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FxWirePro: USD/CNY stabilises above 6.68 mark, PBOC sets yuan mid-point at 6.6843

Jul 11, 2016 06:52 am UTC| Technicals

USD/CNY is currently trading around 6.6877 marks. It made intraday high at 6.6882 and low at 6.6805 levels. Intraday bias remains bullish till the time pair holds key support at 6.6448 levels. On the top...

FxWirePro: GBP/JPY takes support at 128.602, but traces of substantiation for reversal by other indicators – “CPS” for certain yields

Jul 11, 2016 06:22 am UTC| Technicals

Although the pair has taken trendline support at 128.602 but likely to test the resistances at 7DMA levels (i.e. 132.3916 levels). After the bears managed to push below 21DMA, the current prices have drifted...

FxWirePro: Silver falls below $20.30 mark, good to buy on dips

Jul 11, 2016 06:09 am UTC| Technicals

XAG/USD is currently trading around $20.34 marks. It made intraday high at $20.65 and low at $20.23 levels. Intraday bias remains bullish till the time pair holds key support at $19.88 marks. A daily close...

FxWirePro: EUR/USD downside intact below 200-DMA at 1.1093, good to go short on rallies

Jul 11, 2016 05:46 am UTC| Technicals

EUR/USD now trades almost unchanged at 1.1045, bears extend control post-NFP release. Price action in the pair remains below 200-DMA at 1.1093, intraday bias bearish. Upside finds stiff resistance at 1.120...

FxWirePro: Indian rupee appreciates sharply against US dollar, faces strong support at 66.90 mark

Jul 11, 2016 05:29 am UTC| Technicals

USD/INR is currently trading around 67.10 marks. It made intraday high at 67.13 and low at 67.05 marks. Intraday bias remains bearish till the time pair holds initial resistance at 67.16 marks. Key...

FxWirePro: USD/CAD breaks above 100-DMA, good to buy on dips

Jul 11, 2016 04:30 am UTC| Technicals

USD/CAD jumped to a high of 1.3090 on Friday before trimming gains to end the day at 1.3036 levels. The pair has broken major resistance at 1.3000 (100-DMA), scope for further gains on charts. Oil edges lower on...

FxWirePro: AUD/NZD fails to fall below 1.03 mark, bias remains neutral

Jul 11, 2016 04:00 am UTC| Technicals

AUD/NZD is trading around 1.0370 marks. Pair made intraday high at 1.0377 and low at 1.0351 marks. Intraday bias remains neutral for the moment. On the top side, a sustained close above 1.0450 will drag the...

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