
FxWirePro: USD/JPY finds stiff resistance at 21-EMA, good to short rallies
Mar 22, 2018 06:12 am UTC| Technicals
Markets unwind USD longs after a less hawkish FOMC outcome induced broad-based US dollar weakness. The Fed rose benchmark rate by 25bps as expected, but the dot-plot suggests only three rate hikes for this year,...

FxWirePro: DAX30 Daily Outlook
Mar 22, 2018 05:47 am UTC| Technicals
DAX index was trading flat yesterday and closed at 12309 0.01% higher. US markets declined slightly after showing a more than 1% jump. Dow and SP500 closed at 24682 (0.18% lower) after Fed monetary policy. SP500 futures is...

FxWirePro: AUD/USD capped below 20-DMA, edges lower on Australia employment data miss
Mar 22, 2018 05:38 am UTC| Technicals
AUD/USD halts FOMC-led gains, trades 0.24% lower on the day. Less hawkish FOMC outcome induced broad-based US dollar weakness, AUD/USD hit session highs of 0.7783. The pair failed to extend gains as Aussie...

FxWirePro: Indian rupee rises gradually against U.S. dollar, stay bearish
Mar 22, 2018 05:23 am UTC| Technicals
USD/INR is currently trading around 65.14 marks. It made intraday high at 65.26 and low at 65.09 marks. Intraday bias remains bearish till the time pair holds key resistance at 65.36 mark. Key resistances...

FxWirePro: USD/SGD stabilizes below 1.3150 mark, faces strong resistance at 1.3194 mark
Mar 22, 2018 02:36 am UTC| Technicals
USD/SGD is currently trading around 1.3128 marks. It made intraday high at 1.3131 and low at 1.3112 levels. Intraday bias remains bearish till the time pair holds key resistance at 1.3194 marks. A daily...

FxWirePro: EUR/KRW remains well supported above 1,310 mark, bias remains slightly bullish
Mar 22, 2018 01:56 am UTC| Technicals
EUR/KRW is currently trading around 1,317 mark. Pair made intraday high at 1,317 and low at 1,311 levels. Intraday bias remains bullish till the time pair holds immediate support at 1,310 mark. A sustained...

FxWirePro: Japanese yen rises in early Asia despite lower than expected manufacturing PMI data
Mar 22, 2018 01:36 am UTC| Technicals
USD/JPY is currently trading around 105.73 marks. It made intraday high at 106.08 and low at 105.57 levels. Intraday bias remains bearish till the time pair holds key resistane at 106.60 mark. A daily close...