May 24, 2016 04:54 am UTC| Technicals
EUR/JPY trades a narrow 20 pip range in the Asian session, made a high at 122.69 and low at 122.47. The pair extending losses after Japans hopes to obtain endorsement for interventions was crushed at G7 meet. Our...
May 24, 2016 04:42 am UTC| Technicals
Ever since the slumps from rising wedge resistance at 74.824 levels, the pair has been consistently tumbling. Bears have again been active to push back southwards breaking support at 73.863 levels. The current prices...
FxWirePro: USD/INR hits fresh 2 –month high at 67.71, intraday bias remains bullish
May 24, 2016 04:30 am UTC| Technicals
USD/INR is currently trading around 67.64. It made intraday high at 67.71 and low at 67.46 marks. Intraday bias remains bullish till the time pair holds key support at 67.26 marks. In addition, a daily close...
FxWirePro: USD/JPY consolidates overnight losses, downside intact, stay short
May 24, 2016 04:21 am UTC| Technicals
Japanese yen outperformed overnight on risk aversion, USD/JPY hit lows of 109.11. USD/JPY bulls were rejected at 110.58 last week and the downside took out the 109.70 level. The pair finds stiff resistance...
FxWirePro: Kiwi falls sharply against major peers, AUD/NZD back above 1.07 marks
May 24, 2016 02:52 am UTC| Technicals
AUD/NZD is trading around 1.0727 marks. Pair made intraday high at 1.0734 and low at 1.0672 marks. Intraday bias remains neutral till the time pair holds key resistance at 1.0741 marks. A daily close below...
FxWirePro: ASX200 faces resistance at 5400,good to sell on rallies
May 24, 2016 02:48 am UTC| Technicals
Major resistance - 5400 Major Support - 5293 (21 day MA) ASX200 has made a high of 5370 and slightly retreated from that level.It is currently trading at 5314.Short term trend is slightly bearish as long as...
FxWirePro: Nikkei225 faces support at 100 day 4H MA, good to sell on rallies
May 24, 2016 02:33 am UTC| Technicals
Major resistance - 16985 (11 May High) Major support - 16375 (100 day 4H MA) Nikkei index has slightly recovered after making a low of 16409 . It is currently trading around 16525. Short term trend is...
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