
FxWirePro: USD/SGD breaks key resistance at 1.3528, upside limited
Jul 06, 2016 02:05 am UTC| Technicals
USD/SGD is currently trading around 1.3546 marks. It made intraday high at 1.3556 and low at 1.3495 levels. Intraday bias remains neutral till the time pair holds key support at 1.3528 levels. A daily close...

Nikkei225 trades well below 15500, targets 15000/14850
Jul 06, 2016 01:40 am UTC| Technicals
Major support -14770 (Feb 2nd 2016) Major Intraday resistance- 15595 (200 H EMA) Nikkei225 breaks major support 15500 and declined till 15208at the time of writing.It is currently trading around 15218. The...

FxWirePro: Silver stabilises back above $20.00 mark, FOMC minutes in focus
Jul 06, 2016 01:24 am UTC| Technicals
XAG/USD is currently trading around $20.23 marks. It made intraday high at $20.38 and low at $19.90 levels. Intraday bias remains bullish till the time pair holds key support at $19.88 marks. A sustained...

FxWirePro: USD/JPY breaks key support at 101.39, intraday bias remains bearish
Jul 06, 2016 01:04 am UTC| Technicals
USD/JPY is currently trading around 101.19 marks. It made intraday high at 101.76 and low at 101.05 levels. Intraday bias remains bearish till the time pair holds key resistance at 102.80 marks. A daily...
FxWirePro: GBP/USD outlook weaker on renewed downside pressure
Jul 05, 2016 18:35 pm UTC| Technicals
The GBP/USD slipped sharply from 1.3169 levels to hit low at 1.3000 in early the US Session as the pair was weighted down on growing worries about the economic and financial fallout of Britains vote to leave the European...

Chart of the Day: United Kingdom's Achilles' heel
Jul 05, 2016 17:43 pm UTC| Commentary Technicals
As of 2016, the United Kingdoms current account deficit has reached more than 7 percent of the GDP. However, the Kingdom can easily finance its deficit through its large capital account surplus and positive Foreign Direct...
FxWirePro: EUR/USD changes short term trend from bullish to bearish
Jul 05, 2016 17:34 pm UTC| Technicals
The EUR/USD pair has declined towards lower levels on Tuesday, as the US dollar gained strength across the board as weak Chinese data and Brexit worries triggered a fresh scramble for most liquid assets. At the moment...