
FxWirePro: Silver faces strong support at $16.88, a sustain break below targets $15.62
Jun 01, 2016 06:09 am UTC| Technicals
XAG/USD is currently trading around $15.98 marks. It made intraday high at $16.05 and low at $15.94 levels. Intraday bias remains bullish till the time pair holds key support at $15.88 marks. A daily close...

FxWirePro: USD/INR remains well supported below key resistance at 67.32, downside limited
Jun 01, 2016 05:33 am UTC| Technicals
USD/INR is currently trading around 67.12. It made intraday high at 67.28 and low at 67.12 marks.. Today India released Nikkei Markit Manufacturing PMI data to 50.7 m/m vs 50.5 m/m previous release. Intraday...

Jun 01, 2016 05:29 am UTC| Technicals
The Aussie dollar jumped as the 1.1% gain in Q1 GDP is a stronger result than forecasted at 0.6% (previous 0.7%) and suggests that the economy is weathering the downturn in mining investment well. Solid consumer spending...

FxWirePro: Gold faces strong resistance at 10 day EMA, good to sell on rallies
Jun 01, 2016 05:15 am UTC| Technicals
Major resistance- $1230 (10 day EMA) The yellow metal has jumped till $1219.81 today morning and started to slightly decline from the level. Golds major resistance around $1230 (10 day EMA) and any slight...

FxWirePro: NZD/USD edges lower from session highs at 0.6813, momentum higher, good to buy dips
Jun 01, 2016 05:11 am UTC| Technicals
NZD/USD hit session highs of 0.6813, but has pared gains to currently trade at 0.6786 levels. US economic data overnight failed to support expectations for a June Fed interest rate hike, weighing on the...

FxWirePro: USD/JPY rangebound, upside intact till 110.34 support holds
Jun 01, 2016 04:32 am UTC| Technicals
US economic data overnight failed to support expectations for a June Fed interest rate hike. USD/JPY hit lows of 110.50 yesterday and remains rangebound in the Asian trade today. Persisting risk-off moods after...

FxWirePro: Gold fails to sustain above key resistance at $1218, good to sell on rallies
Jun 01, 2016 04:16 am UTC| Technicals
XAU/USD is currently trading around $1214 marks. It made intraday high at $1219 and low at $1213 marks. Intraday bias remains bearish till the time pair holds key resistance at $1222 marks. A daily close...