FxWirePro:Nikkei trades lower on stronger yen, good to buy on dips
Sep 07, 2016 02:51 am UTC| Technicals
Major support -16850 (200- day MA). Nikkei225 has formed a temporary top around 17159 and started to decline from that level on account of stronger yen.It is currently trading around 16967. Yen rallied sharply...
Sep 07, 2016 02:31 am UTC| Technicals
USD/KRW is currently trading around 1,094 levels. It made intraday high at 1,095 and low at 1,093 marks. Intraday bias remains bearish till the time pair holds key resistance at 1,107 levels. A daily close...
FxWirePro: Aussie falls against major peers after lower than expected GDP data
Sep 07, 2016 01:54 am UTC| Technicals
AUD/NZD is currently trading around 1.0342 marks. Pair made intraday high at 1.0372 and low at 1.0326 marks. Intraday bias remains bearish till the time pair holds key resistance at 1.0453 marks. A sustained...
FxWirePro: Silver hits fresh 4-week high at $20.10 mark, faces strong resistance at $20.22
Sep 07, 2016 01:10 am UTC| Technicals
XAG/USD is currently trading around $20.03 marks. It made intraday high at $20.10 and low at $19.92 levels. Intraday bias remains bullish till the time pair holds key support at $19.72 levels. A daily close...
FxWirePro: USD/JPY bearish again as upside bias reverses
Sep 06, 2016 17:37 pm UTC| Technicals
USD/JPY declined sharply on Tuesday as weaker-than-expected reading of a U.S. services sector index for August accelerated the pairs downside. Institute for Supply Management report on service-sector activity showed a...
FxWirePro: USD/CAD dips below lower range, bearish bias increases
Sep 06, 2016 15:19 pm UTC| Technicals
The USD/CAD pair declined in the US session hitting as low as 1.2829 after U.S. services sector index for the month of August reinforced expectations the Federal Reserve will not raise interest rates when it meets next...
FxWirePro: GBP/USD maintains bullish bias with focus on 1.3500 levels
Sep 06, 2016 14:54 pm UTC| Technicals
The Sterling remained in strong bullish tone against dollar on Tuesday as buying interest continued after ISM Non-Manufacturing PMI data showed its worst reading since February 2010 suggesting the Federal Reserve was...
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