
FxWirePro: ASX200 trades higher on rising commodity price, good to buy on dips
Dec 28, 2017 03:26 am UTC| Technicals
ASX200 has shown a minor weakness after hitting a high of 6097 on Dec 26th 2017. The index dipped till 6058 and is currently trading around 6078. Short term trend is bullish as long as support 5997 holds. The slight jump...

FxWirePro: Japanese yen appreciates on robust industrial production, retail sales data
Dec 28, 2017 02:43 am UTC| Technicals
USD/JPY is currently trading around 113.17 marks. It made intraday high at 113.34 and low at 113.14 levels. Intraday bias remains slightly bearish till the time pair holds key resistance at 113.62 marks. A...

FxWirePro: South Korean won trades almost flat against euro after mixed economic data
Dec 28, 2017 01:29 am UTC| Technicals
EUR/KRW is currently trading around 1,274 mark. Pair made intraday high at 1,277 and low at 1,274 levels. Intraday bias remains neutral till the time pair holds key support at 1,273 mark. A sustained close...

FxWirePro: EUR/GBP technical, OTC indications in sync with fundamental driving forces
Dec 27, 2017 13:19 pm UTC| Research & Analysis Central Banks Technicals
The sterling has continued its consolidation phase, so is the case with EURGBP but in a narrow range so far (0.9032 0.8689 range from last 3 months or so). In this the holiday period, we sit in the middle of this range...

FxWirePro: US Dollar Index Short –term Outlook
Dec 27, 2017 12:57 pm UTC| Technicals
Major resistance 93.85 (trend line joining 95.15 and 94.20). US Dollar index has trend line support at 93.05 after a week of consolidation. The index was trading in narrow range between 93.16 and 93.56 for the past...

Dec 27, 2017 12:40 pm UTC| Research & Analysis Technicals
The EURCHFs projection is for a return to 1.20 by 2Q18 and the current price behavior is well on track of this target. Bulls spike above DMAs in rising channel, sensing more buying sentiments upon bullish DMAs crossover...

Dec 27, 2017 12:34 pm UTC| Technicals
Major resistance 0.7785 (trend line joining 0.7873 and 0.78215). CAD/CHF forms a double bottom around 0.7635 and jumped sharply from that level. The pair jumped almost 180 pips from the low. It is currently trading...