FxWirePro: USD/SGD stabilizes above 1.42 mark, good to buy on dips
Dec 07, 2016 02:42 am UTC| Technicals
USD/SGD is currently trading around 1.4222 marks. It made intraday high at 1.4228 and low at 1.4201 levels. Intraday bias remains bullish till the time pair holds key support at 1.4171 marks. A sustained...
FxWirePro: EUR/KRW rejects key resistance at 1,260 mark, downside limited
Dec 07, 2016 01:55 am UTC| Technicals
EUR/KRW is currently trading around 1,253 mark. Pair made intraday high at 1,255 and low at 1,252 levels. Intraday bias remains slightly bearish till the time pair holds immediate resistance at 1,254 mark. A...
FxWirePro: Aussie falls against major peers as Australia’s GDP data fails to meet expectations
Dec 07, 2016 00:57 am UTC| Technicals
AUD/NZD is currently trading around 1.0433 marks. Pair made intraday high at 1.0496 and low at 1.0427 marks. Intraday bias remains bearish for the moment. A consistent close below 1.0415 will take the parity...
FxWirePro: AUD/USD neutral in the near-term, scope for downward resumption
Dec 06, 2016 18:54 pm UTC| Technicals
AUD/USD declined on Tuesday as dollar was buoyed by the perception that the Federal Reserve would most likely raise interest rates at the next meeting. Investors expect Federal Reserve would raise short-term interest...
FxWirePro: USD/JPY maintains bullish bias with focus on 115.00 levels
Dec 06, 2016 15:27 pm UTC| Technicals
USD/JPY traded in slightly higher in range as dollar strengthened on expectations that U.S. interest rates will go up this month, a view reinforced by a string of positive economic data. Recent upbeat U.S. data,...
Dec 06, 2016 12:28 pm UTC| Technicals
You could observe yesterdays bull candle with abig real body and downward tail that resembles like a bullish engulfing candle pattern at 1.0825 levels. Even though we missed out this pattern, ever since the pair tested...
Dec 06, 2016 12:14 pm UTC| Technicals
Major resistance- 1.08200 The pair jumped sharply till 1.07961 after making a low of 1.05047 yesterday. It is currently trading around 1.07498. It should break above 1.08200 for further bullishness. Any break...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Why Germany ditched nuclear before coal – and why it won’t go back
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight