FxWirePro:Nikkei faces strong resistance at 19700,good to sell on rallies
Jan 11, 2017 03:25 am UTC| Technicals
Nikkei225 breaks major psychological support at 19300 and declined slightly till 19241 yesterday .The slight jump in yen has made index to decline till 19241. It is currently trading around 19348 0.1% higher. USD/JPY...
FxWirePro: USD/THB hovers around fresh 6-week low at 35.53, consistent close below targets 35.23
Jan 11, 2017 02:30 am UTC| Technicals
USD/THB is currently trading around 35.60 marks. It made intraday high at 35.61 and low at 35.55 marks. Intraday bias remains neutral till the time pair holds key resistance at 35.67 mark. On the top side...
FxWirePro: EUR/KRW rejects key resistance at 1,272, stay bearish
Jan 11, 2017 01:40 am UTC| Technicals
EUR/KRW is currently trading around 1,265 mark. Pair made intraday high at 1,266 and low at 1,262 levels. Intraday bias remains bearish till the time pair holds key resistance at 1,272 mark. A consistent...
FxWirePro: Singapore dollar marginally lower in early hours of Asia, bias remains neutral
Jan 11, 2017 01:02 am UTC| Technicals
USD/SGD is currently trading around 1.4370 marks. It made intraday high at 1.4373 and low at 1.4355 levels. Intraday bias remains neutral for the moment. A daily close above 1.4361 will test key resistances...
FxWirePRO:DXY downside capped by 50% fibo, good to buy on dips
Jan 10, 2017 16:41 pm UTC| Technicals
The U.S dollar index has taken support near 50% fibo level and started to jump slightly from that level. On the higher side any close above 102.40 (60- 4H EMA) will take the index ill 102.85 (61.8% retracement of 103.82...
FxWirePro: USD/JPY neutral in the near-term, scope for downward resumption
Jan 10, 2017 15:42 pm UTC| Technicals
USD/JPY declined on Tuesday as the dollar dipped ahead of a news conference on Wednesday by U.S. President-elect Donald Trump. The market is looking for more clues on Trumps spending plans in the first speech since...
FxWirePro: USD/CAD outlook weaker on renewed downside pressure
Jan 10, 2017 14:54 pm UTC| Technicals
The USD/CAD pair declined on Tuesday as oil prices rose and stronger-than-expected domestic housing starts suggested the countrys long housing boom may not yet be over. Housing starts rose to a seasonally adjusted...
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