
Nikkei225 trades higher on weaker yen, good to buy on dips
Jan 09, 2017 03:25 am UTC| Technicals
Nikkei225 has once again recovered sharply after jumping till 19413.The slight decline in yen has made index to jump till 19623 . It is currently trading around 19618 0.03% higher. USD/JPY has once gain recovered from...

FxWirePro: AUD/JPY breaks major trendline support at 85.35, good to go long on dips
Jan 09, 2017 03:08 am UTC| Technicals
Technical Analysis: A decisive breakout of AUD/JPY above 20-DMA seen. The pair has broken major trendline resistance at 85.35 on 4H charts. Momentum studies are bullish, scope for upside rises. Next bull...

FxWirePro: USD/SGD rejects key support at 1.4269, good to buy on dips
Jan 09, 2017 02:52 am UTC| Technicals
USD/SGD is currently trading around 1.4402 marks. It made intraday high at 1.4411 and low at 1.4385 levels. Intraday bias remains bullish till the time pair holds key support at 1.4269 marks. A daily close...

FxWirePro: NZD/USD finds strong support at 0.6949 (1H 200-SMA), weakness only on break below
Jan 09, 2017 02:34 am UTC| Technicals
USD strongly bid on Friday after US non-farm payrolls for Dec released last Friday, came in close to expectations, saw a solid jump in wages growth. NZD/USD retraced from highs of 0.7043 on Friday to close below...

FxWirePro: XAG/USD hovers around key support at $16.40, upside limited
Jan 09, 2017 02:16 am UTC| Technicals
XAG/USD is currently trading around $16.44 marks. It made intraday high at $16.51 and low at $16.40 levels. Intraday bias remains bearish till the time pair holds key resistance at $16.65 levels. A daily...

FxWirePro: South Korean won falls against euro in early hours of Asia, bias remains bullish
Jan 09, 2017 01:42 am UTC| Technicals
EUR/KRW is currently trading around 1,267 mark. Pair made intraday high at 1,267 and low at 1,262 levels. Intraday bias remains bullish till the time pair holds key support at 1,250 mark. A sustained close...

FxWirePro: AUD/USD holds 4H 20-SMA support, break below to see further drag
Jan 09, 2017 01:41 am UTC| Technicals
Fundamentals Factors: Weak Aussie labor market data released on Monday, however, Aussie largely unaffected. Australian government warned earlier today that the party for the miners may be over this year. Separate...