FxWirePro: AUD/USD recovers gap down open, bearish trend firmly in place
May 16, 2016 04:25 am UTC| Technicals
AUD/USD has recovered the opening downside gap but bearish trend in the pair firmly in place. Poor Chinese data over the weekend weighed heavily on the pair, AUD/USD hit session lows at 0.7244. AUD/USD currently...
FxWirePro: AUD/NZD refrains to fall below key support at 1.0704, good to sell on rallies
May 16, 2016 04:11 am UTC| Technicals
AUD/NZD is trading around 1.0762 marks. Pair made intraday high at 1.0783 and low at 1.0704 marks. Intraday bias remains bullish till the time pair holds key support at 1.0700 marks. A daily close below...
FxWirePro: NZD/USD recovers from session lows at 0.6746, good to buy breakout above 0.6770
May 16, 2016 03:53 am UTC| Technicals
Kiwi hammered earlier on the day on account of poor Chinese data, Chinese retail sales, industrial output and fixed asset investment data came in below estimates. Risk conditions slightly improving on the back of...
FxWirePro:ASX200 faces strong support at 5300, good to buy at dips
May 16, 2016 02:52 am UTC| Technicals
Major resistance - 5380 Major Support - 5307 (10 day EMA) ASX200 pares early losses made today and slightly jumped till 5372 at the time of writing. It is currently trading at 5368. Short term trend is...
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...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects