FxWirePro: AUD/NZD breaks major trendline support at 1.0425, good to short rallies
Dec 08, 2016 03:21 am UTC| Technicals
AUD/NZD has broken major trendline resistance at 1.04225 after struggling there for the past 6 days. Upside in the pair is seen capped at 5-DMA at 1.0438, close above would reverse the bearish bias. Momentum...
Nikkei225 trades higher, good to sell on rallies
Dec 08, 2016 03:15 am UTC| Technicals
Nikkei225 continues its winning streak on account of higher U.S stock markets .The index has formed a temporary top around 18742 and not able to close above level. The index jumped till 18721 and is currently trading at...
FxWirePro: USD/TWD hits fresh 4-week low at 31.58 mark, faces strong support at 31.45
Dec 08, 2016 03:07 am UTC| Technicals
USD/TWD is currently trading around 31.69 marks. It made intraday high at 31.89 and low at 31.58 marks. Intraday bias remains bearish for the moment. A daily close above 31.90 will drag the parity up towards...
FxWirePro: USD/SGD breaks key support at 1.4177 mark, intraday bias remains bearish
Dec 08, 2016 02:09 am UTC| Technicals
USD/SGD is currently trading around 1.4160 marks. It made intraday high at 1.4174 and low at 1.4150 levels. Intraday bias remains bearish for the moment. A sustained close above 1.4270 will test key...
FxWirePro: EUR/KRW stabilizes above 1,242 mark, focus shifts to ECB
Dec 08, 2016 01:59 am UTC| Technicals
EUR/KRW is currently trading around 1,246 mark. Pair made intraday high at 1,248 and low at 1,243 levels. Intraday bias remains slightly bullish till the time pair holds immediate support at 1,242 mark. A...
Dec 08, 2016 01:19 am UTC| Technicals
USD/JPY is currently trading around 113.76 marks. It made intraday high at 113.85 and low at 113.57 levels. Intraday bias remains neutral till the time pair holds key support at 113.41 levels. A daily close...
FxWirePro: USD/CAD resumes downside after Bank of Canada's interest rate decision
Dec 07, 2016 17:22 pm UTC| Technicals
The USD/CAD pair declined on Wednesday, as the Canadian dollar gained strength after the Bank of Canada left interest rate unchanged. The pair recovered up to 1.3294 levels in the early US session, but fell back as...
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