
FxWirePro: Nikkei faces strong resistance at 20000, good to sell on rallies
May 11, 2017 02:59 am UTC| Technicals
Nikkeiis consolidating after hitting 20000 level and is trading at 17 month high. The index has gained almost 8.5% from the low made on Apr 14th 2017 on account of easing fears about euro zone and strong earnings. It is...

FxWirePro: Thai baht falls gradually against U.S. dollar, stay bullish
May 11, 2017 02:33 am UTC| Technicals
USD/THB is currently trading around 34.76 marks. It made intraday high at 34.81 and low at 34.75 marks. Intraday bias remains bullish till the time pair holds key support at 34.70 marks. On the top side,...

FxWirePro: EUR/KRW rejects key support at 1,227 mark, sustained close above targets 1,249 mark
May 11, 2017 01:54 am UTC| Technicals
EUR/KRW is currently trading around 1,230 mark. Pair made intraday high at 1,230 and low at 1,226 levels. Intraday bias remains bullish till the time pair holds key support at 1,227 mark. A daily close below...

FxWirePro: Kiwi falls against major peers as RBNZ keeps interest rates at a record low
May 11, 2017 01:07 am UTC| Technicals
AUD/NZD is currently trading around 1.0767 marks. Pair made intraday high at 1.0776 and low at 1.0625 marks. Intraday bias remains bullish till the time pair holds key support at 1.0610 marks. A daily close...
FxWirePro: EUR/USD neutral in the near-term, scope for downward resumption
May 10, 2017 17:27 pm UTC| Technicals
EUR/USD remained in strong bearish tone against dollar on Wednesday as euro was weighed down on expectations that U.S. central bank will raise interest rates in June. Boston Fed President Eric Rosengren, an...
FxWirePro: GBP/USD strongly bearish despite upside attempts
May 10, 2017 15:01 pm UTC| Technicals
The GBP/USD pair fell towards 1.2934 in the early US session on Wednesday as sterling came under selling interest ahead of this weeks Bank of England inflation report and policy meeting. Investors will be watching the...
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook
May 10, 2017 14:16 pm UTC| Technicals
USD/CAD pair declined on Wednesday as oil prices rose and dollar dipped after investors turned cautious after President Donald Trump fired his FBI chief. Oil prices rose after Iraq and Algeria joined Saudi Arabia in...