FxWirePro: ASX200 faces strong resistance at 5400, good to sell on rallies
May 19, 2016 02:58 am UTC| Technicals
Major resistance - 5400 Major Support - 5300 ASX200 has broken minor support 5335 and declined till 5312. It is currently trading at 5322. Short term trend is slightly bearish as long as resistance 5400...
FxWirePro: Nikkei225 faces strong resistance at 17000, good to sell on rallies
May 19, 2016 02:40 am UTC| Technicals
Major resistance - 16985 (11 May High) Major support - 16530 (10 day EMA) Nikkei index has slightly retreated after making a high of 16838. It is currently trading around 16648. Short term trend is slightly...
FxWirePro: Aussie gains against major peers after employment data
May 19, 2016 02:35 am UTC| Technicals
AUD/NZD is trading around 1.0706 marks. Pair made intraday high at 1.0732 and low at 1.0679 marks. A net 10,800 jobs were added to the economy last month, missing analysts forecast of a 12,100 net increase and...
FxWirePro: Japanese Yen gains in early Asia on robust core machinery orders in March
May 19, 2016 01:33 am UTC| Technicals Economy
USD/JPY is currently trading around 110.12 marks. It made intraday high at 110.23 and low at 110.06 levels. Today Japan released core machinery orders data with positive numbers to 5.5% m/m vs -9.2% m/m previous...
FxWirePro: NZD/JPY stiff resistance at 74.50, breaks above could see further upside
May 18, 2016 12:42 pm UTC| Technicals
NZD/JPY stiff resistance at 74.50, further gains only on break above. RBNZ Q2 2-year inflation expectations gauge weighed negatively on the sentiment around the NZD. Momentum studies are neutral, but Stoch and...
FxWirePro: EUR/AUD major resistance at 1.56, further upside only on breaks above
May 18, 2016 12:21 pm UTC| Technicals
EUR/AUD saw sharp downside as Aussie buoyed post RBA minutes yesterday which saw markets push out rate cut bets. The pair has recovered the steep slump post RBA minutes, up from hit session lows at 1.5366 to currently...
May 18, 2016 12:17 pm UTC| Technicals
Major support -156.80 (10 day MA) Major resistance -159.05 (55 day EMA) GBP/JPY has recovered after making a low of 157.54. It is currently trading around 159.23. Minor weakness can be seen only below...
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