May 30, 2016 03:54 am UTC| Technicals
USD/JPY saw a robust recovery in early Asia as ongoing chatter that Japanese PM Abe is likely to delay sales tax hike plan by 2.5 years weighed heavily on the Yen. Yellens hawkish comments delivered last Friday...
FxWirePro: ASX200 faces strong resistance at 5430, good to buy at dips
May 30, 2016 02:36 am UTC| Technicals
Major resistance - 5400 Major intraday Support - 5350 ASX200 has slightly retreated after making a high of 5431 on Friday. It is currently trading at 5404. Short term trend is slightly bullish as long as...
FxWirePro: Kiwi gains against Aussie in early Asia, fails to break key resistance at 1.0737
May 30, 2016 02:34 am UTC| Technicals
AUD/NZD is trading around 1.0705 marks. Pair made intraday high at 1.0736 and low at 1.0702 marks. Intraday bias remains bearish till the time pair holds key resistance at 1.0737 marks. A daily close below...
FxWirePro: Nikkei225 struggles to close above 17000, good to buy at dips
May 30, 2016 02:15 am UTC| Technicals
Major resistance - 17170 (trend line joining 19990 and 17745 ) Major support - 16650 (55 day EMA) Nikkei index has made a high of 17037 and declined from that level.It is currently trading around...
FxWirePro: USD/KRW hovers around key resistance at 1194, intraday bias remains neutral
May 30, 2016 01:52 am UTC| Technicals
USD/KRW is currently trading around 1190 levels. It made intraday high at 1190 and low at 1189 levels. Intraday bias remains neutral for the moment. A daily close above 1194 is required to drag the parity...
FxWirePro: Japanese Yen falls in early Asia despite robust retail sales data
May 30, 2016 01:05 am UTC| Technicals
USD/JPY is currently trading around 110.84 marks. It made intraday high at 110.87 and low at 110.35 levels. Today Japan released retails sales data with positive numbers at -0.8% m/m vs -1.0% m/m previous...
FxWirePro: GBP/USD neutral the near term, scope for downward resumption
May 27, 2016 17:19 pm UTC| Technicals
GBP/USD pair declined on Friday as traders cashed in on recent rise in the currency pair avoiding market volatility before U.S. Federal Reserve Chair Janet Yellen speech as investors anticipated rate increase in coming...
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