
FxWirePro: AUD/JPY breaks support at 75.35, good to go short on rallies
Jul 08, 2016 06:22 am UTC| Technicals
AUD/JPY rejected at session highs bt 75.88 , fell back to near 75 levels and is threatening to dip further into the red. Yen on the rise, while bearish iron ore forecasts for 2016/17 by Australian government hurt...

FxWirePro: Silver faces strong resistance at $20.06, daily close above targets $20.48
Jul 08, 2016 06:12 am UTC| Technicals
XAG/USD is currently trading around $19.68 marks. It made intraday high at $19.75 and low at $19.58 levels. Intraday bias remains bullish till the time pair holds key support at $19.44 marks. A daily close...

FxWirePro: EUR/JPY forms inverted saucer, more bearish swings on cards
Jul 08, 2016 06:07 am UTC| Technicals
Widened BB means more volatility in downswings, Bears manage prices to stay below DMAs and break below channel support on weekly terms. Any deceptive rallies would be suppressed by active bears, upswings perceived as...

GBP/JPY faces strong support at 129.80, break below targets 128.60/126.55
Jul 08, 2016 05:59 am UTC| Technicals
Major resistance -132 (90 H EMA) Major support 129.80 (trend line joining 128.60 and 129.57) The pair has retreated sharply after making a high of 131.97. It is currently trading around 130.03. GBP/JPY have...

FxWirePro: USD/INR opens at 67.47, fails to break key support at 67.32 mark
Jul 08, 2016 05:10 am UTC| Technicals
USD/INR is currently trading around 67.47 marks. It made intraday high at 67.50 and low at 67.44 marks. Intraday bias remains neutral till the time pair holds key resistance at 67.52 marks. Key resistances...

FxWirePro: AUD/USD rejected at highs, slips below 0.75 handle, bias lower
Jul 08, 2016 05:08 am UTC| Technicals
AUD/USD rejected at session high by 0.75, slips below the 0.75 handle to currently trade around 0.7495. Aussie extends weakness after Australian government revised its 2016 and 2017 iron ore price forecasts...

US Oil breaks major support $45.80, decline till $43 is possible
Jul 08, 2016 04:35 am UTC| Technicals
Major support - $45.80 (Jun 27th low) Major intraday resistance- $46.54 (hourly Kijun-Sen) US Oil has broken major support $45.80 yesterday and declined till $44.86 after weaker than expected US crude oil...