
FxWirePro: USD/JPY extends range trade below 5-DMA at 112.52, bias lower
Oct 12, 2017 03:38 am UTC| Technicals
USD/JPY spiked to session highs at 112.58 after FOMC minutes on Wednesday, but quickly faded the spike to close lower. FOMC minutes disappointed markets, didnt offer anything new. Fed officials saw another rate hike...

FxWirePro: Nikkei trades higher on weak yen, good to buy on dips
Oct 12, 2017 03:16 am UTC| Technicals
Nikkei trading extremely bullish and hits fresh 2- year high after breaking high of 20965. The index jumped till 20995 and prices are supported by weak yen and strong global indices. Nikkei has formed a temporary bottom...

FxWirePro: Thai baht appreciates sharply against U.S. dollar, stay bearish
Oct 12, 2017 02:58 am UTC| Technicals
USD/THB is currently trading around 33.13 marks. It made intraday high at 33.18 and low at 33.12 marks. Intraday bias remains bearish till the time pair holds key resistance at 33.25 mark. A daily close...

FxWirePro: Singapore dollar trades flat in early Asia ahead of retail sales data
Oct 12, 2017 02:08 am UTC| Technicals
USD/SGD is currently trading around 1.3543 marks. It made intraday high at 1.3547 and low at 1.3527 levels. Intraday bias remains neutral till the time pair holds key resistance at 1.3542 mark. A daily close...

FxWirePro: EUR/KRW breaks key resistance at 1,340 mark, good to buy on dips
Oct 12, 2017 01:26 am UTC| Technicals
EUR/KRW is currently trading around 1,343 mark. Pair made intraday high at 1,343 and low at 1,341 levels. Intraday bias remains slightly bullish till the time pair holds key support at 1,338 mark. A...

FxWirePro: US Oil upside capped by 61.8% fibo, good to sell on rallies
Oct 11, 2017 12:45 pm UTC| Technicals
US Oil has jumped sharply from the low of $49.11 made yesterday on account of output cut by major OPEC producers and expected pick up in global demand. The commodity touched till $51.39 at the time of writing and is...

Oct 11, 2017 12:27 pm UTC| Technicals Insights & Views
Although WTI crude prices have plummeted recent upswings especially in European trading sessions, after rejecting below stiff resistance level at 51.22, we uphold our gutsy but momentary bullish stances. Bulls have...