
FxWirePro: Use AUD/JPY rallies to speculate but shorts for long term investments
Jun 21, 2016 06:23 am UTC| Technicals
During convincing rallies of AUDJPY, the current prices have jumped above 7DMA. Weve traced out an inverted hammer candle pattern at 76.947 levelwhich is bullish in nature. As a result of this pattern, we could also...

FxWirePro: Go long on EUR/SEK around 9.3290 with stop loss at 9.2928 and target of 9.3727
Jun 21, 2016 06:09 am UTC| Technicals
EUR/SEK is currently trading around 9.3319 levels. It made intraday high at 9.3363 and low at 9.3145 levels. Intraday bias remains bullish till the time pair holds key support at 9.2928 marks. A daily close...

FxWirePro: USD/JPY above 104 handle, finds strong resistance at 104.50
Jun 21, 2016 05:35 am UTC| Technicals
Offered tone around the JPY strengthened on account of the drop in the Brexit bets. The latest Brexit polls once again showed an overall lead for Remain group. USD/JPY edges higher from lows of 103.58 to hit session...

FxWirePro: USD/INR opens lower at 67.40, faces strong support at 67.32
Jun 21, 2016 05:14 am UTC| Technicals
USD/INR is currently trading around 67.46 marks. It made intraday high at 67.47 and low at 67.37 marks. Intraday bias remains bullish till the time pair holds key support at 67.32 marks. Key resistances are...

FxWirePro: EUR/GBP halts 3-day losing streak, edges above 0.77 handle
Jun 21, 2016 05:07 am UTC| Technicals
The latest Brexit polls once again showed an overall lead for Remain group. Results were mixed, 2 out of 3 Brexit polls put the Remain camp in the fore-front. EUR/GBP halts 3-day losing streak and edges higher to hit...

FxWirePro: Silver remains well supported above $17.42 mark, Fed chair Yellen testifies in focus
Jun 21, 2016 04:18 am UTC| Technicals
XAG/USD is currently trading around $17.45 marks. It made intraday high at $17.56 and low at $17.42 levels. Intraday bias remains neutral till the time pair holds initial support at $17.42 marks. A sustained...

FxWirePro: AUD/USD slightly lower after RBA minutes, finds strong support at 0.7435
Jun 21, 2016 03:09 am UTC| Technicals
The Reserve Bank of Australia released minutes of the June RBA meeting when interest rates were held unchanged at 1.75%. Aussie remained little changed after the RBA minutes release. The Board judged that unchanged...