FxWirePro: Nikkei225 trades lower on U.S political uncertainty, good to sell on rallies
May 18, 2017 03:01 am UTC| Technicals
Nikkei index shown a huge decline yesterday on the weakness in U.S equity markets. US equity indices Dow and SP recorded a worst decline since Sep 20161 mounting concerns of Political turmoil in U.S.The New York times...
FxWirePro: Chinese yuan falls as China’s house price data fails to meet expectations
May 18, 2017 02:54 am UTC| Technicals
USD/CNY is currently trading around 6.8871 marks. It made intraday high at 6.8892 and low at 6.8701 levels. Intraday bias remains bullish till the time pair holds key support at 6.8701 marks. A sustained...
FxWirePro: Aussie gains in early Asia on the back of higher than expected employment data
May 18, 2017 02:11 am UTC| Technicals
AUD/NZD is currently trading around 1.0745 marks. Pair made intraday high at 1.0753 and low at 1.0692 marks. Intraday bias remains bullish till the time pair holds key support at 1.0667 marks. A daily close...
FxWirePro: Japanese yen strengthens against U.S. dollar on robust GDP data
May 18, 2017 01:41 am UTC| Technicals
USD/JPY is currently trading around 110.92 marks. It made intraday high at 111.22 and low at 110.52 levels. Intraday bias remains bearish till the time pair holds key resistance at 112.62 marks. A daily...
FxWirePro: USD/CAD pauses decline, downside risk remains
May 17, 2017 15:59 pm UTC| Technicals
The USD/CAD pair declined on Wednesday as oil rose and the greenback was broadly weaker amid political turmoil and weak economic data. Oil prices rose on after U.S. government data showed a decline in domestic crude...
FxWirePro: GBP/USD runs out of steam but maintains bullish outlook
May 17, 2017 15:52 pm UTC| Technicals
The GBP/USD pair strengthened on Wednesday as speculation that U.S. President Donald Trump could face the threat of impeachment triggered dollar sell-off across the board. News reports emerged on Tuesday that Trump...
FxWirePro: EUR/USD maintains bullish bias with focus on 1.1200 levels
May 17, 2017 14:22 pm UTC| Technicals
The EUR/USD rose higher on Wednesday as the single currency gained as political turmoil and weak economic data in the United States reduced expectations of aggressive interest rate rises this year. The dollar has...
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