index has not able hold above 5400 and started to decline from that level. It is currently trading at...

May 26, 2016 02:59 am UTC| Technicals
Major resistance - 16985 (100 day EMA) Major support - 16410 (100 day 4H MA) Nikkei index has jumped till 16985 yesterday and slightly declined from that level. It is currently trading around 16804. Short...