Dec 29, 2016 06:49 am UTC| Technicals
Please be noted that this is an attempt of correlating the daily price behavior with theweekly trend. On daily terms, the current prices slide below DMAs after shooting star formation at 86.933 levels. AUDJPY bears...
Gold and US 10 year –bond yield (Slight jump in Gold till $1170 is possible)
Dec 29, 2016 06:23 am UTC| Technicals
Major resistance $1153 (21- day EMA). Gold jumped sharply from the low of $1136 and jumped till $1149.78 at the time of writing. The yellow metal is showing slight jump on account of decline in U.S 10 year treasury...
FxWirePro: NZD/USD retraces above 50% Fibo, bias higher, stay long
Dec 29, 2016 05:54 am UTC| Technicals
NZD/USD extends gains after break above 5-DMA. The pair has retraced above 50% Fibo of 0.6347 to 0.7485 rally. Bullish RSI divergence on daily charts supports upside. Stochs are on verge of rollover from...
FxWirePro: Bearish bias builds in USD/JPY, good to short rallies
Dec 29, 2016 05:16 am UTC| Technicals
USD/JPY slips below 117 handle, intraday bias lower. Technical studies have turned bearish: - RSI and Stochs have rolled over from overbought zone. - MACD has shown a bearish crossover on signal line. We see...
FxWirePro:Nikkei225 takes support near 21- day EMA, good to buy on dips
Dec 29, 2016 03:15 am UTC| Technicals
Nikkei225 has broken major support at 19315 and declined till 19164 at the time of writing .It is currently trading around 19209 -0.66% lower. Technically index is expected to take support near 21- day EMA and minor...
FxWirePro: Taiwanese dollar gains in early hours of Asia, downside limited
Dec 29, 2016 03:04 am UTC| Technicals
USD/TWD is currently trading around 32.32 marks. It made intraday high at 32.44 and low at 32.22 marks. Intraday bias remains slightly bearish for the moment. A daily close above 32.44 will drag the parity...
FxWirePro: USD/KRW hovers around 1,210 mark, consistent close above targets 1,220
Dec 29, 2016 02:38 am UTC| Technicals
USD/KRW is currently trading around 1,207 levels. It made intraday high at 1,210 and low at 1,207 marks. Intraday bias remains neutral till the time pair holds key resistance at 1,210 levels. A daily close...
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