
FxWirePro: EUR/KRW breaks key support at 1,232 mark, stay bearish
Dec 16, 2016 00:59 am UTC| Technicals
EUR/KRW is currently trading around 1,230 mark. Pair made intraday high at 1,232 and low at 1,229 levels. Intraday bias remains bearish till the time pair holds immediate resistance at 1,242 mark. A...
FxWirePro: GBP/USD neutral in the near-term, scope for downward resumption
Dec 15, 2016 19:07 pm UTC| Technicals
The Sterling remained in strong bearish tone against dollar on Thursday as selling interest continued as dollar extended its gains from a day earlier when the Federal Reserve hiked U.S. interest rates and signaled...
FxWirePro: EUR/USD dips below lower range, bearish bias increases
Dec 15, 2016 16:15 pm UTC| Technicals
The EUR /USD pair fell as low as 1.0393 in the US session as greenback was boosted by the prospect of more interest rate increases by the Federal Reserve next year. The Feds policy-setting committee, which raised...

Dec 15, 2016 12:56 pm UTC| Technicals
Major resistance- 1.0578 (3- day EMA) Major support 1.0500 EUR/USD breaks major support at 1.0500 after Fed hiked interest rates by 25bpbs. It is currently trading around 1.04885. The pair breaks the fresh...

FxWirePro: USD/JPY spikes above 118 handle on hawkish Fed statement, bias higher
Dec 15, 2016 12:30 pm UTC| Technicals
FOMC raised the target Fed Funds rate by 25bp as expected and signalled a faster pace of hikes in 2017 (three times according to the dot plot, up from the previous two). A more hawkish than expected statement boosted...

FxWirePro:EUR/USD faces strong support at 1.04600, good to sell on rallies
Dec 15, 2016 12:11 pm UTC| Technicals
Major resistance- 1.0578 (3- day EMA). Major support 1.0500 EUR/USD breaks major support at 1.0500 after Fed hiked interest rates by 25bpbs. It is currently trading around 1.04885. The pair traded at fresh...

FxWirePro: DAX30 breaks 161.8% fibo level, good to buy on dips
Dec 15, 2016 09:19 am UTC| Technicals
Major Resistance- 11327 (161.8% retracement of 10830 and 10025) Major support 10485 (trend line joining 9302 and 10200) The index jumped slightly above 11327 today European session after Fed hiked interest rates...