FxWirePro: USD/SGD exhibits range bound movement, faces strong resistance at 1.4505
Dec 29, 2016 01:51 am UTC| Technicals
USD/SGD is currently trading around 1.4498 marks. It made intraday high at 1.4507 and low at 1.4492 levels. Intraday bias remains neutral till the time pair holds key resistance at 1.4505 marks. A daily...
Dec 29, 2016 01:38 am UTC| Technicals
EUR/KRW is currently trading around 1,259 mark. Pair made intraday high at 1,260 and low at 1,258 levels. Intraday bias remains neutral for the moment. A sustained close above 1,260 will take the parity...
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook
Dec 28, 2016 18:54 pm UTC| Technicals
The USD/CAD pair declined slightly on Wednesday as higher oil prices supported commodity related Canadian dollar. Oil prices edged up for a fourth consecutive session on Wednesday, close to their peaks since mid-2015,...
FxWirePro: GBP/USD drops below 1.2250, scope for further downside
Dec 28, 2016 15:18 pm UTC| Technicals
GBP/USD declined on Wednesday as sterling was under steady pressure as the UK government heads into negotiations on its EU exit. A stronger U.S. dollar also added losses for the Sterling as the dollar firmed on upbeat...
FxWirePro: EUR/USD dips below lower range, bearish bias increases
Dec 28, 2016 14:44 pm UTC| Technicals
The EUR /USD pair declined on Wednesday as dollar rose across the board following upbeat U.S. consumer confidence data which shot to its highest in more than 15 years in December on hopes that President-elect Donald Trump...
Dec 28, 2016 13:23 pm UTC| Technicals
On daily terms, the current prices spike after testing support at 7DMA, rallies well supported with bullish DMA crossover but no momentum confirmation. The price upswings are going in rising wedge on weekly terms, the...
Dec 28, 2016 13:21 pm UTC| Technicals
Market Roundup USD/JPY +0.20%, EUR/USD -0.25%, GBP/USD -0.27% U.S Dollar finds its feet after a soft start in Asia DXY +0.22%, DAX -0.03%, Brent +0.7%, Iron +2.73% 10-Yr Bund yield hits seven-week...
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