
Nikkei faces psychological support at 19000, good to buy on dips
Feb 21, 2017 02:59 am UTC| Technicals
Nikkei has continued its winning streak for the second consecutive days on account of weaker yen. The index is facing strong support at 55- day EMA at 18955and any further weakness can be seen only below that level. It is...

FxWirePro: EUR/KRW remains well supported below 1,220 mark, good to sell on rallies
Feb 21, 2017 02:28 am UTC| Technicals
EUR/KRW is currently trading around 1,212 mark. Pair made intraday high at 1,217 and low at 1,212 levels. Intraday bias remains bearish till the time pair holds key resistance at 1,221 mark. A daily close...

FxWirePro: Potential 'Bullish Gartley' on AUD/USD, good to short rallies
Feb 21, 2017 02:24 am UTC| Technicals
The RBA minutes painted a mixed picture, thus leaving the Aussie largely unimpressed. RBA minutes showed policymakers see resource exports to boost GDP, but cautious comments prevailed on the labor market. The central...

FxWirePro: Aussie gains against kiwi after RBA’s meeting minutes
Feb 21, 2017 01:48 am UTC| Technicals
AUD/NZD is currently trading around 1.0713 marks. Pair made intraday high at 1.0721 and low at 1.0682 marks. Intraday bias remains bullish till the time pair holds immediate support at 1.0648 marks. A daily...

FxWirePro: Japanese yen marginally lower despite higher than expected flash manufacturing PMI data
Feb 21, 2017 01:04 am UTC| Technicals
USD/JPY is currently trading around 113.37 marks. It made intraday high at 113.41 and low at 113.07 levels. Intraday bias remains bullish till the time pair holds key support at 112.79 marks. A daily close...

FxWirePro: GBP/JPY takes support near 200 –day MA, good to sell on rallies
Feb 20, 2017 13:47 pm UTC| Technicals
Major resistance - 142.25 (trend line joining 144.78 and 144.69) Major support 139.60 (200- day MA) GBP/JPY has broken major support at 141 and declined till 139.60 on Friday. It has taken support near 200- day...

FxWirPro:GBP/USD takes support near 1.23800, good to buy on dips
Feb 20, 2017 12:30 pm UTC| Technicals
Major intraday support - 1.23800 (Feb 15th 2017 low) Major Resistance 1.2567 (100- day EMA) Cable has once again recovered sharply after making a low of 1.23875 level. It is currently trading around...