FxWirePro: Taiwanese dollar gains on robust manufacturing PMI data, stay bearish
Apr 05, 2017 01:41 am UTC| Technicals
USD/TWD is currently trading around 30.40 marks. It made intraday high at 30.48 and low at 30.33 marks. Intraday bias remains bearish till the time pair holds key resistance at 30.59 marks. A daily close...
FxWirePro: EUR/KRW hovers around 1,200 mark, sustained close above targets 1,214
Apr 05, 2017 01:03 am UTC| Technicals
EUR/KRW is currently trading around 1,198 mark. Pair made intraday high at 1,199 and low at 1,197 levels. Intraday bias remains neutral till the time pair holds key support at 1,198 mark. A daily close below...
FxWirePro: GBP/USD strongly bearish despite upside attempts
Apr 04, 2017 14:16 pm UTC| Technicals
GBP/USD declined on Tuesday as sterling was weighted down by downbeat UK construction data and political risks associated with Britains departure from the European Union. Growth in Britains construction industry...
FxWirePro: US Dollar Index struggles to close above 55- day EMA, good to buy on dips
Apr 04, 2017 13:00 pm UTC| Technicals
Major support 98.86 (61.8% retracement of 95.89 and 103.82). Major resistance 100.70 (55- day EMA). DXY recovered slightly till 100.73 after making a low of 100.25. It is currently trading around...
Apr 04, 2017 12:27 pm UTC| Technicals
Major support 137.50 (Mar 29th 2017 low). Major resistance 140.10 GBPJPY broken the major support at 137.50 low formed on Mar 29th 2017 and declined till 137.21 level at the time of writing. It is currently...
EUR/USD faces trend line support at 1.06400, break below targets further bearishness
Apr 04, 2017 10:51 am UTC| Technicals
Major support 1.06400 (Trend line joining 1.04971 and 1.05250). Major intraday resistance 1.0709 (21- day EMA). EUR/USD consolidating in narrow range for the past three after heavy decline from the high of...
FxWirePro: AUD/JPY breaks major trendline support at 83.75, eyes 200-DMA, stay short
Apr 04, 2017 10:48 am UTC| Technicals
AUD/JPY extending declines after failing at 100-DMA on March 31st trade. Break below major trendline at 83.75 has opened scope for test of 200-DMA at 81.75. Weekly charts highly bearish, RSI and Stochs steeply...
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