FxWirePro: AUD/USD rejected at 0.7153, underlying bias remains lower
Aug 26, 2015 11:47 am UTC| Technicals
AUD/USD off from days highs but remains in positive territory despite broad based USD strength The pair could see further corrective rebounds but underlying bias remains lower It remains to be seen if AUD...
FXWirePro: USD/JPY faces strong support around 118, good to buy at dips
Aug 26, 2015 11:31 am UTC| Technicals
RES 4: 121 RES 3 : 120.63 (50% retracement of 125.27 and 116.07) RES 2: 120.30 (Tenken-sen) RES 1:119.50 (7 day 4H EMA) PRICE: 119.56 @11:31 GMT SUP 3 :118.40 (25th Aug low) SUP 4: 118 SUP3:...
Aug 26, 2015 11:03 am UTC| Technicals
EURUSD: EURUSD has recovered till 1.1558 after making a low of 1.1395 yesterday. Overall trend is still bearish has long as short term resistance 1.1620 holds. On the lower side major support is around 1.1395...

Aug 26, 2015 10:59 am UTC| Technicals
GBP/CAD has formed temporary top around 2.0970 and declined till 0. it has recovered till 2.0958 and started to decline from that level. In Asian session the pair has broken short term trend line support 2.088 (trend line...

FxWirePro: Delta risk reversal indicates gold to lose its shine again – option strips for hedging
Aug 26, 2015 10:33 am UTC| Technicals
Delta risk reversal is shifted into red zone again with increased volatility. Gold was fallen to a 5.5 years low of $1,073.53 on 20thJuly amid the Feds speculation of rising interest rates in September for the first time...

FxWirePro: Gold faces short term support around $1130, good to sell on rallies
Aug 26, 2015 10:26 am UTC| Technicals
Gold has breaks short term support $1145 and declined till $1133 from that level. It is currently trading at $1136. Overall trend is still weak as long as resistance $1150 holds. On the downside minor support is around...

FxWirePro: USD/INR trades higher global equity turmoil, good to sell on rallies
Aug 26, 2015 08:56 am UTC| Technicals
USD/INR has made a high 67.03 on Monday after blood bath in Indian stock market. Indian benchmark BSE 30-share Sensitive Index (Sensex) recorded its steep intraday crash since 2009 of more than 1700 points. Indian rupee...