
FxWirePro: Nikkei: Daily Outlook
Jan 02, 2018 03:31 am UTC| Technicals
Nikkei has shown a minor jump after a consolidation due to holidays. The index jumped slightly 0.55% on account of slightly weak yen.Nikkei was consolidating in narrow range between 23022 and 22048 for the past ten trading...

FxWirePro: USD/TWD remains well supported below 30.00 mark; hits lowest level since December 2013
Jan 02, 2018 03:28 am UTC| Technicals
USD/TWD is currently trading around 29.60 marks. It made intraday high at 29.83 and low at 29.54 marks. Intraday bias remains bearish till the time pair holds resistance at 29.90 mark. A daily close above...

FxWirePro: Singapore dollar strengthens against U.S. dollar, hits highest level since June 2016
Jan 02, 2018 02:46 am UTC| Technicals
USD/SGD is currently trading around 1.3350 marks. It made intraday high at 1.3375 and low at 1.3338 levels. Intraday bias remains bearish till the time pair holds immediate resistance at 1.3372 mark. A daily...

FxWirePro: South Korean won falls in early Asia as manufacturing PMI data misses expectations
Jan 02, 2018 02:06 am UTC| Technicals
EUR/KRW is currently trading around 1,279 mark. Pair made intraday high at 1,281 and low at 1,277 levels. Intraday bias remains slightly bullish for the moment. A sustained close above 1,284 will take the...

FxWirePro: US Dollar Index forms head and shoulder pattern in daily chart, good to sell on rallies
Dec 29, 2017 12:45 pm UTC| Technicals
Major trend line resistance- 93 (Support turned into resistance). DXY is trading extremely weak after breaking major support 92.50. The index declined sharply till 92.25 at the time of writing. It is currently trading...

Dec 29, 2017 12:00 pm UTC| Technicals
Major resistance 152.09 (Dec 27th 2017 high). GBP/JPY has jumped slightly after breaking trend line resistance. The pair hits high of 152.08 and is currently trading around 152.02. The pair should close...

FxWirePro: GBP/USD trades higher on weak US dollar, good to buy on dips
Dec 29, 2017 10:46 am UTC| Technicals
Cable is trading marginally up almost 0.5% for the day on account weak US dollar. The dollar index was trading weak for the past five days on account of mixed economic data and declining US 10 year yield.Thepair has broken...