FxWirePro:ASX200 faces strong resistance at 5625, good to buy on dips
Aug 24, 2016 02:28 am UTC| Technicals
Major resistance- 5625 (Aug 1st 2016 high). Major support - 5500 (trend line joining 5483 and 5459). The index has jumped till 5584 yesterday and slightly declined from that level. It is currently trading around...
FxWirePro:Nikkei225 faces trong resistance at 200 day MA,good to sell on rallies
Aug 24, 2016 02:04 am UTC| Technicals
Major support - 16400 (daily Kijun-Sen). Nikkei225 has once again recovered after making a low of 16442 yesterday. It is currently trading around 16562. The index is facing major support at 16414 (daily...
FxWirePro: South Korean won opens onshore trade at 1,121.5 per USD, bias remains bullish above 1,124
Aug 24, 2016 01:40 am UTC| Technicals
USD/KRW is currently trading around 1,121 levels. It made intraday high at 1,123 and low at 1,121 marks. Intraday bias remains bullish till the time pair holds key support at 1,107 levels. A sustained close...
FxWirePro: Silver rises sharply in early hours of Asia, upside limited
Aug 24, 2016 01:07 am UTC| Technicals
XAG/USD is currently trading around $18.95 marks. It made intraday high at $18.97 and low at $18.79 levels. Intraday bias remains bearish till the time pair holds key resistance at $19.27 levels. A daily...
FxWirePro: GBP/USD maintains bullish bias with focus on 1.3300 levels
Aug 23, 2016 19:10 pm UTC| Technicals
The Sterling remained in strong bullish tone against dollar on Tuesday as buying interest continued as speculators cut bearish bets against the currency as recent data suggested that Britains economy is holding up...
Aug 23, 2016 12:57 pm UTC| Technicals
Ever since the pair approaches pivot levels of 1.7039 it either bounces back or slid massively, now acting that level as resistance as bears resumed in the major downtrend, on the flip side the pair also tested 7DMA as...
FxWirePro: Flash Euro-zone PMI prints fail to impress euro bulls, EUR/GBP slips below 0.86 handle
Aug 23, 2016 12:24 pm UTC| Technicals
Flash euro-zone PMI data released earlier failed to impress EUR bulls. On the other side, Great Britain CBI Trends failed to provide evidence of post-Brexit economic fallout. A broad-based recovery in the sterling and...
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