
FxWirePro: Nikkei225 faces strong resistance at 17250, good to buy at dips
Jun 01, 2016 02:13 am UTC| Technicals
Major resistance - 17256 (100 W EMA ) Major support - 16635 (21 W MA) Nikkei index has made a high of 17250 and slightly retreated from that level. It is currently trading around 17125. Short term trend is...

FxWirePro: South Korean won falls on the back of lower than expected CPI data
Jun 01, 2016 01:36 am UTC| Technicals
USD/KRW is currently trading around 1190 levels. Overnight South Korea released CPI data with negative numbers. South Koreas May CPI growth Y/Y decreases to 0.8 % (forecast 0.90 %) vs previous 1.0%. In addition,...

FxWirePro: Japanese Yen gains in early hours on robust capital spending data
Jun 01, 2016 01:10 am UTC| Technicals
USD/JPY is currently trading around 110.55 marks. It made intraday high at 110.76 and low at 110.42 levels. Today Japan released capital spending data with positive numbers at 4.2% q/q vs 1.9% q/q consensus...
FxWirePro: USD/JPY stuck in range but maintains bullish bias
May 31, 2016 18:56 pm UTC| Technicals
The USD/JPY pair slipped towards lower levels during Tuesdays US session, as demand for Japaneses yen increased after U.S. economic data failed to support expectations for a June Federal Reserve interest rate...
FxWirePro: GBP/USD outlook weaker on renewed downside pressure
May 31, 2016 17:31 pm UTC| Technicals
British pound declined sharply against US dollar on Tuesday, as the pound came under strong selling pressure after a poll showed support for those who want Britain to leave the European Union, adding to growing uncertainty...
FxWirePro: AUD/USD cheered by upbeat data, but more downside expected
May 31, 2016 16:33 pm UTC| Technicals
The Australian dollar rebounded strongly against US dollar on Tuesday following encouraging economic data, dragging the pair all the way above 0.7250 levels. However after finding resistance at 0.7265, the pair retreated...
FxWirePro: USD/CAD maintains bullish bias with focus on 1.3150 levels
May 31, 2016 14:49 pm UTC| Technicals
USD/CAD gathered momentum on Tuesday after Canadian economic growth accelerated less than expected in the first three months of the year and boding poorly for second quarter that is expected to be impacted by Albertas...