
FxWirePro: AUD/USD struggles at 23.6% Fib, bias higher, stay long
May 17, 2017 06:01 am UTC| Technicals
AUD/USD is struggling to extend gains beyond 23.6% Fib retrace of 0.7749 to 0.7328 fall. The pair is holding 5-DMA support at 0.7405, we see weakness only on break below. We have seen a Bullish Bat Pattern...

FxWirePro: USD/INR hovers around 64.00 mark, faces strong support at 63.94
May 17, 2017 05:47 am UTC| Technicals
USD/INR is currently trading around 64.06 marks. It made intraday high at 64.18 and low at 63.95 marks. Intraday bias remains neutral till the time pair holds key support at 63.94 marks. Key resistances are...

FxWirePro: Nikkei trades weak on account of stronger yen, good to sell on rallies
May 17, 2017 05:34 am UTC| Technicals
Nikkei index declined yesterday after jumping till 19962 on account of stronger yen . U.S dollar declined against all major pairs due to weak economic data. U.S housing starts dropped 2.6% to a seasonally adjusted...

FxWirePro: USD/JPY breaks below 100-DMA, good to go short on rallies
May 17, 2017 05:01 am UTC| Technicals
USD/JPY breaks below 100-DMA at 112.87, intraday bias lower. US dollar was broadly sold-off into the US political disarray and increased doubts over Trumps ability to deliver on his campaign promises. Technical...

FxWirePro: Singapore dollar strengthens against U.S. dollar, stay bearish
May 17, 2017 03:55 am UTC| Technicals
USD/SGD is currently trading around 1.3942 marks. It made intraday high at 1.3959 and low at 1.3936 levels. Intraday bias remains bearish till the time pair holds key resistance at 1.3988 marks. A daily...

FxWirePro: USD/THB fails to fall below 34.44 mark, bias remains neutral
May 17, 2017 03:10 am UTC| Technicals
USD/THB is currently trading around 34.48 marks. It made intraday high at 34.49 and low at 34.44 marks. Intraday bias remains neutral till the time pair holds key support at 34.44 marks. On the top side, key...

May 17, 2017 02:28 am UTC| Technicals
EUR/KRW is currently trading around 1,239 mark. Pair made intraday high at 1,239 and low at 1,234 levels. Intraday bias remains bullish till the time pair holds key support at 1,225 mark. A daily close below...