Nikkei breaks major resistance 17300, jump till 17600/17870 is possible
Apr 22, 2016 02:33 am UTC| Technicals
Major resistance - 17300 The index has broken major resistance 17300 and jumped till 17367 at the time of writing. It is currently trading around 17359..Short term trend is slightly bullish as long as support 16500...
Apr 22, 2016 02:08 am UTC| Technicals
XAU/USD is currently trading around $1250 mark. It made intraday high at $1252 and low at $1243 levels. Yesterday, bullion fails to sustain above $1270 on the back of unchanged ECB monetary policy statement as...
FxWirePro: USD/KRW remains well supported above 1135, good to buy on dips
Apr 22, 2016 01:34 am UTC| Technicals
USD/KRW is currently trading around 1140 levels. It made intraday high at 1141 and low at 1138 levels. Intraday bias remains bullish till the time pair holds immediate support at 1135 marks. A daily close...
FxWirePro: USD/JPY breaks key support at 109.48, Japan’s flash manufacturing PMI data eye
Apr 22, 2016 01:07 am UTC| Technicals
USD/JPY is currently trading around 109.38 marks. It made intraday high at 109.49 and low at 109.27 levels. Intraday bias remains neutral till the time pair holds key support at 109.48 marks. A daily close...
FxWirePro: AUD/USD declines to hit 4-day lows but bias is still bullish
Apr 21, 2016 19:46 pm UTC| Technicals
AUD/USD declined to trade in lower range on Thursday as risk appetite took over financial markets after ECB press conference. The pair broke below the 0.7760 support level in the US session and hit low at 0.7732,...
FxWirePro: USD/JPY maintains bullish bias with focus on 110.00
Apr 21, 2016 18:11 pm UTC| Technicals
The USD/JPY pair inched higher towards 109.80 on Thursday, a fresh 2-week high, as demand for risker assets increased following yesterdays positive US housing data. The major pair traded higher for most of the day,...
FxWirePro: Gold rallies to 1-month high, scope for further upside
Apr 21, 2016 15:29 pm UTC| Technicals
Gold retreated towards 1249 levels in volatile session on Thursday as dollar firmed after ECB press conference. The yellow metal initially jumped after European Central Bank President Mario Draghi said the monetary...
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