FxWirePro: NZD/USD struggles at 20-DMA, further upside only on break above
Nov 10, 2017 05:48 am UTC| Technicals
Kiwi underperforms despite the air of hawkishness from the RBNZ, dented after NZ fin min says changes to RBNZ mandate could mean looser policy. Further, weak retail electronic card retail sales data dents the bird. NZ...
Nov 10, 2017 05:29 am UTC| Technicals
USD/INR is currently trading around 65.13 marks. It made intraday high at 65.20 and low at 65.10 marks. Intraday bias remains slightly bearish till the time pair holds key resistance at 65.20 marks. Key...
FxWirePro: Bullish divergence keeps scope for upside in AUD/USD, go long on break above 200-DMA
Nov 10, 2017 04:57 am UTC| Technicals
RBAs quarterly Statement on Monetary Policy (SOMP) showed the central bank concerned about the strength of the Aussie. RBA revised up outlook for jobs growth, forecasts unemployment rate at 5.5 pct out to June 2019,...
Nov 10, 2017 03:51 am UTC| Technicals
USD/JPY slumped overnight amid concerns that corporate tax cuts would be significantly delayed. The pair slipped to fresh lows for the month, hit 113.09 before paring some losses to close at 113.45. Price...
FxWirePro: USD/THB breaks key support at 33.10 mark, stay bearish
Nov 10, 2017 03:36 am UTC| Technicals
USD/THB is currently trading around 33.08 marks. It made intraday high at 33.10 and low at 33.08 marks. Intraday bias remains bearish till the time pair holds immediate resistance at 33.22 mark. A daily...
FxWirePro: Nikkei225 trades lower on weak global markets, good to sell on rallies
Nov 10, 2017 03:04 am UTC| Technicals
Nikkei declined slightly after hitting 25- year high at 23423 on account of weak global stock market and strong yen. The index has jumped almost 10% since Oct 23rd after Abe land slide victory . It is currently trading...
FxWirePro: USD/TWD exhibits range bound movement, bias remains neutral
Nov 10, 2017 02:44 am UTC| Technicals
USD/TWD is currently trading around 30.17 marks. It made intraday high at 30.20 and low at 30.15 marks. Intraday bias remains neutral for the moment. A daily close above 30.22 will drag the parity up towards...
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