FxWirePro: AUD/USD declines for 4th straight session, breaks below 5-DMA, bias lower
Feb 01, 2018 06:13 am UTC| Technicals
AUD/USD accelerated decline on Wednesday on bullish FOMC outcome, slipped below 5-DMA support. Dollar strengthened as Fed said they expect economic conditions to evolve in a manner that will warrant further rate...
FxWirePro: Nikkei recovers slightly on yen weakness, good to sell on rallies
Feb 01, 2018 05:38 am UTC| Technicals
Nikkei has shown a minor recovery almost 350 points from the low of yesterday till 23079. The slight recovery was mainly due to slight weakness in JPY. The huge rise in U.S 10 year bond yields will prevent Asian market for...
FxWirePro: USD/TWD rejects key resistance at 29.32 mark, good to sell on rallies
Feb 01, 2018 05:37 am UTC| Technicals
USD/TWD is currently trading around 29.11 marks. It made intraday high at 29.19 and low at 29.06 marks. Intraday bias remains bearish the time pair holds key resistance at 29.32 mark. A daily close above...
FxWirePro: USD/THB exhibits range bound movement, Thailand’s CPI data in focus
Feb 01, 2018 04:31 am UTC| Technicals
USD/THB is currently trading around 31.35 marks. It made intraday high at 31.38 and low at 31.32 marks. Intraday bias remains neutral till the time pair holds key support at 31.30 mark. A daily close below...
FxWirePro: USD/SGD trades in narrow range, bias remains neutral
Feb 01, 2018 04:03 am UTC| Technicals
USD/SGD is currently trading around 1.3117 marks. It made intraday high at 1.3127 and low at 1.3103 levels. Intraday bias remains neutral for the moment. A daily close above 1.3120 will test key resistances...
FxWirePro: AUD/NZD breaks below 20-DMA, eyes trendline support at 1.0875, stay short
Feb 01, 2018 03:40 am UTC| Technicals
Aussie sold-off following disappointing Building Permits data for the month of December. AUD/NZD extended previous sessions slump, dragged lower below 20-DMA, hit session lows at 1.0915. The antipodean however...
FxWirePro: Chinese yuan trades marginally lower as Caixin manufacturing PMI data stays flat
Feb 01, 2018 03:11 am UTC| Technicals
USD/CNY is currently trading around 6.2955 marks. It made intraday high at 6.2987 and low at 6.2840 levels. Intraday bias remains slightly bullish till the time pair holds key support at 6.2834 mark. A...
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