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FxWirePro: USD/JPY retakes 115 handle, intraday bias lower, good to sell rallies

Dec 13, 2016 04:51 am UTC| Technicals

USD/JPY trades a narrow range in the Asian session. Doji formation seen on daily charts till now. The pair is holding 5-DMA support at 114.60, break below could see drag upto 112.90 (20-DMA). Bearish RSI...

FxWirePro: USD/TWD breaks key support at 31.77, bias remains bearish

Dec 13, 2016 04:22 am UTC| Technicals

USD/TWD is currently trading around 31.74 marks. It made intraday high at 31.85 and low at 31.67 marks. Intraday bias remains bearish for the moment. A daily close above 32.02 will drag the parity up towards...

FxWirePro: USD/KRW remains well supported below 1,172 mark, stay bearish

Dec 13, 2016 03:42 am UTC| Technicals

USD/KRW is currently trading around 1,165 levels. It made intraday high at 1,167 and low at 1,162 marks. Intraday bias remains bearish till the time pair holds key resistance at 1,172 levels. A daily close...

FxWirePro: China’s yuan gains on robust retail sales, industrial production data

Dec 13, 2016 02:50 am UTC| Technicals

USD/CNY is currently trading around 6.9003 marks. It made intraday high at 6.9108 and low at 6.8990 levels. Intraday bias remains bearish till the time pair holds key resistance at 6.9162 mark. A sustained...

FxWirePro:Nikkei struggles to break below 19000, good to buy on dips

Dec 13, 2016 02:11 am UTC| Technicals

Nikkei225 is trading flat after hitting fresh ten month high yesterday. The index has made a high of 19272 and is currently trading around 19137 0.10% lower. Market awaits US Fed monetary policy meeting on Wed for...

FxWirePro: USD/SGD rejects key resistance at 1.4334, good to sell on rallies

Dec 13, 2016 01:55 am UTC| Technicals

USD/SGD is currently trading around 1.4244 marks. It made intraday high at 1.4248 and low at 1.4226 levels. Intraday bias remains slightly bearish for the moment. A sustained close above 1.4334 will test key...

FxWirePro: EUR/KRW trades in narrow range, bias remains neutral

Dec 13, 2016 01:07 am UTC| Technicals

EUR/KRW is currently trading around 1,237 mark. Pair made intraday high at 1,239 and low at 1,236 levels. Intraday bias remains neutral till the time pair holds immediate resistance at 1,242 mark. A...

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