FxWirePro: NZD/USD holds strong trendline support, good to go long on dips
Jul 12, 2016 04:10 am UTC| Technicals
Persistent risk-on trades and recovery in oil prices fuel appetite for risk/higher-yielding assets such as the Kiwi. NZD/USD reversed a temporary slide seen yesterday and resumed the ongoing bullish streak. On...
FxWirePro: AUD/CAD extends grind higher, breaks 78.6% Fib, scope for test of parity
Jul 12, 2016 03:58 am UTC| Technicals
AUD/CAD has broken above 78.6% Fib of .0054 to 0.9324 fall, as it extends upside along the Cup formation. Aussie buoyed by upbeat NAB Business confidence and Business conditions data, while Yen fell sharply on...
FxWirePro: AUD/USD breaks above 61.8% Fib, good to go long on dips
Jul 12, 2016 03:34 am UTC| Technicals
Aussie buoyed by upbeat NAB Business confidence and Business conditions data. Data released earlier today showed that Australia NAB Business Conditions increased to 12 in June from previous 10, while Business...
FxWirePro: USD/SGD back below 1.35 mark, good to sell on rallies
Jul 12, 2016 03:24 am UTC| Technicals
USD/SGD is currently trading around 1.3492 marks. It made intraday high at 1.3528 and low at 1.3484 levels. Intraday bias remains bearish till the time pair holds key resistance at 1.3538 marks. A daily...
FxWirePro: Nikkei225 trades well above 200 4HMA, targets 16540/16800
Jul 12, 2016 03:05 am UTC| Technicals
Major intraday support -15650 (4 Hour Kijun-Sen) Major Intraday resistance- 16066 (200 4H MA) Nikkei225 has broken major resistance 16066 and jumped till 16244 at the time of writing. It is currently trading...
FxWirePro: USD/JPY slips below 103 handle, finds stiff resistance at 103.70
Jul 12, 2016 02:47 am UTC| Technicals
Yen fell sharply on Monday after Japanese PM Abe signaled fresh stimulus is coming soon, USD/JPY hit session high of 103.29 levels. Our previous call...
Jul 12, 2016 01:59 am UTC| Technicals
USD/KRW is currently trading around 1151 levels. It made intraday high at 1152 and low at 1148 levels. Intraday bias remains bullish till the time pair holds key support at 1142 mark. A sustained break below...
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