
CHF/JPY faces strong support at 110.20, break below targets 108.80/108
Jun 02, 2016 06:25 am UTC| Technicals
Pattern Formed- M-Shaped Pattern Major support- 110.20 (24 th May low) The pair has almost formed a double top around 112.50 and started to decline from that level. It has made a low of 110.27 at the time of...

FxWirePro: Gold almost flat around $1215, intraday bias remains neutral
Jun 02, 2016 06:15 am UTC| Technicals
XAU/USD is currently trading around $1215 marks. It made intraday high at $1215 and low at $1211 marks. Intraday bias remains neutral till the time pair holds key resistance at $1220 marks. A daily close...

FxWirePro: Possible 'Bearish Cypher' on NZD/USD dailies
Jun 02, 2016 06:05 am UTC| Technicals
New Zealand economy is looking solid and yesterday terms of trade saw a 4.4% rise, which is one of many fundamentals. RBNZs meeting next week (which will be accompanied by a full Monetary Policy Statement) is a major...

Jun 02, 2016 05:57 am UTC| Technicals
Bears have managed to push prices southwards below DMAs after 3 weeks of whipsaws on DMAs (daily charts). The current dips are intensified as the momentum is confirmed by leading oscillators at the moment. Bears...

FxWirePro: XAG/USD hovers around $15.95 mark, good to buy on dips
Jun 02, 2016 05:47 am UTC| Technicals
XAG/USD is currently trading around $15.98 marks. It made intraday high at $15.98 and low at $15.89 levels. Intraday bias remains bullish till the time pair holds key support at $15.88 marks. A daily close...

Gold trades in narrow range, market awaits ECB for further direction
Jun 02, 2016 05:24 am UTC| Technicals
Major resistance- $1226 (10 day EMA) The yellow metal has jumped after making a low of $1205 yesterday. It is currently trading at $1215. Market awaits ECB policy decision today for further direction. ECB is...

FxWirePro: NZD/JPY capped below 50-DMA, bias lower
Jun 02, 2016 05:13 am UTC| Technicals
NZD/JPY extends downside after rejection at channel top by 75.45. The pair hit session lows at 74.18 and is currently trading around 74.41 levels. 50-DMA weighs on the upside, bearish invalidation only on break...