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FxWirePro: Malaysian ringgit erases previous gain against US dollar, good to buy on dips

Apr 01, 2016 04:54 am UTC| Technicals

Pair is currently trading around 3.9033 marks. It made intraday high at 3.9058 and low at 3.8818 levels. Intraday bias remains bullish till the time pair holds key support at 3.8720. A sustained break below...

FxWirePro: AUD/JPY weak on risk-off, slips below strong trendline support, good to sell rallies

Apr 01, 2016 04:46 am UTC| Technicals

AUD/JPY under heavy selling pressure in Asia, dented by risk-off across markets. Selling in the Nikkei 225 which was down over 3%, (adding pressure on Yen crosses). The pair printed a day low of 85.78 and has...

FxWirePro: Gold range bound in Asia, NFP job data in focus

Apr 01, 2016 04:09 am UTC| Technicals

XAU/USD is currently trading around $1230 mark. It made intraday high at $1234 and low at $1229 levels. Intraday bias remains neutral till the time pair holds key support at $1222 marks. On the top side,...

FxWirePro: AUD/USD breaks strong trendline support, good to go short

Apr 01, 2016 04:06 am UTC| Technicals

AUD/USD was dragged down by risk-aversion in early Asian session, the pair slipped from days highs at 0.77 to hit lows of 0.7647. The Aussie attempts a minor recovery after Chinese PMI datasets helped cushion the...

FxWirePro:ASX200 faces major resistance around 5080, good to sell on rallies

Apr 01, 2016 03:02 am UTC| Technicals

Major resistance - 5100 ASX200 has broken minor support 5020 and declined till 4982 at the time of writing. It is currently trading at 4995. Short term trend is slightly weak as long as resistance 5100 holds. Any...

Nikkei225 breaks major support 16500, decline till 15500 is possible

Apr 01, 2016 02:49 am UTC| Technicals

Major Support - 16500 The index has broken major support 16500 and declined till 16253 at the time of writing.It is currently trading around 16278.Short term trend is bearish as long as resistance 16700 (7 W EMA)...

FxWirePro: USD/SGD hovers around 1.3500, intraday bias remains neutral

Apr 01, 2016 02:48 am UTC| Technicals

USD/SGD is currently trading around 1.3502 marks. It made intraday high at 1.3506 and low at 1.3457 levels. Intraday bias remains neutral till the time pair holds initial resistance at 1.3524 levels. A daily...

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