FxWirePro: USD/INR exhibits range bound movement, faces strong support at 64.52 mark
May 31, 2017 05:44 am UTC| Technicals
USD/INR is currently trading around 64.56 marks. It made intraday high at 64.61 and low at 64.52 marks. Intraday bias remains neutral till the time pair holds key support at 64.52 marks. Key resistances are...
FxWirePro: AUD/JPY struggles to extend downside below 200-DMA, bias neutral
May 31, 2017 05:41 am UTC| Technicals
AUD/JPY is trading a narrow range after the pair was rejected near 83 handle. The cross failed to hold Chinese PMI-led gains and edged lower, following the release of unimpressive Australian private sector credit...
FxWirePro: EUR/JPY capped below 20-DMA, good to go short on rallies
May 31, 2017 05:06 am UTC| Technicals
EUR/JPY rejected at highs at 124.28, remains capped below 20-DMA at 124.30. Draghis said that the Eurozone still needs extraordinary support from monetary policy, including the use of the ECBs forward...
FxWirePro: USD/SGD remains well supported above 1.38 mark, bias remains neutral
May 31, 2017 04:46 am UTC| Technicals
USD/SGD is currently trading around 1.3847 marks. It made intraday high at 1.3864 and low at 1.3843 levels. Intraday bias remains neutral for the moment. A daily close above 1.3845 will test key resistances...
FxWirePro: XAG/USD hovers around key support at $17.22 mark, sustained close below targets $16.88
May 31, 2017 04:06 am UTC| Technicals
XAG/USD is currently trading around $17.24 marks. It made intraday high at $17.37 and low at $17.21 levels. Intraday bias remains neutral till the time pair holds key support at $17.22 mark. A daily close...
FxWirePro: Chinese yuan strengthens on robust manufacturing PMI data
May 31, 2017 03:19 am UTC| Technicals
USD/CNY is currently trading around 6.8463 marks. It made intraday high at 6.8526 and low at 6.8354 levels. Intraday bias remains bearish for the moment. A sustained close above 6.85 marks will test key...
FxWirePro: USD/THB trades in narrow range ahead of Thailand’s manufacturing production data
May 31, 2017 02:26 am UTC| Technicals
USD/THB is currently trading around 34.13 marks. It made intraday high at 34.13 and low at 34.10 marks. Intraday bias remains neutral till the time pair holds key support at 34.10 marks. On the top side, key...
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