Sep 13, 2016 04:47 am UTC| Technicals
Although EUR seems to have taken a halt from its momentary bull run against JPY (see 1H plotting), we see healthy momentum in upswings upto 114.606 levels. Strong resistance at 114.606 levels. Upswings in EURJPY...
FxWirePro: Aussie fails to hold Chinese data led gains, good to short AUD/USD break below 0.7540
Sep 13, 2016 04:20 am UTC| Technicals
Upbeat Chinese data releases failed to lift sentiment across markets. Most major Asian indices slipped into the red. Aussie failed to hold gains after the trio of upbeat China data release - retail sales, industrial...
Gold downside capped by 61.8% fibo, good to buy above $1332
Sep 13, 2016 04:15 am UTC| Technicals
Major resistance - $1345 The yellow metal has recovered sharply from the low of $1320 made yesterday. It is currently trading around $1330.34. Intraday support is around $1321 (61.8% retracement of $1302.55 and...
FxWirePro: Silver jumps above $19.00 mark, good to buy on dips
Sep 13, 2016 03:58 am UTC| Technicals
XAG/USD is currently trading around $19.20 marks. It made intraday high at $19.26 and low at $18.95 levels. Intraday bias remains bullish till the time pair holds key support at $18.88 levels. A daily close...
FxWirePro: USD/KRW remains well supported above 1,100 mark, bias remains neutral
Sep 13, 2016 02:48 am UTC| Technicals
USD/KRW is currently trading around 1,109 levels. It made intraday high at 1,110 and low at 1,107 marks. Intraday bias remains neutral till the time pair holds key support at 1,102 levels. A daily close...
FxWirePro:ASX200 struggles to break 200-day MA, good to sell on rallies
Sep 13, 2016 02:43 am UTC| Technicals
Major resistance -5296 (3-day EMA). Major support - 5208(200- day MA). The index has broken major support at 200- day MA and slightly recovered from that level. It is currently trading around 5231. On the...
FxWirePro:Nikkei225 faces strong support at 16400, good to sell on rallies
Sep 13, 2016 02:25 am UTC| Technicals
Major support -1641 (100- day MA). Nikkei225 has recovered after making a low of 16506.It is currently trading around 16673. The index has formed temporary top around 17159 and is struggling to break that level....
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