Jun 01, 2017 01:47 am UTC| Technicals
USD/JPY is currently trading around 111.01 marks. It made intraday high at 111.04 and low at 110.63 levels. Intraday bias remains slightly bullish till the time pair holds key support at 110.48 marks. A...
FxWirePro: South Korean won falls on the back of lower than expected manufacturing PMI data
Jun 01, 2017 01:03 am UTC| Technicals
EUR/KRW is currently trading around 1,257 mark. Pair made intraday high at 1,258 and low at 1,255 levels. Intraday bias remains slightly bullish till the time pair holds key support at 1,247 mark. A daily...
FxWirePro: GBP/USD gains some upside momentum but still bearish
May 31, 2017 16:05 pm UTC| Technicals
GBP/USD recovered on Wednesday after a poll showed the countrys ruling Conservative party still in the lead, overriding a previous projection of a hung parliament in elections next week. A new poll showed Prime...
FxWirePro: USD/JPY pauses decline, downside side remains intact
May 31, 2017 15:26 pm UTC| Technicals
The USD/JPY declined on Wednesday as the dollar dipped on geopolitical tensions and weak U.S. housing data fanned doubts that the Federal Reserve would raise interest rates again in June. The National Association of...
FxWirePro: USD/CAD rallies above 1.3500 but reversal is likely
May 31, 2017 14:47 pm UTC| Technicals
The USD/CAD pair rose on Wednesday as Canadian dollar was pressured by a drop in oil prices offsetting upbeat Canadian GDP data. Canadas gross domestic product grew at an annualized 3.7 percent pace, slightly below...
FxWirePro: US Dollar Index upside capped by 23.6% fibo, good to sell on rallies
May 31, 2017 13:54 pm UTC| Technicals
US Dollar index formed a minor top at 97.78 yesterday and started to decline from that level. It is currently trading around 96.99. Short term trend is still weak as long as index not able to break above 98.08 (23.6%...
May 31, 2017 12:57 pm UTC| Technicals
GBP/JPY continuing its weakness for the past two weeks after forming a temporary top around 148.11. The pair hits low of 141.76 at the time of writing and is currently trading around 142.40. The decline from 148.11 to...
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