Volatility of the Korean won peaks due to geo-political tensions
Feb 15, 2016 12:53 pm UTC| Technicals
North Korea has decided yesterday to close the Gaeseong industrial complex that it would operate with the South together. This was in respond to South Koreas decision to shut down operations earlier in the day after North...
USD/CAD faces strong support around 1.3780, break below targets 1.3635
Feb 15, 2016 11:38 am UTC| Technicals
Major Support - 1.3780 (Sep 9th 2015) Loonie has retreated after making a high of 1.4016 on Thursday. It is currently trading around 1.38205. The pairs major support is around 1.3780 and break below targets...
Feb 15, 2016 11:30 am UTC| Technicals
Major Resistance - 165.15 (trend line joining 173.75 and 170.63) GBP/JPYbreaks trend line 165.20 and jumped till 165.75. It is currently trading around 165.05. On the downside Minor support is around 163.95 and...
Feb 15, 2016 11:13 am UTC| Technicals
Pair is currently trading at 0.9828 levels. It made intraday high at 0.9840 and low at 0.9763 levels. Recent development is raising the chance of medium term trend reversal. Short term trend remains bullish till...
AUD/USD intraday bias remains neutral, RBA meeting minutes in focus
Feb 15, 2016 10:15 am UTC| Technicals Central Banks
Pair is well supported above $0.7100 levels. It made intraday high at $0.7171 and low at $0.7100 levels. Corrective rebound from $0.6826 should have completed at 0.7241 already. On the top side, a daily...
S&P500 faces strong resistance around 1890, break above targets 1950
Feb 15, 2016 10:07 am UTC| Technicals
Major resistance -1890 Major support -1860 The index is facing major resistance around 1890 (trend line joining 2082 and 1946) and any break above confirms minor trend reversal, a jump till 1946 is...
USD/INR well supported above 68.00 mark, short on rallies
Feb 15, 2016 09:16 am UTC| Technicals
Pair is currently trading at 68.1050 marks. It made intraday high at 68.19 and low at 68.06 levels. A daily close above 68.46 marks will take the parity towards new multi year high above 69.22 levels. On the...
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