
FxWirePro: EUR/AUD holds 100-DMA support, further weakness only on break below
Jun 09, 2016 05:51 am UTC| Technicals
EUR/AUD has taken 100-DMA support at 1.5190 and edged higher to currently trade around 1.5260 levels. Aussie weakness seen after poor Chinese CPI and PPI data earlier today. China CPI data for May came in at...

FxWirePro: Silver hits fresh 3 –week high at $17.20, stay bullish
Jun 09, 2016 05:48 am UTC| Technicals
XAG/USD is currently trading around $17.17 marks. It made intraday high at $17.20 and low at $16.98 levels. Intraday bias remains bullish till the time pair holds key support at $16.98 marks. A daily close...

FxWirePro: Gold trades higher on weak dollar, good to buy at dips
Jun 09, 2016 05:29 am UTC| Technicals
Major Support - $1242 (21 day EMA) Gold has broken major resistance $1256 (trend line joining $1303 and $1288) and jumped till $1266 at the time of writing. It is currently trading around $1261.8. Short term...

Jun 09, 2016 05:17 am UTC| Technicals
Aussie dollar has been absolutely vulnerable against Kiwi dollar owing to RBNZs monetary policy decision which has remained unchanged, OCR at 2.25%. Both RSI stochastic leading oscillators are supportive to the...

FxWirePro: AUD/USD unable to hold above 0.75 handle, breaks support at 0.7472, good to sell rallies
Jun 09, 2016 05:01 am UTC| Technicals
AUD/USD rejected at session highs by 0.7504, edges lower after poor Chinese CPI and PPI numbers dents Aussie bulls. China CPI data for May came in at +2.0% y/y versus +2.2% expected and against +2.3% previous, while...

FxWirePro: USD/INR opens higher at 66.53, intraday bias remains bullish
Jun 09, 2016 05:00 am UTC| Technicals
USD/INR is currently trading around 66.63. It made intraday high at 66.63 and low at 66.53 marks. Intraday bias remains bullish till the time pair holds key support at 66.48 marks. A sustained break below...

FxWirePro: NZD/USD spikes above 0.71 handle as RBNZ stays pat, 0.72 levels in sight
Jun 09, 2016 04:13 am UTC| Technicals
Kiwi spiked over 100 pips to hit yearly high of 0.7138 after RBNZ held rates at 2.25%. NZD/USD broke through the double top at 0.7054 (Apr 19th and May 3rd), we see scope for further upside. With Fed delaying...