FxWirePro: Nikkei225 faces strong support at 16300, good to buy at dips
May 16, 2016 02:24 am UTC| Technicals
Major resistance - 16985 (100 day EMA) Major support - 16425 (10 day EMA) Nikkei index has declined yesterday after making a high of 16805 at the time of writing.It is currently trading around 16459. Short...
FxWirePro: USD/SGD almost flat in early Asia, upside limited
May 16, 2016 02:23 am UTC| Technicals
USD/SGD is currently trading around 1.3718 marks. It made intraday high at 1.3740 and low at 1.3715 levels. Intraday bias remains neutral till the time pair holds key support at 1.3723. A sustained close...
FxWirePro: South Korean won hovers around key resistance at 1178, intraday bias remains neutral
May 16, 2016 01:49 am UTC| Technicals
USD/KRW is currently trading around 1178 levels. Today South Korea released trade balance data with flat numbers at 8.80B m/m. Intraday bias remains neutral till the time pair holds key resistance at 1178...
FxWirePro: Japanese Yen falls in early Asia on the back of lower than expected PPI data
May 16, 2016 01:12 am UTC| Technicals
USD/JPY is currently trading around 108.80 marks. It made intraday high at 108.84 and low at 108.46 levels. Today Japan released PPI data with negative numbers at -4.2% m/m vs -3.8% m/m previous...
FxWirePro: EUR/USD resumes downside after failing to break above 1.1375 levels
May 13, 2016 14:52 pm UTC| Technicals
EUR /USD declined sharply on Friday, after US retail sales data printed better than expected figures at 1.3%. Immediately after the data release the pair declined almost 50 pips. Currently the pair is trading around...
FxWirePro: GBP/USD dips below lower range, bearish bias increases
May 13, 2016 14:22 pm UTC| Technicals
The GBP/USD pair declined sharply on Friday to hit three week low after Bank of Englands Governor Mark Carney warned of recession if Britain votes on Junes 23 to exit the European Union. The pair was further weighted...
FxWirePro: USD/JPY maintains bullish bias with focus on 110.00 levels
May 13, 2016 12:25 pm UTC| Technicals
The pair remained in strong bullish tone on Friday as buying interest continued on dips as the pair was helped by view that the Federal Reserve is still on track to raise rates before any other major central bank. The...
Electricity from farm waste: how biogas could help Malawians with no power
What the Supreme Court is doing right in considering Trump’s immunity case
US election: why it’s not the protesters’ votes that the Democrats should worry about
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects