FxWirePro: Nikkei225 faces strong resistance at 16050, good to sell on rallies
Apr 11, 2016 02:33 am UTC| Technicals
Major Support - 15000 (200 W MA) Major resistance - 16050 (55 4H EMA) The index has retreated after making a high of 16020. It is currently trading around 15583.Short term trend is slightly weak as long as...
FxWirePro: AUD/NZD fails to sustain below 1.1062, good to buy on dips
Apr 11, 2016 02:15 am UTC| Technicals
AUD/NZD is trading around 1.1093 marks. Pair made intraday high at 1.1105 and low at 1.1066 marks. Today Australia released home loans data with negative numbers at 1.5% m/m vs -4.4% previous...
FxWirePro: USD/SGD hovers around key support at 1.3487, intraday bias remains neutral
Apr 11, 2016 01:42 am UTC| Technicals
USD/SGD is currently trading around 1.3490 marks. It made intraday high at 1.3501 and low at 1.3478 levels. Intraday bias remains neutral till the time pair holds initial support at 1.3487 levels. A...
FxWirePro: Japanese Yen strengthens on the back of higher than expected core machinery orders
Apr 11, 2016 01:03 am UTC| Technicals
USD/JPY is currently trading around 107.98 marks. It made intraday high at 108.32 and low at 107.87 levels. Today Japan released core machinery orders data with positive numbers. Private sector machinery...
FxWirePro: USD/CHF declines towards 0.9535, but reversal is likely
Apr 08, 2016 15:08 pm UTC| Technicals
The USD/CHF has slipped back towards 0.9525 levels, after failing to break résistance level at 0.9566. The pair has been trading in a narrow range lately, and strong rebound is expected to take place sooner from...
FxWirePro: USD/CAD hits 1-week low, scope for further downside
Apr 08, 2016 14:31 pm UTC| Technicals
The USD/CAD plummeted towards 1.3000 levels after Canadian employment data showed sharp rise in March. In quick succession the pair hit daily low of 1.3000, wiping out earlier gains. Canada added far more jobs than...
FxWirePro: GBP/USD rises above towards 1.4100 levels, a key barrier ahead
Apr 08, 2016 13:54 pm UTC| Technicals
GBP/USD declined on Friday as the greenback rose against sterling following soft UK industrial output data. Industrial output data declined 0.3 percent in February to give 0.5 fall on the year, its biggest drop since...
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects