FxWirePro: USD/JPY slips below 112 handle, markets ignore poor Japan Manufacturing PMI data
Mar 22, 2016 04:26 am UTC| Technicals
USD/JPY broke the phase of consolidation and edged higher to take out 38.2% retracement of the Fed sell-off (113.816 to 110.667) at 111.87. The pair extended gains onto the 112 handle in early Asian trade, but was...
FxWirePro: USD/INR rejects key support at 66.35, intraday bias remains neutral
Mar 22, 2016 04:25 am UTC| Technicals
USD/INR is currently trading at 66.59 marks. It made intraday high at 66.63 and low at 66.51 levels. Intraday bias remains neutral for the moment. A daily close below 66.35 will take the parity back around...

ASX200 faces strong resistance around 5205, good to buy at dips
Mar 22, 2016 03:44 am UTC| Technicals
Major support - 5130 ASX200 has slightly recovered after making a low of 5151. It is currently trading at 5171. Short term trend is slightly bullish as long as support 5130 holds. Any break below 5130 will drag...

Gold fails to fall below $1240, good to buy on dips
Mar 22, 2016 03:32 am UTC| Technicals
XAU/USD is currently trading around $1245. It made intraday high at $1246 and low at $1242 levels. Intraday bias remains slightly bullish till the time pair holds key support at $1240 marks. A sustained...

FxWirePro: Nikkei225 faces strong resistance around 17300, good to buy at dips
Mar 22, 2016 03:11 am UTC| Technicals
Major resistance - 17300 The index has broken minor resistance around 17000 and jumped till 17097 at the time of writing slightly recovered after making a low of 17014. It is currently trading around 16664.Short term...

South Korean won continues to gain against US dollar, intraday bias remains bearish
Mar 22, 2016 02:40 am UTC| Technicals
USD/KRW is currently trading around 1160 levels. It made intraday high at 1164 and low at 1159 levels. Intraday bias remains bearish till the time pair holds key resistance at 1169 levels. A break above...
Aussie gains on the back of higher than expected HPI data
Mar 22, 2016 01:57 am UTC| Technicals
AUD/NZD is currently trading around 1.1205 levels. Pair made intraday high at 1.1214 and low at 1.1189 marks. Australias House Price Index rose 0.2% in the December quarter, following a 2.0% increase in the...