
FxWirePro: South Korean won falls gradually against euro, upside limited
Apr 10, 2017 02:00 am UTC| Technicals
EUR/KRW is currently trading around 1,205 mark. Pair made intraday high at 1,206 and low at 1,200 levels. Intraday bias remains bullish till the time pair holds key support at 1,203 mark. A daily close below...

FxWirePro: Nikkei225 forms Bullish pattern, good to buy on dips
Apr 10, 2017 01:32 am UTC| Technicals
Harmonic chart pattern - Bullish AB=CD . Nikkei has recovered slightly after making a low of 18500 on Friday. The index declined sharply on Friday on account of geopolitical risk along with expensive valuation.It is...

FxWirePro: Japanese yen falls in early Asia after BOJ’s comments
Apr 10, 2017 01:28 am UTC| Technicals
USD/JPY is currently trading around 111.45 marks. It made intraday high at 111.57 and low at 111.00 levels. Intraday bias remains bullish till the time pair holds key support at 110.50 marks. A daily close...
FxWirePro: USD/CAD strongly bearish despite upside attempts
Apr 07, 2017 14:23 pm UTC| Technicals
The USD/CAD pair declined on Friday as higher oil prices and stronger-than-expected Canadian jobs report strengthened the Canadian dollar against its U.S. counterpart. Canadian employers added a greater-than-expected...

US Dollar Index breaks minor resistance 100.85, jump till 101.50 likely
Apr 07, 2017 13:10 pm UTC| Technicals
Major support 98.86 (61.8% retracement of 95.89 and 103.82). Major resistance 100.70 (55- day EMA). DXY facing strong resistance at 100.85 high made on Apr 5th 2017 and any break above confirms minor...

Apr 07, 2017 12:52 pm UTC| Technicals
Major support - 110.20 (trend line joining 102.89 and 104). CHF/JPY continuously showing weakness for the past twenty days and has broken major trend line support at 110.20 yesterday. Short term trend is still...

FxWirePro: AUD/CAD dips into daily cloud, on track to test 100-DMA at 0.9986
Apr 07, 2017 11:42 am UTC| Technicals
AUD/CAD price action dips into daily cloud, scope for downside. The pair is extending declines along 5-DMA, on track to test 100-DMA at 0.9986. Technical studies point to further downside, we see no signs of...