Mar 17, 2016 04:37 am UTC| Technicals
Kiwi rallied against the US Dollar buoyed by a more dovish than anticipated FOMC statement and upbeat NZ GDP data. New Zealand Q4 GDP arrived at +0.9% q/q vs the +0.6% expected vs. 0.9% prior, and y/y actual at 2.3%...

USD/MYR hits 6 -month low, intraday bias remains bearish
Mar 17, 2016 04:29 am UTC| Technicals
Pair is currently trading around 4.0840. It made intraday high at 4.0933 and low at 4.0688 levels. Intraday bias remains bearish till the time pair holds key resistance at 4.1235. A sustained break above key...

FxWirePro: AUD/USD breaks above 0.76 barrier, good to buy dips
Mar 17, 2016 04:05 am UTC| Technicals
AUD bulls ignore poor show in the Australian jobs data, push higher to break the 0.76 handle after a surprisingly dovish FOMC. Australias Bureau of Statistics reveled a 0.3k increase in total employment (seasonally...

Gold rebounds from earlier losses, good to buy on dips
Mar 17, 2016 03:59 am UTC| Technicals
Gold rose 2.49% to $1,261.70 an ounce on New Yorks Comex in the minutes following the FOMC monetary policy statement. XAU/USD is currently trading around $1255 mark. It made intraday high at $1262 and low at...
US Oil breaks major resistance around $39, targets $40.85
Mar 17, 2016 03:14 am UTC| Technicals
Major resistance -$39 Minor support - $38 US Oil has broken major resistance $39 and jumped till $39.35. It is currently trading around $39.11.Short term trend is bullish as long as support $36 holds. On the...

USD/KRW hits fresh 2- month low, likely to test 1162 mark
Mar 17, 2016 02:31 am UTC| Technicals
USD/KRW is currently trading around 1174 levels. It made intraday high at 1177 and low at 1173 levels. Intraday bias remains bearish for the moment. Pair breaks key support at 1180 mark and hits fresh 2...

USD/SGD hovers just above 7- month low, intraday bias remains bearish
Mar 17, 2016 02:01 am UTC| Technicals
Pair is currently trading around 1.3632 marks. It made intraday high at 1.3671and low at 1.3613 levels. Intraday bias remains bearish for the moment. Pair breaks initial support level at 1.3720 and dragged...