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XAU/USD hovers around major resistance at $1127 levels

Feb 02, 2016 04:56 am UTC| Technicals

Pair is currently trading at $1126 levels. It made intraday high at $1130 and low at $1124 levels. If pair hold and made daily close above $1127 levels then next likely level is $1152. Alternatively,...

FxWirePro: AUD/USD fades post-RBA spike, slips below 0.71 handle, good to buy dips

Feb 02, 2016 04:14 am UTC| Technicals

AUD/USD spiked to hit days high at 0.7129 after Aussie bulls bolstered by RBAs rates-on hold decision. However, the spike was quickly sold off and the pair is now below the 0.71 handle, currently trading at...

AUD/USD intraday outlook

Feb 02, 2016 03:27 am UTC| Technicals

Pair is currently supported around $0.7100 levels. It made intraday high at $0.7115 and low at $0.7092 levels. Intraday outlook is bearish below $0.7041 levels. RBA rate decision will be out within few...

Major Asian Indices Technicals

Feb 02, 2016 02:47 am UTC| Technicals

Hang Seng: Hang Seng has once again broken major resistance 19500 and jumped till 19607 at the time of writing. It is currently trading around 19635. Short term trend is still bullish as long as support 19200...

FxWirePro: EUR/USD key resistance at 1.0940, sell deals are recommended around 1.0930

Feb 01, 2016 19:41 pm UTC| Technicals

Euro has gained some ground against dollar by reaching as high as 1.0906 levels in the late US session on the view that Federal Reserve would not be able to hike interest rates quickly as forecasted this year following...

FxWirePro: USD/CHF rebounds from 1.0150 levels, critical resistance lies ahead

Feb 01, 2016 16:46 pm UTC| Technicals

The USD/CHF declined from 1.0231 levels, erasing Fridays gains, after ISM Manufacturing data released from the US market printed positive figures. Data released in the US was worse than expectations, as ISM Manufacturing...

FxWirePro: USD/CAD downtrend loses steam, outlook bullish

Feb 01, 2016 15:40 pm UTC| Technicals

The USD/CAD gained some ground on Tuesday, as oil prices plummeted towards 34$ per barrel. Oil prices plunged nearly five percent on Monday as weak economic data from China the largest consumer of energy resources,...

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