Mar 20, 2017 05:51 am UTC| Technicals
Please be noted that bearish engulfing candle pattern occurred at 121.0180 levels on last Fridays candle, where we see the current prices have broken below strong support at 121.0887 levels. As the current prices slid...
FxWirePro: USD/CNY remains well supported above 6.90 mark, PBOC sets yuan mid-point at 6.8998
Mar 20, 2017 05:37 am UTC| Technicals
USD/CNY is currently trading around 6.9037 marks. It made intraday high at 6.9055 and low at 6.8999 levels. Intraday bias remains bullish till the time pair holds key support at 6.8955 mark. A sustained...
FxWirePro: USD/JPY breaks below 100-DMA, good to go short on rallies
Mar 20, 2017 05:01 am UTC| Technicals
USD/JPY has broken below major support by 100-DMA at 113.13, scope for downside builds. The pair is tracking DXY lower, amid holiday-thinned markets (Japan closed for Vernal Equinox Day) and lack of fresh fundamental...
FxWirePro: USD/INR consolidates around 65.23 mark, consistent close below targets 64.87
Mar 20, 2017 04:23 am UTC| Technicals
USD/INR is currently trading around 65.38 marks. It made intraday high at 65.41 and low at 65.27 marks. Intraday bias remains neutral till the time pair holds key resistance at 65.40 marks. Key resistances...
FxWirePro: USD/THB hits fresh 5-month low at 34.65 mark, faces strong support at 34.50
Mar 20, 2017 03:41 am UTC| Technicals
USD/THB is currently trading around 34.67 marks. It made intraday high at 34.85 and low at 34.65 marks. Intraday bias remains bearish till the time pair holds key resistance at 34.97 mark. On the top side...
Nikkei225 faces strong support at 21- day EMA, close below targets 19000
Mar 20, 2017 02:50 am UTC| Technicals
Nikkei has shown a temporary top around 19700 at Mar 14th 2017 and declining continuously from that level. It is currently trading at 19446 0.1% higher. The index declined slightly yesterday on account of stronger yen....
FxWirePro: Taiwanese dollar trades at 30.5 against U.S. dollar, strongest level in about 22 months
Mar 20, 2017 02:34 am UTC| Technicals
USD/TWD is currently trading around 30.50 marks. It made intraday high at 30.57 and low at 30.42 marks. Intraday bias remains bearish till the time pair holds key resistance at 30.72 marks. A daily close...