FxWirePro: USD/THB remains well supported above 34.30 mark, upside limited
May 23, 2017 02:50 am UTC| Technicals
USD/THB is currently trading around 34.36 marks. It made intraday high at 34.38 and low at 34.29 marks. Intraday bias remains neutral till the time pair holds key support at 34.30 marks. On the top side, key...
FxWirePro: South Korean won falls gradually against euro, stay bullish
May 23, 2017 02:05 am UTC| Technicals
EUR/KRW is currently trading around 1,256 mark. Pair made intraday high at 1,256 and low at 1,251 levels. Intraday bias remains bullish till the time pair holds key support at 1,247 mark. A daily close below...
FxWirePro: USD/SGD trades in narrow range ahead of Singapore’s CPI data
May 23, 2017 01:26 am UTC| Technicals
USD/SGD is currently trading around 1.3866 marks. It made intraday high at 1.3873 and low at 1.3859 levels. Intraday bias remains neutral till the time pair holds key support at 1.3860 marks. A daily close...
FxWirePro: USD/JPY neutral in the near-term, scope for downward resumption
May 22, 2017 14:49 pm UTC| Technicals
USD/JPY dipped on Monday as a weaker U.S. dollar and political turmoil in the United States fuelled demand for safe-haven Japanese yen. Investors continue to focus on the problems that have engulfed President Donald...
FxWirePro: GBP/USD downside capped by daily Tenkan-Sen, good to buy on dips
May 22, 2017 13:55 pm UTC| Technicals
Cable formed a temporary top around 1.30475 and declined slightly from the level on account of renewed worries over Brexit negotiations. GBP/USD shown minor profit booking after hitting 7- month high. The pair came...
May 22, 2017 12:12 pm UTC| Technicals
USD/CAD has broken major support of 1.35296 low made on Apr 27th 2017 and declined till 1.35085 on account of increasing crude oil prices. Short term trend is still weak as long as resistance 1.3600 (21 EMA) holds. It is...
FxWirePro: EUR/GBP breaks 200-DMA at 0.8595, good to go long on dips
May 22, 2017 10:52 am UTC| Technicals
EUR/GBP has shown a decisive breakout above 200-DMA at 0.8595, bias higher. EUR has been supported largely by a pick-up in the risk-on trade coupled with increasing weakness in the greenback. Upside over the last...
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