
FxWirePro: USD/JPY hits fresh multi-month lows at 107.07, on track for 106.80
Apr 29, 2016 07:14 am UTC| Technicals
Yen bulls relentless after yesterdays BoJ showdown, where the Bank of Japan announced that it was not loosening policy, largely disappointing markets. Adding to the bearish bias was a subdued US dollar on the back of...

FxWirePro: EUR/GBP extends range trade, ignores lower-than-expected German retail sales
Apr 29, 2016 06:48 am UTC| Technicals
EUR/GBP has been oscillating within a narroe range between 0.7750-0.7800 region since the 25th April. Price action has been contained within the daily cloud and traders indecision seen in the near-term. Data...

FxWirePro: Chinese Yuan gains as PBOC set stronger Yuan reference rate against UD dollar
Apr 29, 2016 06:42 am UTC| Technicals
Pair is currently trading around 6.4670 marks. It made intraday high at 6.4785 and low at 6.4638 levels. Today PBOC set stronger Yuan reference rate against UD dollar than a day earlier. PBOC sets Yuan...

Silver breaks above major resistance at $17.75, break above targets $18.45/$19
Apr 29, 2016 06:37 am UTC| Technicals
Major resistance- $17.75 (May 15th 2015) Silver has broken major resistance at $17.75 and jumped till $17.85 from that level. It is currently trading around $17.69. Short term trend is bullish as long as support...

Apr 29, 2016 06:35 am UTC| Technicals
The recent bounces from second week of this month above 7DMA have now faced major resistance at 162.702 and rejected at this level. As a result, the daily price has now slipped below 7DMA again, and simultaneously the...

FxWirePro: AUD/USD trades with a neutral bias, remains capped below 5-DMA at 0.7664
Apr 29, 2016 06:28 am UTC| Technicals
Surprisingly weak Australian CPI numbers on Wednesday saw sharp slump in AUD/USD. The pair is recovering from post CPI lows at 0.7548 and has edged above the 0.76 handle. Data released earlier today showed...

FxWirePro: Silver hits fresh 15 –month high, good to buy on dips
Apr 29, 2016 06:10 am UTC| Technicals
XAG/USD is currently trading around $17.74 marks. It made intraday high at $17.85 and low at $17.52 levels. Intraday bias remains bullish till the time pair holds immediate support level at $17.52 marks. On...