
FxWirePro: NZD/USD edges lower from session highs at 0.6813, momentum higher, good to buy dips
Jun 01, 2016 05:11 am UTC| Technicals
NZD/USD hit session highs of 0.6813, but has pared gains to currently trade at 0.6786 levels. US economic data overnight failed to support expectations for a June Fed interest rate hike, weighing on the...

FxWirePro: USD/JPY rangebound, upside intact till 110.34 support holds
Jun 01, 2016 04:32 am UTC| Technicals
US economic data overnight failed to support expectations for a June Fed interest rate hike. USD/JPY hit lows of 110.50 yesterday and remains rangebound in the Asian trade today. Persisting risk-off moods after...

FxWirePro: Gold fails to sustain above key resistance at $1218, good to sell on rallies
Jun 01, 2016 04:16 am UTC| Technicals
XAU/USD is currently trading around $1214 marks. It made intraday high at $1219 and low at $1213 marks. Intraday bias remains bearish till the time pair holds key resistance at $1222 marks. A daily close...

FxWirePro: Upbeat GDP data buoys Aussie bulls, AUD/CAD extends gains above 23.6% Fib, stay long
Jun 01, 2016 04:04 am UTC| Technicals
Upbeat Australian GDP report boosts Aussies bulls. Australias Q1 GDP q/q came in at +1.1% versus +0.8% expected and from +0.7% prior (revised higher from +0.6%). The latest GDP figures added to the recent streak of...

FxWirePro: Go short on USD/SGD at 1.3786 with stop loss at 1.3836 and target of 1.3721
Jun 01, 2016 03:11 am UTC| Technicals
USD/SGD is currently trading around 1.3777 marks. It made intraday high at 1.3788 and low at 1.3766 levels. Intraday bias remains bearish till the time pair holds key resistance at 1.3836 levels. A sustained...

ASX200 breaks major support 5340, decline till 5250/5235 is poss
Jun 01, 2016 02:59 am UTC| Technicals
Major resistance - 5430 Major intraday Support - 5340 (21 day MA) ASX200 has broken major support at 5340 and declined till 5303. It is currently trading at 5308. Short term trend is slightly bearish as long...

FxWirePro: Aussie gains against major peers on robust GDP data
Jun 01, 2016 02:35 am UTC| Technicals
AUD/NZD is trading around 1.0718 marks. Pair made intraday high at 1.0731 and low at 1.0646 marks. Today Australia released GDP data with positive numbers at 1.1% q/q vs 0.7% q/q (Revised from 0.6%) previous...