
FxWirePro: Gold fails to break key resistance at $1242, good to buy on dips
Apr 08, 2016 02:33 am UTC| Technicals
XAU/USD is currently trading around $1237 mark. It made intraday high at $1240 and low at $1235 levels. Federal Reserve Board Chair Janet Yellen said Thursday the central bank remains on track to gradually raise...

FxWirePro: Nikkei225 faces strong support around 15000, good to buy at dips
Apr 08, 2016 02:20 am UTC| Technicals
Major Support - 15000 (200 W MA) Major resistance - 16420 (7 W EMA) The index has made a low of 15323 and recovered till from that level. It is currently trading around 15658.Short term trend is slightly bullish...

FxWirePro: Japanese Yen falls slightly despite better than expected current account data
Apr 08, 2016 01:09 am UTC| Technicals
USD/JPY is currently trading around 108.65 marks. It made intraday high at 108.81 and low at 108.06 levels. Today Japan released current account data with positive numbers. The current account surplus...
FxWirePro: EUR/USD stuck in range but outlooks remains bearish
Apr 07, 2016 19:03 pm UTC| Technicals
The EUR/USD pair inched higher towards 1.1398 levels gaining back the losses suffered in the earlier session in the early American session following soft US jobs data. The US Jobless data came out mixed, initial...
FxWirePro: Gold rallies towards 1255 on weak dollar after Fed remains cautious over rates
Apr 07, 2016 17:16 pm UTC| Technicals
Gold has inched higher on Thursday as demand for yellow metal was boosted after yesterdays dovish Fed statement. The yellow metal jumped 2 percent on the day as the dollar remained under pressure as uncertainty around...
FxWirePro: GBP/USD gains some upside momentum but still strongly bearish
Apr 07, 2016 15:07 pm UTC| Technicals
The British pound has recovered some ground against dollar after sharply declining in the European session to hit low at 1.4050. Soft US jobless claims gave the pair a boost during the early American session as continuing...
FxWirePro: AUD/USD hits 1-week low, bias back to downside
Apr 07, 2016 14:29 pm UTC| Technicals
AUD/USD declined sharply on Thursday as Australian dollar was weighed down by decline in commodities prices and the increasing concerns over a global economic slowdown. With a no economic data release scheduled in the...