FxWirePro: Singapore dollar erases previous loss against US dollar, good to sell on rallies
May 20, 2016 02:00 am UTC| Technicals
USD/SGD is currently trading around 1.3787 marks. It made intraday high at 1.3803 and low at 1.3780 levels. Intraday bias remains bearish till the time pair holds key resistance at 1.3828 levels. A sustained...
FxWirePro: USD/JPY hovers around 110.00 mark, G7 meeting in focus
May 20, 2016 00:59 am UTC| Technicals
USD/JPY is currently trading around 110.05 marks. It made intraday high at 110.07 and low at 109.84 levels. Intraday bias remains neutral for the moment. A daily close above 110.38 is required to take the...
FxWirePro: EUR/USD pauses decline, downside risk remains
May 19, 2016 18:25 pm UTC| Technicals
The EUR/USD pair declined on Thursday as the US dollar gained strength across the board after Federal Reserve in its policy meeting said Fed was on track to hike rate in June or July. However, after weak US economic data,...
FxWirePro: GBP/USD key support at 1.4551, bullish in the short term
May 19, 2016 17:32 pm UTC| Technicals
The GBP/USD rose towards 3 ½ -month high on Thursday as the sterling was boosted by better than expected retail sales report for April. However, the pair retreated back towards 1.4570 levels as the pair attracted...
FxWirePro: AUD/USD hits 2 1/2-months low, outlook bearish
May 19, 2016 15:27 pm UTC| Technicals
The AUD/USD pair declined to hit 2 ½ month low on Thursday, as commodity currencies weakened across the board after oil prices declined sharply following Feds meeting indicating that the US central bank will more...
FxWirePro: USD/JPY runs out of steam but maintains bullish outlook
May 19, 2016 14:50 pm UTC| Technicals
USD/JPY pair declined on Thursday following negative Philadelphia Fed Manufacturing Index in the early US session. The pair hit high at 110.37, after finding buying interest before declining sharply towards 109.70 levels...
FxWirePro:Gold dips below lower range, bearish bias increases
May 19, 2016 14:05 pm UTC| Technicals
Gold slipped sharply lower on Thursday ,extending its previous days decline after Federal Reserve in its latest policy meeting signaled it could raise US interest rate as soon as next month. The minutes, from Feds...
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