
FxWirePro: GBP/JPY faces trend line resistance at 139.30, good to sell on rallies
Jul 28, 2016 06:21 am UTC| Technicals
Major resistance- 139.30 (trend line joining 142.39 and 139.90). The pair has recovered sharply after making a low of 135.96. It is currently trading around 137.90. Short term trend is slightly bearish as long as...

FxWirePro: USD/ZAR hits fresh weekly low at 14.18, bias remains bearish
Jul 28, 2016 06:18 am UTC| Technicals
USD/ZAR is currently trading around 14.20 levels. It made intraday high at 14.26 and low at 14.18 levels. Intraday bias remains bearish for the moment. A daily close above 14.36 will take the parity higher...

Gold trades slightly well above 21 day MA, jump till $1360 likely
Jul 28, 2016 05:35 am UTC| Technicals
Major resistance - $1338 (21 day MA) The yellow metal has made a high of $1342 yesterday after breaking short term resistance $1325 (200 HMA). It is currently trading around $1339. Any short term weakness can be...

Gold trades slightly well above 21 day MA, jump till $1360 likely
Jul 28, 2016 05:30 am UTC| Technicals
Major resistance - $1338 (21 day MA). The yellow metal has made a high of $1342 yesterday after breaking short term resistance $1325 (200 HMA). It is currently trading around $1339. Any short term weakness can be...

FxWirePro: USD/INR hits fresh 2-week low at 66.99, faces strong support at 66.85
Jul 28, 2016 05:18 am UTC| Technicals
USD/INR is currently trading around 67.05 marks. It made intraday high at 67.06 and low at 66.99 marks. Intraday bias remains bearish till the time pair holds immediate resistance at 67.34 marks. Key...

FxWirePro: Momentum studies on NZD/USD bullish, good to go long on dips
Jul 28, 2016 05:05 am UTC| Technicals
NZD/USD is extending upside for the 3rd consecutive session. Techs favour upside, momentum studies are bullish, we see scope for further gains. Pair has bounced off lower Bollinger Band (July 21) and has held...

FxWirePro: USD/JPY slips below 105 handle, bias lower, good to sell on rallies
Jul 28, 2016 04:18 am UTC| Technicals
USD/JPY slips below 105 handle, intraday bias lower. The pair has broken major trendline support at 105.27 on the 4H charts, trades below the 20-SMA. Price action was rejected at highs - hammer formation on 4H,...