FxWirePro: China's Yuan trading at 6.8458 mark per U.S. dollar, strongest level since January 2017
May 26, 2017 06:30 am UTC| Technicals
USD/CNY is currently trading around 6.8590 marks. It made intraday high at 6.8671 and low at 6.8458 levels. Intraday bias remains Bearish for the moment. A sustained close above 6.87 marks will test key...
FxWirePro: EUR/JPY struggles at channel top at 126, break below 20-DMA could see further downside
May 26, 2017 06:01 am UTC| Technicals
EUR/JPY struggles to break above at channel top at 126, breaks below 125 handle. JPY bulls buoyed following the release of solid inflation figures released out of Japan earlier today. Japanese inflation rises at...
May 26, 2017 05:42 am UTC| Technicals
USD/INR is currently trading around 64.60 marks. It made intraday high at 64.62 and low at 64.51 marks. Intraday bias remains bullish till the time pair holds key support at 64.40 marks. Key resistances are...
FxWirePro: NZD/USD fails at 100-DMA resistance at 0.7055, good to go short on rallies
May 26, 2017 05:40 am UTC| Technicals
NZD/USD fails at major resistance at 0.7055 (converged trendline and 100-DMA). The pair has slipped below 38.2% Fibo 0.7375 to 0.6818 fall at 0.7030 and is trading at 0.7022 levels. Somewhat less bullish comments...
FxWirePro: USD/JPY capped below cloud top at 111.82, intraday bias neutral
May 26, 2017 04:00 am UTC| Technicals
USD/JPY down over 0.2 pct in Asian trade today, remains capped below daily cloud top at 111.82. JPY bulls buoyed following the release of solid inflation figures released out of Japan earlier today. Japanese...
FxWirePro: USD/TWD trades in narrow range, Taiwan’s revised GDP data in focus
May 26, 2017 03:31 am UTC| Technicals
USD/TWD is currently trading around 30.10 marks. It made intraday high at 30.18 and low at 30.00 marks. Intraday bias remains neutral for the moment. A daily close above 30.07 will drag the parity up towards...
FxWirePro: Thai baht strengthens against U.S. dollar, hits strongest level since July 2015
May 26, 2017 03:03 am UTC| Technicals
USD/THB is currently trading around 34.10 marks. It made intraday high at 34.18 and low at 34.00 marks. Intraday bias remains bearish till the time pair holds key resistance at 34.34 marks. On the top side,...
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