FxWirePro: South Korean won falls against major peers despite lower than expected unemployment rate
Dec 14, 2016 01:51 am UTC| Technicals
EUR/KRW is currently trading around 1,238 mark. Pair made intraday high at 1,238 and low at 1,234 levels. Intraday bias remains slightly bullish till the time pair holds immediate support at 1,232 mark. A...
FxWirePro: AUD/NZD on track to break triangle base support, good to short rallies
Dec 14, 2016 01:46 am UTC| Technicals
AUD/NZD trades with a major bearish bias. Price action is below major moving averages and technical indicators are heavily bearish. The pair is trading in a symmetric triangle pattern and is on verge of breaking...
FxWirePro: USD/JPY stays flat after Japan’s Tankan manufacturing index, non manufacturing index data
Dec 14, 2016 00:58 am UTC| Technicals
USD/JPY is currently trading around 115.07 marks. It made intraday high at 115.28 and low at 115.00 levels. Intraday bias remains neutral till the time pair holds key support at 114.72 levels. A daily close...
FxWirePro: GBP/USD neutral in the near-term, scope for downward resumption
Dec 13, 2016 17:34 pm UTC| Technicals
The GBP/USD pair initially inched higher after UK inflation numbers in the European session but reversed course in the US session as investors turned their focus to the upcoming U.S. Federal Reserves closely-watched policy...
FxWirePro: USD/CAD pauses decline, downside risk remains
Dec 13, 2016 15:11 pm UTC| Technicals
The USD/CAD pair continued its decline on Tuesday as the Canadian dollar gained strength as the prices of oil gained further ground. The pair hit low at 1.3104 levels in the early US session but recovered towards...
FxWirePro: EUR/USD outlook weaker on renewed downside pressure
Dec 13, 2016 14:43 pm UTC| Technicals
The EUR/USD declined on Tuesday as demand for greenback increased ahead of a key two-day meeting of the U.S. Federal Reserve that is expected to deliver the second interest rate rise in a decade. The Fed meeting...
Dec 13, 2016 11:52 am UTC| Technicals
Candlestick Pattern Shooting Star Major resistance 88.60 Pattern formed Bearish Divergence (CCI (50) CAD/JPY made a top around 88.47 yesterday and slightly declined from that level. It is currently trading...