
FxWirePro: USD/JPY rangebound around 5-DMA support, US dollar subdued post softer US CPI data
May 11, 2018 04:07 am UTC| Technicals
US dollar extended weakness overnight after weaker than expected US CPI data accelerated profit taking. The US core Consumer Price Index year-on-year for April came below expectations at 2.1% versus 2.2% forecast by...

FxWirePro: USD/TWD remains well supported above 29.50 mark, good to buy on dips
May 11, 2018 03:34 am UTC| Technicals
USD/TWD is currently trading around 29.74 marks. It made intraday high at 29.82 and low at 29.63 marks. Intraday bias remains bullish till the time pair holds key support at 29.50 marks. A daily close above...

FxWirePro: USD/THB back below 32.00 mark, consistent close above 31.96 requires for upside rally
May 11, 2018 02:54 am UTC| Technicals
USD/THB is currently trading around 31.94 marks. It made intraday high at 31.97 and low at 31.91 marks. Intraday bias remains slightly bearish till the time pair holds key resistance at 31.96 mark. On the...

FxWirePro: Singapore dollar trades marginally lower ahead of retail sales data, bias remains neutral
May 11, 2018 02:30 am UTC| Technicals
USD/SGD is currently trading around 1.3382 marks. It made intraday high at 1.3386 and low at 1.3364 levels. Intraday bias remains neutral till the time pair holds key support at 1.3363 mark. A daily close...

FxWirePro: EUR/KRW hovers around 1,270 mark, upside limited
May 11, 2018 01:33 am UTC| Technicals
EUR/KRW is currently trading around 1,271 mark. Pair made intraday high at 1,272 and low at 1,267 levels. Intraday bias remains neutral till the time pair holds immediate support at 1,267 mark. A sustained...

FxWirePro: EUR/JPY holds support at 200W SMA (129.19), weakness only on break below
May 10, 2018 12:42 pm UTC| Technicals
EUR/JPY bounces off strong support at 200W SMA at 129.19, we see weakness only on break below. The pair is extending gains for 2nd straight session, trades 0.10% higher on the day. Upside now finds stiff...

FxWirePro: USD/JPY struggles to hold above 110 handle, bearish divergence keeps scope for downside
May 10, 2018 12:18 pm UTC| Technicals
US dollar index has declined sharply after hitting highs of 93.42. USD/JPY struggles to hold gains above 110 handle. The major edged higher from lows of 109.54 in Tokyo low to reach 110.01, before relapsing to 109.62...