
FxWirePro: Nikkei225 faces resistance at 100 day 4EMA, good to sell on rallies
Jun 03, 2016 02:50 am UTC| Technicals
Major support - 16,400 Nikkei Index has snapped its early gains made today morning .It has declined around 0.12% today at the time of writing. and currently trading around 16582. Short term trend is slightly weak...

FxWirePro: AUD/NZD stable around fresh 4 –month low, good to sell on rallies
Jun 03, 2016 02:42 am UTC| Technicals
AUD/NZD is trading around 1.0605 marks. Pair made intraday high at 1.0623 and low at 1.0599 marks. Intraday bias remains bearish till the time pair holds immediate resistance at 1.0647/ 1.0739 marks. A...

FxWirePro: USD/KRW strongly holds 1190 mark, downside limited
Jun 03, 2016 01:53 am UTC| Technicals
USD/KRW is currently trading around 1190 levels. It made intraday high at 1192 and low at 1185 marks. Pair is moving in a firm range from 1185 to 1195 marks. Intraday bias remains neutral till the time pair...

FxWirePro: Japanese Yen falls in early hours after lower than expected cash earnings data
Jun 03, 2016 01:20 am UTC| Technicals
USD/JPY is currently trading around 108.97 marks. It made intraday high at 109.05 and low at 108.74 levels. Today Japan released average cash earnings data with negative numbers at 0.3% m/m vs 1.5% m/m previous...
FxWirePro: GBP/USD outlook weaker on renewed downside pressure
Jun 02, 2016 18:17 pm UTC| Technicals
GBP/USD declined on Thursday as selling continued after weak UK Construction data and renewed Brexit fears weighted on the pair. British construction orders fell last month for the first time in more than three years,...
FxWirePro: EUR/USD heads deeper into bear territory after ECB's downbeat forecasts
Jun 02, 2016 17:06 pm UTC| Technicals
The EUR/USD pair declined to post daily lows in the American session after European Central Bank chief Mario Draghi said the bank made only marginal upward adjustments to its inflation projections. The euro fell...
FxWirePro: AUD/USD gains some upside momentum but still bearish
Jun 02, 2016 15:43 pm UTC| Technicals
AUD/USD found renewed bearish momentum on Thursday as the pair was weighted down by domestic data and falling oil prices. Retail sales for the month of April declined slightly to print at 0.2 percent, undershooting...