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FxWirePro: Taiwanese dollar appreciates despite lower than expected manufactuting PMI data

Mar 04, 2019 04:03 am UTC| Technicals

USD/TWD is currently trading around 30.80 marks. It made intraday high at 30.86 and low at 30.78 marks. Intraday bias remains neutral till the time pair moves in stiff boundaries from 30.50 to 30.90 mark. A...

FxWirePro: USD/THB hovers around 31.80 mark, sustained close above requires for upside rally

Mar 04, 2019 02:46 am UTC| Technicals

USD/THB is currently trading around 31.78 marks. It made intraday high at 31.83 and low at 31.73 marks. Intraday bias remains neutral for the moment. On the top side, key resistances are seen at 31.93, 32.02...

FxWirePro: Singapore dollar trades marginally higher in early Asia, consistent close below 1.3552 targets 1.3422 mark

Mar 04, 2019 01:53 am UTC| Technicals

USD/SGD is currently trading around 1.3540 marks. It made intraday high at 1.3552 and low at 1.3528 levels. Intraday bias remains slightly bearish till the time pair holds key resistance at 1.3552 mark. A...

FxWirePro: South Korean won trades marginally higher despite lower than expected manufacturing PMI data

Mar 04, 2019 01:17 am UTC| Technicals

EUR/KRW is currently trading around 1,280 mark. It made intraday high at 1,282 and low at 1,278 levels. Intraday bias remains neutral till the time pair holds key resistance at 1,282 mark. A sustained close...

FxWirePro: Gold Weekly Outlook

Mar 03, 2019 15:58 pm UTC| Technicals

Gold continues to trade lower for 2ndweek after forming a minor top around $1346.67 level. The decline was due to slight jump in US dollar and surging US 10 year yield. The yellow metal hits low of $1290.27 and closed...

FxWirePro: DXY trades above 50- day MA, jump till 97.50 likely 

Mar 01, 2019 17:20 pm UTC| Technicals

Major resistance - 96.25 (50- day MA) DXY is trading higher for 2ndconsecutive day and jumped more than 60 pips. The index hits intraday high of 96.41 and is currently trading around 96.40. On the higher side...

FxWirePro: NZD/CAD struggles to close below 110-EMA, sideways grind to continue

Mar 01, 2019 13:23 pm UTC| Technicals

NZD/CAD chart on Trading View used for analysis NZD/CAD is trading at 0.8979, up 0.16% at 1225 GMT, bias neutral. The pair is extending sideways grind and is holding strong support at 110-EMA. We see...

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Technology

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Samsung Gains Interest from BYD, Google, AMD as AI Chip Demand Strains TSMC Capacity

Samsung Electronics is attracting growing attention from major global technology companies as demand for advanced semiconductor manufacturing continues to exceed available capacity at Taiwan Semiconductor Manufacturing Co....
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