
ASX200 breaks major support 5075, decline till 5020/4980 is possible
Mar 24, 2016 03:34 am UTC| Technicals
Major support - 5075 ASX200 has broken major support 575 and declined till 5066 at the time of writing . It is currently trading at 5085. Short term trend is slightly weak as long as resistance 5160 holds. Any...
FxWirePro: Nikkei faces strong resistance at 17300, good to sell on rallies
Mar 24, 2016 03:24 am UTC| Technicals
Major resistance - 17300 The index is consolidating between 16561 and 17125 for the past three trading session. It is currently trading around 16664.Short term trend is weak as long as resistance17300...

FxWirePro: USD/THB hovers around 35.25, intraday bias remains bullish
Mar 24, 2016 02:09 am UTC| Technicals
USD/THB is trading around 35.26 levels. It made intraday high at 35.26 and low at 35.17 levels. Yesterday Thailand central bank kept policy rate unchanged at 1.50 pct as expected. Intraday bias remains...

FxWirePro: USD/KRW rejects key support at 1153, good to buy on dips
Mar 24, 2016 01:26 am UTC| Technicals
USD/KRW is currently trading around 1168 levels. It made intraday high at 1166 and low at 1169 levels. Intraday bias remains bullish till the time pair holds key support at 1153 levels. A sustained close...

FxWirePro: Kiwi erases previous loss against Aussie after better than expected trade balance data
Mar 24, 2016 01:00 am UTC| Technicals
AUD/NZD is hovering around 1.1200 marks. Pair made intraday high at 1.1237 and low at 1.1193 marks. New Zealand recorded its highest trade surplus in nine months in February as exports rose further than...
FxWirePro: EUR/USD pauses decline, downside risk remains intact
Mar 23, 2016 15:18 pm UTC| Technicals
EUR/USD has declined sharply to hit low at 1.4885 levels. However, after finding support at 1.1160 levels the pair has recovered to trade around 1.1175 levels. Currently the pair trying to consolidate above 1.1160...
Mar 23, 2016 12:29 pm UTC| Technicals
The implied volatilities of ATM contracts are just shy above 7% for next 3 months tenors, whereas risk reversals have been bearish neutral. So if anyone believes it can still be possible to pull out returns from this...