FxWirePro: AUD/JPY finds strong support at 85.85, break below could see further weakness
Aug 18, 2017 06:06 am UTC| Technicals
AUD/JPY is struggling to hold triangle breakout, is consolidating major slump overnight. Yen remians bid across the board on risk-off after Barcelona Terror Attack, dragging the pair lower. Intraday bias remains...
FxWirePro: Nikkei upside capped by 55- day EMA, good to sell on rallies
Aug 18, 2017 05:47 am UTC| Technicals
Nikkei has declined after hitting high of 19835 on Aug 15th 2017. The index has shown a minor selling from the high on account of global equities sell off strong yen. The index has declined till 19425 and is currently...
Aug 18, 2017 05:17 am UTC| Technicals
USD/JPY extends slump for 3rd consecutive session, closes below 5-DMA. We now see scope for test of Triple Bottom at 108.72. Violation there could see further weakness. Yen bid on risk-off after Barcelona Terror...
FxWirePro: NZD/JPY trades narrow range above 100-DMA at 79.60, weakness likely on break below
Aug 18, 2017 04:43 am UTC| Technicals
Kiwi fades upbeat NZ PPI data led gains, moderate risk-aversion keeps JPY bid weighing on NZD/JPY. Also, China new home prices which came in at slowest since August 2016, failed to impress markets. Negative Asian...
FxWirePro: USD/THB still in rigid movement, bias remains neutral
Aug 18, 2017 04:10 am UTC| Technicals
USD/THB is currently trading around 33.22 marks. It made intraday high at 33.27 and low at 33.22 marks. Intraday bias remains neutral till the time pair holds key support at 33.20 marks. On the top side, key...
FxWirePro: USD/SGD exhibits range bound movement, stay bearish only below 1.3618
Aug 18, 2017 03:47 am UTC| Technicals
USD/SGD is currently trading around 1.3650 marks. It made intraday high at 1.3673 and low at 1.3645 levels. Intraday bias remains bearish till the time pair holds key resistance at 1.3689 mark. A daily close...
FxWirePro: Chinese yuan falls as house price data fails to meet expectations
Aug 18, 2017 02:29 am UTC| Technicals
USD/CNY is currently trading around 6.6783 marks. It made intraday high at 6.6784 and low at 6.6729 levels. Intraday bias remains bullish till the time pair holds key support at 6.6675 mark. A sustained...
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