FxWirePro: Nikkei hits 25 years high, good to buy on dips
Nov 08, 2017 03:34 am UTC| Technicals
Nikkei continuing its winning streak and hits highest level since 1992 at 22999 on account of strong corporate earnings and weak yen. Japanese company has posted a 17% pre tax profits for year ending Mar 2018 compared to...
FxWirePro: USD/THB moves in rigid boundaries, bias remains neutral
Nov 08, 2017 02:45 am UTC| Technicals
USD/THB is currently trading around 33.14 marks. It made intraday high at 33.14 and low at 33.12 marks. Intraday bias remains neutral till the time pair holds immediate support at 33.10 mark. A daily close...
FxWirePro: Singapore dollar trades almost flat in early Asia, faces strong resistance at 1.3652 mark
Nov 08, 2017 01:52 am UTC| Technicals
USD/SGD is currently trading around 1.3635 marks. It made intraday high at 1.3650 and low at 1.3627 levels. Intraday bias remains neutral till the time pair holds key resistance at 1.3652 mark. A daily close...
FxWirePro: EUR/KRW exhibits range bound movement, bias remains neutral
Nov 08, 2017 01:09 am UTC| Technicals
EUR/KRW is currently trading around 1,290 mark. Pair made intraday high at 1,291 and low at 1,288 levels. Intraday bias remains neutral till the time pair holds key support at 1,288 mark. A sustained close...
FxWirePro: Sell CAD/JPY on rallies
Nov 07, 2017 12:47 pm UTC| Technicals
Major resistance 90.15 (61.8% retracement of 91.63 and 87.78). CADJPY formed minor bottom at 87.78 and started to jump from that level. The pair hits intraday high of 89.73 and started to decline. It is currently...
Nov 07, 2017 12:26 pm UTC| Technicals
On both daily as well as monthly charts, despite the formation of bearish patterns, the bull swings have been evidenced. Yes indeed, the bearish engulfing candle appear at 1.6927 levels, and long-legged doji at 1.7085...
FxWirePro: GBP/JPY takes support near trend line, good to buy on dips
Nov 07, 2017 11:24 am UTC| Technicals
GBP/JPY has formed a minor top around 151.93 and shown decline from that level. The pair dipped till 148.66 and is currently trading around 150.10. The main dip in the previous week was mainly due to BOE dovish rate...
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