FxWirePro: AUD/JPY breaks above 61.8% Fib, scope for test of trendline resistance at 89.45
Jan 04, 2018 05:57 am UTC| Technicals
AUD/JPY has broken consolidation, edges above 61.8% Fib at 88.03, bias higher. The Japanese yen trades marginally lower as manufacturing PMI data fails to match expectations. Data released earlier today showed...
Jan 04, 2018 05:55 am UTC| Technicals
Hanging man pattern candles have occurred at 1.2044, 1.2058, 1.2032, and 1.2027 levels on EURUSD intraday plotting. After these bearish patterns, consequently, the prices slid below 21DMAs, more bearish rout on cards upon...
FxWirePro: Indian rupee strengthens against U.S. dollar on robust services PMI data
Jan 04, 2018 05:40 am UTC| Technicals
USD/INR is currently trading around 63.35 marks. It made intraday high at 63.50 and low at 63.34 marks. Intraday bias remains neutral till the time pair holds key support at 63.30 mark. Key resistances are...
FxWirePro: USD/JPY lifted by upbeat US data, FOMC minutes, finds stiff resistance at 20-DMA (112.92)
Jan 04, 2018 05:29 am UTC| Technicals
US dollar buoyed across the board by upbeat US data and FOMC minutes overnight. U.S. Treasury yields recovered lost ground earlier on the day, helping further upside in the pair to extend its daily gains. U.S....
FxWirePro: Chinese yuan falls despite higher than expected Caixin services PMI data
Jan 04, 2018 04:33 am UTC| Technicals
USD/CNY is currently trading around 6.5074 marks. It made intraday high at 6.5092 and low at 6.5009 levels. Intraday bias remains slightly bullish till the time pair holds key support at 6.4909 mark. A...
FxWirePro:Nikkei trades higher on strong global cues, good to buy on dips
Jan 04, 2018 03:20 am UTC| Technicals
Nikkei breaks psychological resistance at 23000 and jumped till 233342 level. The index was trading almost near to 2017 high of 23423 made on Nov 9th 2017. The major reason for jump in index was mainly due to slight...
Jan 04, 2018 02:59 am UTC| Technicals
USD/JPY is currently trading around 112.65 marks. It made intraday high at 112.77 and low at 112.46 levels. Intraday bias remains bullish till the time pair holds key support at 112.05 marks. A daily close...
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