FxWirePro: Nikkei225 retreats from higher levels ,good to sell on rallies
Aug 19, 2016 03:04 am UTC| Technicals
Pattern Formed- Ascending triangle pattern. Major resistance- 17000. Major support - 16350 (trend line joining 15088 and 15894). Nikkei225 has retreated once again after making a high of 16714. It is...
FxWirePro: USD/TWD remains well supported above 31.50 mark; upside limited
Aug 19, 2016 02:40 am UTC| Technicals
USD/TWD is currently trading around 31.53 marks. It made intraday high at 31.59 and low at 31.40 marks. Intraday bias remains neutral till the time pair holds key resistance at 31.62 marks. A sustain close...
FxWirePro: USD/SGD exhibits range bound movement, intraday bias remains neutral
Aug 19, 2016 01:51 am UTC| Technicals
USD/SGD is currently trading around 1.3415 marks. It made intraday high at 1.3419 and low at 1.3383 levels. Intraday bias remains neutral till the time pair holds key resistance at 1.3475 marks. A daily...
FxWirePro: USD/KRW breaks key resistance at 1,107, good to buy on dips
Aug 19, 2016 01:16 am UTC| Technicals
USD/KRW is currently trading around 1,107 levels. It made intraday high at 1,108 and low at 1,107 levels. Intraday bias remains bullish till the time pair holds key support at 1,092 levels. A sustained close...
FxWirePro: EUR/USD maintains bullish bias with focus on 1.1380 levels
Aug 18, 2016 14:57 pm UTC| Technicals
The EUR/USD pair declined slightly up to 1.1303 in the early US session after data showed a modest improvement in manufacturing activity, but the bears quickly faded as the pair inched back towards 1.1325 levels,...
FxWirePro: USD/CAD dips below lower range, bearish bias increases
Aug 18, 2016 14:26 pm UTC| Technicals
USD/CAD declined sharply on Thursday, as oil rose and minutes from the Federal Reserves July meeting weighed on the greenback. Currently, the currency pair is trading at 1.2784 levels, it is set to decline future...
FxWirePro: GBP/USD gains some upside momentum but still bearish
Aug 18, 2016 13:45 pm UTC| Technicals
GBP/USD rose sharply on Thursday after UK retail sales data showed better than expected figures, apparently unaffected by Britains vote to leave the European Union. However, the pair turned back in the early US...
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