FxWirePro: USD/JPY extends range trade, hovers around 101 handle, NFP in focus
Aug 05, 2016 04:05 am UTC| Technicals
USD/JPY hovers around the 101 handle, trades an extremely narrow range in the Asian session. Jawboning attempts by the Japanese government official had little impact on the yen. Japan Ministry of Economy, Trade...
FxWirePro: ASX200 faces strong support at 21 day MA, good to buy on dips
Aug 05, 2016 02:39 am UTC| Technicals
Major support - 5,473 (21 day MA) The index has slightly recovered after making a low of 5476.It is currently trading around 5513.The index is facing strong support at 21 day MA and slight weakness can be seen only...
FxWirePro: USD/KRW stable around 1,110, bias remains neutral
Aug 05, 2016 02:34 am UTC| Technicals
USD/KRW is currently trading around 1,112 levels. It made intraday high at 1,112 and low at 1,110 levels. Intraday bias remains neutral till the time pair holds key support at 1,105 levels. A sustained close...
FxWirePro: Nikkei225 recovers slightly after making a low of 15894,good to sell on rallies
Aug 05, 2016 02:23 am UTC| Technicals
Major Support -16008 (daily Kijun-Sen) . Major resistance- 16415 (90 day EMA). Nikkei225 has recovered slightly after making a low of 15894 yesterday.It is currently trading around 16259. The intraday trend...
FxWirePro: Aussie gains against major peers after RBA’s monetary policy statements
Aug 05, 2016 02:03 am UTC| Technicals
AUD/NZD is currently trading around 1.0641 marks. Pair made intraday high at 1.0647 and low at 1.0619 marks. Intraday bias remains bullish till the time pair holds key support at 1.0623 levels. In addition,...
FxWirePro: Taiwanese dollar appreciates against USD on robust CPI data release
Aug 05, 2016 01:24 am UTC| Technicals
USD/TWD is currently trading around 31.63 marks. It made intraday high at 31.69 and low at 31.62 marks. Intraday bias remains bearish till the time pair holds key resistance at 31.93 marks. A sustain close...
FxWirePro: GBP/USD intraday downside momentum strong after Bank of England cuts rates
Aug 04, 2016 13:57 pm UTC| Technicals
GBP/USD declined sharply on Thursday as sterling attracted sellers after the Bank of England cut interest rates to a record-low 0.25 percent from 0.5 percent. BoE also announced that it would buy 60 billion pounds of...
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